Regions Bank Brings New Tool to Help Businesses Manage Money
Regions Bank has introduced a new tool to help businesses handle money in a better way. The bank said this tool is called Regions Embedded ERP Finance. It helps Treasury Management clients manage cash flow, reduce risks, and plan better...
Dimon Advocates For Change In Bank Regulation After Meeting With Lawmakers
JPMorgan Chase Chief Executive Officer Jamie Dimon made it clear during a visit to Washington, D.C., that he thinks the way banks are regulated needs to change. After a private meeting with Republican lawmakers and other big bank Chief Executive...
Sujata Bhatia Steps Down As Monzo’s Chief Operating Officer After Five Years
Monzo’s Chief Operating Officer, Sujata Bhatia, is leaving the UK-based digital bank after five years. She didn’t say what’s next for her but shared how proud she is of what the company has achieved during her time there. Her exit...
Bybit Removed From France’s AMF Blacklist After Compliance Efforts
Bybit, a well-known cryptocurrency exchange, is no longer on France’s financial watchdog’s blacklist. The French regulator, Autorité des Marchés Financiers (AMF), had blacklisted Bybit in May 2022 for not following local financial rules. Back then, French authorities even warned people...
Payoneer Expands in China with New Approval
Payoneer has received approval from Chinese regulators to buy a licensed payment service provider in China. The company said with the approval, it will be able to provide better and more efficient payment solutions for small and medium-sized businesses in...
CFI Financial Opens New Office In Azerbaijan
Leading online trading provider CFI Financial Group has opened a new branch in Azerbaijan. The new office, called CFI Financial Investment Company (CFI Azerbaijan), is part of the company’s growth plan. CFI said this expansion brings top-quality financial services to...
Tether Expands Investment Portfolio With Stake In Juventus FC
Juventus FC, one of Italy’s biggest football clubs, has a new investor from the crypto world. Tether, the company behind the $140 billion stablecoin USDT, has bought a small stake in the club, showing its interest in sports investments. After...
Zelle Reveals $1 Trillion In Transactions For Last Year
Zelle, a popular money-transfer service, shared exciting news this week. The company said users sent $1 trillion through its network last year. This was 27% more than what users sent two years ago. Zelle belongs to Early Warning Services LLC...
Bitget Moves Into Bulgaria With New Crypto License
Bitget, a well-known cryptocurrency exchange, has received permission to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. This approval allows the company to provide digital asset trading, storage, and transfers. The company is now preparing to follow new...
Mastercard Launches TRACE In Asia Pacific To Stop Financial Crimes
Mastercard has announced the launch of TRACE (Trace Financial Crime) in Asia Pacific. TRACE is a new tool that uses artificial intelligence to find and stop financial crimes like money laundering. It works by looking at payment data from many...
HSBC To Reduce Banking Jobs Worldwide In New Plan
HSBC Holdings Plc is preparing to cut jobs in its investment banking division. This is part of a long-term plan to organize work more efficiently and lower expenses. Georges Elhedery, who became the leader in September 2024, is guiding these...
Capital.com Expands Partnership with LSEG For Enhanced Market Data
Capital.com is growing stronger by working more with the London Stock Exchange Group (LSEG). The company has added market data and AI-powered tools to help traders. This move came as more people started trading, especially in the MENA region. Now,...
Big Layoffs At Zepz As The Company Restructures Operations
Zepz, a British digital remittance company, is reducing its number of workers and closing business units in Kenya and Poland. According to reports, around 200 employees will be affected by these job cuts. Two former workers, who lost their jobs,...
Coinbase Considers Reentering Indian Market After 2023 Exit
Coinbase is considering returning to India after leaving the country in 2023. The company has started talking to India’s Financial Intelligence Unit (FIU) to understand the rules and make sure it follows them. This move comes as India continues to...
Finmo Secures $18.5 Million In Series A Funding To Expand Treasury Solutions
Finmo, a company from Singapore that helps businesses with treasury work, said that it had raised $18.5 million in its Series A funding round. It explained that this amount had brought its total funding to $27 million. The company stated...