Citi to Cut 3,500 Tech Jobs in China
Citi plans to reduce its workforce in China by 3,500 tech employees as part of a significant restructuring of its global operations. The layoffs will...
Noah, a Stablecoin Startup, Secures $22 Million in Funding
A former Adyen executive and an ex-UBS analyst have entered the burgeoning stablecoin infrastructure market, securing $22 million in seed funding for their startup, Noah....
Coinbase Introduces Bitcoin Rewards Credit Card
Coinbase has partnered with American Express to introduce a credit card that offers up to four percent bitcoin back on purchases. Available to Coinbase One...
Klarna Teams Up with Gifting Platform Nift to Enhance Loyalty Initiatives
Klarna has teamed up with AI-powered gifting platform Nift to provide personalized gifts aimed at enhancing customer loyalty. Through this partnership, Klarna will use Nift...
GrailPay Secures $6.7 Million for Innovative ACH Remediation Platform
GrailPay, a risk and data platform for bank payments, has secured $6.7 million in funding to enhance its suite of tools aimed at making ACH...
Funding Options Introduces Green Finance Marketplace
Funding Options has introduced a green finance marketplace aimed at assisting UK small and medium-sized enterprises (SMEs) in securing funds to meet their sustainability objectives....
AFME: Revamped Sustainable Finance Strategy Essential for Achieving Sustainability Goals
The European Commission has unveiled its Renewed Sustainable Finance Strategy, aimed at equipping the financial sector with the necessary policy frameworks to facilitate businesses' transition...
Barclays Set to Launch Microsoft Co-Pilot for 100,000 Employees
Barclays Bank is set to enhance its use of Microsoft Co-Pilot AI technology by extending its deployment to 100,000 employees globally. The integration of Microsoft...
OCBC Launches Sustainability Training Program for All Employees
OCBC Bank is implementing a comprehensive sustainability training initiative for its 30,000 employees as part of its "Future Smart" program. This initiative aims to cultivate...
Starling Introduces AI-Driven ‘Spending Intelligence’ Tool
Starling Bank is empowering its customers with the launch of a new feature called "Spending Intelligence," centered around a Large Language Model (LLM) that enables...