EToro has filed confidentially for a US initial public offering that could value the online investment platform at more than $5 billion.

The Bank of the Philippine Islands (BPI) is looking to boost its digital transformation through a $260 million, multi-year services agreement with IBM.

SEB has joined a Swedish consortium building an AI factory with Nvidia.

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

Payroll services provider Zellis is the latest firm to have been targeted by the MOVEit cyber breach, confirming that personal data from eight client firms has been stolen.

Visa is expanding its North America Fintech Fast Track programme beyond card issuance to connect members to its real-time money movement platform.

Investment app Freetrade has slashed its valuation by 65% as it prepares for a fresh crowdfunding campaign in June.

Brazilian business-to-business payments platform Barte has raised $3 million in a seed funding round.

SS&C has struck a deal to buy wealth management technology outfit Innovest Systems for $120 million in cash and stock.

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

The world’s first AI-powered securitisation platform, TeamSec, aims to transform the structured finance industry through a securitisation-as-a-service platform.

Turkish digital investment bank BankPozitif has teamed up with Swiss blockchain startup Taurus for a push into crypto.