All articles by Satarupa Bhowmik
Satarupa Bhowmik
Deutsche Bank, Heavybit invest in governance automation specialist Kosli
Kosli has also received investments from Defined Capital, Transpose Platform, and various angel investors.
Deutsche Bank to shed 2,000 retail banking jobs in 2025
Last year, Deutsche Bank shut down 125 branches and announced additional closures ahead.
Fintech firm NymCard secures $33m in Series B funding
Existing investors including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal participated in the round.
Verizon and Santander collaborate on digital savings account
The account offers a rate 10 times the national average and potential savings of up to $180 annually on Verizon bills.
Virgin Money enters open banking partnership with Mastercard
This alliance enables Virgin Money customers to manage transactions from multiple providers in one place.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Raisin launches savings platform in Finland
At launch, the Finnish platform will work with BlueOrange, EuroExtra, and Rediem Capital.
Square Financial Services gains FDIC approval for Cash App Borrow loans
Eligibility for Cash App Borrow loans is determined by various factors, including state of residence, Cash App usage, and repayment history.
NuMark Credit Union agrees to buy The Lemont National Bank
Upon completion of the deal, NuMark’s assets will reach $910m, with 15 branches.
Arab National Bank deploys IBM platform to combat fraud
The AI-driven system enhances fraud detection with custom decision models, reducing reliance on vendors and data scientists.
Digital bank Plata garners $160m at $1.5bn valuation
Plata’s total debt and equity investment since its inception now reaches $750m.