Monzo has taken a decisive step in reshaping its international strategy, withdrawing from the US market, while simultaneously launching operations in Ireland. The moves signal a recalibration of its ...
Monzo has retained investment bankers from Morgan Stanley and Qatalyst to assist with the process. Credit: Ascannio/ Shutterstock.com. Brazilian digital banking group Nu Holdings has opened ...
The transaction gives Bank7 entry into New Mexico. Credit: Pavel Kapysh/ Shutterstock.com. Bank7 Corp has agreed to buy all outstanding common stock of Century Financial Services Corporation in a cash ...
Technical deployment relies on the Oracle Blockchain Platform and Oracle Digital Assets Data Nexus. Credit: PJ McDonnell/ Shutterstock.com. Oracle has integrated its banking software suite to Swift’s ...
The bank is getting ready to widen AI use beyond employee support tools. Credit: Werner Lerooy/ Shutterstock.com. Danske Bank expects its employee base to decline further over the next few years as ...
The company’s financial services business expanded 48% year on year. Credit: Summit Art Creations/ Shutterstock.com. Workflow platform Creatio will invest $300m into its Bank.AI between 2026 and 2028, ...
National Bank of Egypt and Banque Misr are both owned by the Egyptian state. Credit: Brookgardener/ Shutterstock.com. National Bank of Egypt (NBE) will assume control of Banque Misr’s operations in ...
The German state owns about 13% of Commerzbank. Credit: Vytautas Kielaitis/ Shutterstock.com. Commerzbank could acquire UniCredit’s German subsidiary HVB through an equity-funded transaction as the ...
RedotPay has submitted more than 20 further licence applications across other states. Credit: Tapati Rinchumrus/ Shutterstock.com. RedotPay has obtained its first two lending licences at state level ...
Bank of England received autonomy over monetary policy in 1997. Credit: Mistervlad/ Shutterstock.com. The UK Parliament’s Treasury Committee has opened an inquiry into the Bank of England to determine ...
The updated plan points to average annual group revenue growth of about 3% between 2026 and 2029. Credit: Alexandros Michailidis/ Shutterstock.com. Societe Generale has outlined a revised strategy ...
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