Latest News – Page 405

Wirecard Whistleblower Introduces New Confidential Reporting Tool

Pav Gill, the whistleblower instrumental in exposing the issues surrounding German payment processor Wirecard, has launched a new platform called Confide. This initiative aims to...

Standard Chartered Celebrates a “Transformative Milestone” with the Introduction of Digital Asset Custody Service in the UAE

Standard Chartered has launched a digital asset custody service in the UAE, having received a license from the Dubai Financial Services Authority (DFSA) within the...

Wise Secures Direct Access to Japan’s Payment Clearing Network – Reuters

Wise has become the first foreign company to receive approval for direct access to Japan’s bank payment clearing network, Zengin. According to a report from...

Allica Bank Announces Its First Year of Profitability

SME challenger bank Allica has reported its first full year of profitability just three years after launching its lending services. Allica, which provides a range...

CFIT CEO: Open Finance Could Increase UK GDP by £30.5 Billion

The Centre for Finance, Innovation and Technology (CFIT) has released a report highlighting the advantages of open finance, aligning with the Kalifa Review. Finextra had...

NAB Strives to Become the “Top Alarm in the Neighborhood”

National Australia Bank (NAB) is investigating the implementation of biometric tracking techniques, such as monitoring keystrokes and phone handling, as part of its strategy to...

DBS Launches Blockchain-Enabled Banking Solutions for Institutions

Singapore's DBS has introduced a suite of blockchain-enabled features within its core transaction banking services for institutional clients. Following extensive pilot programs, DBS Token Services...

Pomelo Secures $35 Million for Credit-Building Remittance Solution

US startup Pomelo has successfully raised $35 million in a Series A funding round to develop its innovative credit-building remittance app and card. Investors in...

FCA Decides Against Intervening in Wholesale Data Market

Despite acknowledging areas for improvement in the distribution of wholesale market data, the Financial Conduct Authority (FCA) has decided against intervention due to the risk...

Gemini Consents to Refund $1.1 Billion to Earn Customers

Gemini has committed to returning at least $1.1 billion to customers affected by its partnership with the now-bankrupt Genesis. The company, founded by Tyler and...