NatWest Introduces Home Energy Hub
NatWest has introduced a new hub aimed at assisting UK homeowners in enhancing the energy efficiency of their properties. With energy costs on the rise...
Global Financial Market Data Expenditures Reach $44.3 Billion
Global expenditure on financial market data and news experienced moderate growth in 2024, with revenues increasing by 6.4% to reach $44.3 billion. This growth rate...
Djamo, the African Neobank, Secures $17 Million in Funding
Djamo, a neobanking startup aimed at the underbanked population in Francophone West Africa, has successfully raised $17 million in its latest funding round. This amount...
Klarna Halts IPO Plans Amid Market Turmoil from Trump Tariffs
Klarna, the prominent Swedish buy now, pay later (BNPL) provider, recently submitted an application to the Securities and Exchange Commission to list its common shares...
Collaboration and Competition: Embracing a New Era of Positive Synergy
As the financial industry rapidly evolves, it presents a unique set of challenges for both traditional banks and fintech firms, making their collaboration increasingly vital....
CommBank to Provide AI Training Modules for All Employees
Commonwealth Bank of Australia (CommBank) is introducing an AI microlearning initiative designed for its entire workforce. The series, titled "AI For All," features concise learning...
Lunar Appoints Nanna Bergmann to Head BaaS Spinoff
Lunar, the Nordic challenger bank, has named Nanna Bergmann from The Bank of London to head Moonrise, its newly launched Banking-as-a-Service division. Established as a...
South Korea Gears Up for CBDC Pilot with 100,000 Participants
South Korea is gearing up to launch a pilot program for a central bank digital currency (CBDC), which will engage 100,000 participants, as reported by...
Monzo Provides Essential Guidelines for Using AI in Job Applications
As artificial intelligence tools, including ChatGPT, have become increasingly prevalent in the job market, Monzo has outlined a comprehensive list of best practices for candidates...
UK Neobanks Capture Market Share from Traditional Banks
Digital-only financial institutions are increasingly challenging the established high street banks in the UK, with nine percent of the population now using a neobank as...