Klarna considers autumn IPO revival
After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.
LSEG unifies global finance ops on Oracle Cloud
London Stock Exchange Group is unifying its global finance operations on Oracle Cloud, replacing a host of legacy systems with the vendor’s applications.
BBVA launches digital bank in Germany
Spain’s BBVA continues its European expansion, launching a 100% digital retail bank in Germany.
Top 5 challenges facing Nordic banks in 2025 – and how NextGen Nordics can help
The Nordic banking sector, known for its advanced digital landscape and commitment to financial innovation, is experiencing a wave of new challenges in 2025. These challenges are largely driven by rapid technological advancements, stringent regulations, and the evolving demands of consumers.
TCF 2024 day 1: New CEO gives opening address
Jean-Pierre Brulard, CEO, Temenos, kicked off day one of Temenos Community Forum (TCF) with an opening address after a handover from former CEO Andreas Andreadas.
OpenAI acquires AI-powered personal investing app
OpenAI has acquired AI-powered personal finance app Roi in a deal that secures the services of the latter’s CEO Sujith Vishwajith.
Caixabank tech subsidiary to hire 500 developers
The technology subsidiary of Caixabank is to hire 500 developers in the first quarter, surpassing 1600 employees.
SavvyMoney scores $225m investment
SavvyMoney, a provider of financial wellness tech to banks, credit unions and fintechs, has secured a $225 million minority investment.
Tencent backs Finnish fintech Enfuce
Finnish fintech Enfuce has raised €7 million in Seris B funding, including a €5 million investment from Chinese behemoth Tencent.
PSR to take action against card schemes after 25% hike in fees
The UK’s Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.
Banks told to expand risk management to cover AI
A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.
BBVA replaces interviews with a ‘datathon’ in search for next generation of data scientists
BBVA is replacing traditional interviews with ‘datathons’ to test the ability of potential young recruits as it bids to hire a total of 2000 advanced analysts by the end of 2021, 800 of which will be data scientists.
Digital wealth management startup Exo brings AI-powered investing to the masses
Digital wealth management startup Exo Investing is launching in the UK, promising to give private investors access to the sophisticated AI-powered technology that until now has been the preserve of institutional and ultra high net worth clients.
Credit Suisse appoints chief tech and ops officer
Swiss banking firm Credit Suisse has named former Goldman Sachs tech exec as chief technology and operations officer.
Moneybox raises £30m
British savings and investment app Moneybox has raised £30 million in a Series C funding round led by Eight Roads and CNP and joined by Breega.