ECB reduces capital requirements for banks after stress test results
The European Central Bank (ECB) has lowered capital requirements for banks after strong performance in recent stress tests, enhancing their…
19 Nov 2025
Klarna payment options on Apple Pay expand to Spain, Denmark, and Sweden
Klarna payment options on Apple Pay have now become available to customers in Spain, Denmark, and Sweden. Eligible users in these countries can use Klarna’s flexible payment services when checking…
19 Nov 2025
Italy prioritises MPS-BPM merger to reduce stake in MPS – report
Italy is prioritising a potential merger of Monte dei Paschi di Siena (MPS) and Banco BPM to reduce its shareholding in MPS, reported Reuters, citing sources. The government will retain…
19 Nov 2025
AI-driven insurance platform Federato raises $100m in Series D funding
Federato, an AI-driven insurance platform, has secured $100m in a Series D funding round. The round was led by Growth Equity at Goldman Sachs Alternatives, with additional backing from existing…
18 Nov 2025
Deutsche Bank announces growth strategy for 2028
Deutsche Bank has announced its 2028 growth strategy, focusing on significant revenue and profitability increases, and scaling its Global Hausbank. This strategy sets ambitious financial targets and prioritises disciplined capital…
18 Nov 2025
SuMiTB implements FIDO authentication to secure mobile banking services
Sumitomo Mitsui Trust Bank (SuMiTB) has selected Japanese information technology (IT) company SCSK and US-based digital security solutions provider OneSpan to enhance the security of its mobile banking services. This…
17 Nov 2025
Westpac extends regional branch moratorium to 2030
Westpac has extended its regional branch moratorium until 2030 and launched a pilot for a new Community Banking Service aimed at enhancing access to banking in regional Australia. The Westpac…