Tagged: banking

February 19, 2026 @ 12:55 am By Omar Faridi  |  

The European Central Bank (ECB) released key updates that underscore the urgency of adapting financial supervision to the growing cross-border realities of Europe’s capital markets. Recently, the ECB and the European Systemic Risk Board (ESRB) jointly issued a detailed report examining interconnections between banks and… Read More

February 18, 2026 @ 10:02 pm By Omar Faridi  |  

Backbase, a Fintech firm focused on enabling artificial intelligence-driven banking technology, has joined forces with Plaid, the financial data network serving as the analytical foundation for modern financial services. The partnership, unveiled recently, now aims to directly tackles one of the sector’s most persistent obstacles:… Read More

February 18, 2026 @ 10:44 am By JD Alois  |  

Shares of Fiserv (NASDAQ:FISV) received a bid yesterday after news that Jana Partners had purchased 2.2 million shares of the Fintech company for approximately $151 million. Jana Partners is an activist hedge fund that will push for strategic or operational changes at Fiserv. Jana was… Read More

February 15, 2026 @ 10:07 pm By Tony Zerucha  |  

Bottomline, a global provider of business payments and cash management, and Koxa, an ERP-banking company, this week announced a partnership to deliver embedded banking capabilities directly inside ERP systems. The collaboration enables Bottomline’s bank clients to offer a fully integrated ERP banking experience to their… Read More

February 10, 2026 @ 8:52 pm By Omar Faridi  |  

Digital bank Revolut has announced plans to allocate nearly $400 million into its local operations over the next five years. This investment comes on the heels of the company surpassing one million retail customers in the country, a significant achievement / milestone around six years… Read More

February 10, 2026 @ 11:35 am By Omar Faridi  |  

Institutions in the United States are demonstrating a stronger enthusiasm for artificial intelligence compared to their international counterparts. A recent study by Finastra highlights this trend, revealing that American leaders in the sector are more optimistic about the potential benefits stemming from swift advancements in… Read More

February 10, 2026 @ 10:44 am By JD Alois  |  

Erebor Bank, a Columbus, Ohio-based digital bank serving high-net-worth individuals and startups, has been approved for a national bank charter by the Office of the Comptroller of the Currency (OCC). Erebor was previously approved for a conditional charter in October.  FDIC insurance was approved in… Read More

February 10, 2026 @ 10:22 am By Omar Faridi  |  

The Texas Bankers Association (TBA) has unveiled plans to provide its member institutions with exploratory access to tokenized deposit features via a dedicated pilot initiative. This comes on the heels of Vantage Bank‘s recent deployment of its advanced platform, marking a pivotal step for community… Read More

February 10, 2026 @ 8:26 am By Omar Faridi  |  

As the UK banking sector looks ahead to 2026, a pivotal year looms with a mix of regulatory hurdles and promising avenues for expansion. According to recent insights from UK Finance, the industry must adeptly manage evolving prudential standards, redress initiatives, and technological shifts to… Read More

February 9, 2026 @ 9:04 am By Omar Faridi  |  

KPMG Germany claims that it is at the center of driving transformative solutions for public and private sectors. Recent insights from KPMG highlight advancements in artificial intelligence for effective government operations and operational efficiencies in banking, offering practical frameworks to navigate complex challenges. These developments… Read More

February 8, 2026 @ 10:55 pm By Omar Faridi  |  

In a time-period marked by technological advancements and geopolitical flux, Citigroup (NYSE: C) has released analyses that shed light on the future of supply chain finance and the broader banking industry. These reports underscore the resilience of global trade systems while highlighting tools like artificial… Read More

February 6, 2026 @ 7:33 am By Omar Faridi  |  

Chainalysis has noted in a recent update that in the evolving landscape of digital finance, stablecoins have emerged as a foundation for efficient financial operations. According to insights from Chainalysis, these digital assets facilitate instant settlements, seamless international transfers, and enhanced liquidity on blockchain networks… Read More

February 5, 2026 @ 10:19 am By JD Alois  |  

Anchorage Digital, the first federally chartered digital-asset bank, has reached a $4.2 billion valuation following a $100 million investment from stablecoin issuer Tether. According to a note from the firm, the investment coincides with Tether enlisting Anchorage to issue a new US dollar stablecoin, USA₮…. Read More

February 4, 2026 @ 10:22 pm By Omar Faridi  |  

The London Stock Exchange Group (LSEG) and the Industrial and Commercial Bank of China (ICBC) have inked a Memorandum of Understanding (MoU) aimed at enhancing their longstanding partnership.  The agreement, signed in Beijing, coincided with the UK Prime Minister’s official visit to China, underscoring the… Read More

February 4, 2026 @ 1:29 am By Omar Faridi  |  

In a recently announced effort to further support Alabama’s burgeoning economy, JPMorgan Chase (NYSE:JPM) has unveiled a $350,000 contribution to Alabama Possible, a nonprofit dedicated to broadening access to education and economic prospects for certain groups. This funding, revealed recently, in Birmingham, targets skill-building efforts… Read More

February 3, 2026 @ 6:06 am By Omar Faridi  |  

Italian banking services provider Intesa Sanpaolo, has recently unveiled significant financing initiatives. These moves reportedly underscore the institution’s dedication to nurturing small and medium-sized enterprises (SMEs) through targeted investments in technology, sustainability, and operational enhancements. By channeling funds into various projects and supply chain improvements,… Read More

February 2, 2026 @ 5:42 pm By JD Alois  |  

Varo, a federally chartered digital bank, has raised $123.9 million in a Series G funding round. The terms of the funding were not revealed. According to a release, new investor Coliseum Capital Management and existing investor Warburg Pincus led the round. Existing investors also participated… Read More

February 2, 2026 @ 1:31 am By Tony Zerucha  |  

BitGo, (NYSE: BTGO) a digital asset infrastructure company, announced that it has become the first publicly traded, federally chartered digital asset infrastructure company, following its initial public offering and related listing on the New York Stock Exchange on Jan. 22 and the receipt of final… Read More

February 1, 2026 @ 10:24 am By Omar Faridi  |  

Brazilian fintech PicPay (Nasdaq:PICS) controlled by the billionaire Batista brothers—known for their role in the global meatpacking industry through JBS—has gone public on the Nasdaq in New York, achieving a valuation of approximately $2.5 billion. The Fintech company raised $434 million by selling about 22.86… Read More

January 30, 2026 @ 5:45 pm By JD Alois  |  

South America-based digital bank Nubank (Nu)  (NYSE:NU)has received approval for a federal bank charter by the Office of the Comptroller of the Currency. With approval, Nubank will be able to compete on a level playing field with other digital and legacy banks. As is typical,… Read More