October 6, 2025 @ 11:53 am By Omar Faridi  |  

The Net Zero Banking Alliance is shutting down. The announcement comes after several defections from large banking institutions, the Net Zero Banking Alliance stated. The alliance confirmed that it will be shutting down immediately. The closure comes after a reported loss of confidence in the… Read More

 Tagged banking, climate change, net zero banking alliance, us

October 6, 2025 @ 11:47 am By Omar Faridi  |  

Kraken has announced enhancements to their equities offering for U.S. users, introducing a suite of features designed to provide a better trading experience. According to the announcement from Kraken, these latest additions aim to further bridge the gap between traditional finance and digital assets. The… Read More

 Tagged digital assets, equities, investing, kraken, trading

October 6, 2025 @ 11:35 am By Omar Faridi  |  

Checkout.com, a digital payments provider, announced that the State of Georgia Department of Banking and Finance has accepted its application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter. This reinforces the Fintech firm’s ongoing commitment to deliver a payments platform for US enterprise merchants…. Read More

 Tagged banking, checkout.com, georgia, payments, us

October 6, 2025 @ 9:32 am By JD Alois  |  

Fifth Third (Nasdaq: FITB) will acquire Comerica (NYSE: CMA), according to a public statement. The deal will create the ninth-largest US bank, with approximately $288 billion in assets. Shares of both banks moved higher in early market trading. Fifth Third will pay approximately $10.9 billion in… Read More

 Tagged acquisition, banking, comerica, fifth third

October 6, 2025 @ 9:19 am By JD Alois  |  

Abound, a UK Fintech in the online lending sector, has surpassed £1 billion in lending. First reported by Financial IT, Abound CEO  Gerald Chappell, is quoted on the milestone: “Reaching £1 billion in loans is proof of our momentum and our technology. With more milestones… Read More

 Tagged abound, online lending, uk, united kingdom

October 6, 2025 @ 8:39 am By Omar Faridi  |  

A financial skills gap is said to be undermining the resilience and overall growth of small businesses across the United Kingdom, according to the latest research released by Xero, the global small business platform. The study, conducted by Censuswide and Opinium, reportedly exposes a lack… Read More

 Tagged research, smbs, uk, united kingdom

October 6, 2025 @ 8:22 am By Omar Faridi  |  

UK’s digital bank Monzo appears to be gearing up for a push into the US market by considering a fresh bid for a U.S. banking charter. This comes years after the Fintech company shelved a prior attempt in 2021, when regulators seemingly signaled low chances… Read More

 Tagged bank charter, digital banking, monzo, uk, us

October 6, 2025 @ 6:50 am By Omar Faridi  |  

Brex, the intelligent finance platform, announced the upcoming launch of native stablecoin payments. This will make Brex the global corporate card provider that enables instant balance payments with stablecoins. With this launch, customers with a Brex business account “will be able to accept stablecoins with… Read More

 Tagged brex, finance, fintech, stablecoins

October 6, 2025 @ 6:19 am By Omar Faridi  |  

Santander Corporate & Investment Banking announced that its U.S. broker-dealer, Santander US Capital Markets LLC, entered a strategic alliance with healthcare-focused Nephron Research LLC. This is reportedly Santander CIB’s third equity research alliance in the United States, following agreements entered with Telsey Advisory Group LLC,… Read More

 Tagged equity research, europe, santander, spain

October 6, 2025 @ 1:11 am By Tony Zerucha  |  

Mastercard has extended its strategic commercial partnership with Smile ID, an identity verification provider in Africa, to accelerate the rollout of secure digital identity solutions across the continent. This partnership will enable banks, fintechs, mobile money operators and other enterprises to onboard new customers faster,… Read More

 Tagged africa, digital id, Mark Straub, mastercard, Selin Bahadirli, Smile ID