Category: Payments and Digital Banking

Town has secured $18 million in seed funding to enhance its AI-powered tax automation services for small businesses. The funding round, led by First Round…

Virgin Money is enhancing its customer experience by allowing users to manage credit card and current account balances from multiple banks via its Credit Card…

Chetwood Bank, a leading digital challenger bank in the UK, has launched a new range of fixed-rate savings accounts with competitive interest rates and a…

OakNorth, a digital commercial bank focused on entrepreneurs, has announced its acquisition of Community Unity Bank (CUB) in Michigan, pending regulatory approval. This stock-for-stock transaction…

Burbank has achieved a significant milestone by conducting the world’s first online card-present transaction using its innovative Card-Present over Internet (CPoI) technology. This method integrates…

Commonwealth Bank of Australia (CBA) has expanded its partnership with AI safety leader Anthropic to enhance AI technology adoption, transforming customer experiences and supporting employees.…

The International Federation of Accountants (IFAC) has updated the International Education Standards (IESs) to integrate sustainability into accounting practices, responding to the growing demand for…

The Netherlands Authority for the Financial Markets (AFM) has fined neo-broker BUX €1.6 million for violating inducement regulations by providing incentives to customers and influencers.…

Devexa, the AI-powered trading assistant by Devexperts, has launched a new community feature that enhances trader engagement within brokers’ platforms. This secure environment allows traders…

Nirvana Insurance, an AI-driven commercial trucking insurer based in California, has raised US$80 million in a Series C funding round, boosting its valuation to approximately…