Latest News – Page 11

RBC and BMO Consider $2 Billion Sale of Moneris Payments Division

The Royal Bank of Canada and the Bank of Montreal are reportedly seeking to sell their payments processing joint venture, Moneris, for as much as...

Santander Cuts 2,000 Jobs in the UK

Banco Santander has announced a significant reduction of 2,000 jobs in the UK as part of its ongoing cost-cutting initiatives. Last October, the bank revealed...

Starling’s Revaluation Boosts Chrysalis Shares

Shares in the £582 million growth capital fund Chrysalis surged by 10% following a significant increase in the valuation of its portfolio company, Starling Bank....

Uzum Secures $70 Million to Expand Fintech Infrastructure

Uzum, a prominent fintech and digital banking institution based in Uzbekistan, has successfully raised nearly $70 million in equity funding. This round saw participation from...

UK Retail Investors Prefer Index Funds

The Investment Association (IA) has reported significant interest in index trackers, which saw £1.1 billion in inflows during June 2025, reflecting a strong trend toward...

Grasshopper Secures $46.6 Million in Funding

Digital business bank Grasshopper has successfully secured $46.6 million in funding to facilitate its merger with Auto Club Trust. Patriot Financial Partners led this investment...

Wall Street Players Finalize On-Chain US Treasury Financing on the Canton Network

A consortium of financial institutions, including Bank of America, Circle, and the DTCC, has achieved a significant milestone by utilizing the Canton Network blockchain platform...

Binance Teams Up with BBVA to Enable Customers to Store Crypto Off Exchange

BBVA has entered into a partnership with Binance to enable off-exchange custody services for the crypto company's customers, as reported by the Financial Times. This...

Zodia Markets Secures More than $18 Million in Series A Funding

Zodia Markets, the digital asset platform backed by Standard Chartered, has successfully raised $18.25 million in a Series A funding round, driven by increasing demand...

Lloyds Introduces In-App Barcode Scanning for Cash Deposits at PayPoint Stores

Lloyds is the first major UK bank to introduce a mobile app feature that enables customers to deposit cash at over 30,000 PayPoint locations nationwide...