Conister Bank Says it has Launched Fully Digital Deposit System

Conister Bank Limited based in the Isle of Man says it has launched a new online deposit system for its UK retail customers. Consister is part of the Manx Financial Group PLC (AIM:MFX) a firm that operates various financial sercies firms. Conister said that historically,… Read More

Retail Investors Increase Allocations to Growth Sectors, Cash, Bonds – eToro Report

As interest rates begin to decline, US retail investors plan to strategically adjust their portfolios, prioritizing growth sector stocks such “as healthcare & technology (24%), cash assets (22%), high-yield bonds (18%), and dividend yielding stocks (18%),” according to data from the Retail Investor Beat (RIB)… Read More

JCB and London’s DOJO to Help Cardmembers with Frictionless Payments Experience

JCB, Japan’s international payment brand, and DOJO, a London-based payment technology provider, announced a partnership to enhance JCB’s card acceptance across London and the rest of the UK. JCB Cardmembers can now experience a seamless payment experience across the UK thanks to this collaboration, while… Read More

Digital Asset Bank Sygnum Raises $58 Million at $1 Billion Valuation

Swiss digital asset bank Sygnum is reporting a $58 million funding round at a $1 billion valuation. According to Sygnum, the funding round was oversubscribed. The lead investor was Bitcoin-focused VC Fulger Ventures. Others participating in the ournd include new and existing investors as well… Read More

10x Banking and DLT Apps Enable Banks to Manage Complex Data Migrations

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10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More

Novobanco Expands Partnership with Nasdaq Calypso to Streamline Capital Market Operations

Novobanco and Nasdaq (Nasdaq: NDAQ) announced the expansion of their tech partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s capital market operations. Novobanco, a Portuguese independent domestic bank, has used the solution to conduct back-office processing for… Read More

IG Group Announces Acquisition of Freetrade

IG Group Holdings plc is pleased to announce the acquisition of Freetrade, the fast-growing, commission-free, self-directed investment platform, for £160 million. The transaction will strengthen IG’s UK trading and investments offering and provide “access to new customer segments and capabilities.” Breon Corcoran, CEO of IG… Read More

Global Payments Fintech Ecommpay Launches Tool Enabling Merchants to Enhance Payment Experience

Inclusive global payments platform, Ecommpay has launched a new design tool enabling merchants to tailor the payment experience to maximize customer conversion. The functionality allows for customization of any part of a payment page layout as well as “providing CSS and A/B testing for optimized performance.”… Read More

Fintech Airwallex Enhances UK Payment Capabilities with ClearBank Partnership

ClearBank the enabler of real-time clearing and embedded banking, today announced its partnership with Airwallex, a payments and financial platform for businesses. Through this collab, Airwallex will leverage ClearBank’s agency banking solution to “enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of… Read More

KCB Bank Kenya, UnionPay International to Enhance Kenyan E-Commerce Capability

This week, KCB Bank Kenya and UnionPay International partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact on digital platforms. This collaboration is aimed at enriching the online shopping experience for consumers and merchants across Kenya. “We are delighted to join hands with UnionPay… Read More

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