February 2025 – Page 16

ECB Postpones Rollout of Unified Collateral Management Platform

The European Central Bank has postponed the launch of its new collateral management system from 20 November 2023 to April 2024. The new collateral management...

CommBank and Telstra Team Up to Combat Identity Theft

CommBank is enhancing its collaboration with Telstra to roll out new fraud detection technology. The recently launched Fraud Indicator, developed by Quantium Telstra in partnership...

BNY Mellon Makes Investment in Fixed Income Technology Company bondIT

BNY Mellon has led a $14 million investment round for bondIT, a company specializing in credit analytics and fixed income technology. BondIT aims to digitize...

Alabama Man Admits Guilt in SEC X Hacking Case

An Alabama man has pleaded guilty in connection with the unauthorized takeover of the US Securities and Exchange Commission (SEC)’s social media account on X...

Nordnet Suspends App Access Following Incidents of Customers Being Logged into Incorrect Accounts

Nordnet, the pan-Nordic investment platform, temporarily suspended its services for four hours on Tuesday following reports from customers who discovered they could access other users'...

Axe the Card Tax Campaign Urges Review of Card Payment Costs

The Axe the Card Tax campaign is urging the UK Treasury and the Payments System Regulator to assess the costs associated with card payments in...

OneID Secures New Investment from ACF Investors

OneID, the sole provider of bank-verified digital identification services in the UK, has secured new funding led by ACF Investors. OneID is recognized as one...

Citi Projects Slowest Global Economic Growth in 40 Years

A recent report from Citi Global Wealth Investments (CGWI) highlights the potential for the weakest annual global economic growth in forty years, excluding the periods...

NatWest Allows Customers to Establish Daily Transfer Limits

NatWest has introduced a feature allowing customers to set their own daily limits for digital bank transfers, a move aimed at minimizing the impact of...

Lloyds Private Equity Division Invests in Etrading Software

Lloyds Banking Group's private equity arm, LDC, has made a substantial investment in Etrading Software, a capital markets technology provider. Based in London, Etrading Software...