The recent collaboration between U.S. Bank’s Elan Financial Services and Fiserv marks a strategic evolution in the card‑management space, reshaping how financial institutions serve both consumers and SMEs. By integrating Elan’s credit card
The Financial Conduct Authority’s launch of a “supercharged sandbox” in partnership with Nvidia is setting the stage for a transformative leap in the UK’s banking and finance sector. The move, announced in
Barclays is setting a new standard in banking innovation by equipping 100,000 of its staff with Microsoft 365 Copilot, embedding generative AI directly into employees’ daily workflows. Building on an initial roll-out to
Kiwi, a financial technology company focused on improving credit access for underserved Latino communities, has successfully raised $7.8 million in Series A funding. This funding will fuel the expansion of Kiwi’s AI-powered
The European Central Bank (ECB) is poised to implement its eighth consecutive interest rate cut, reducing the benchmark deposit rate to 2% on June 5, 2025. This move aims to stimulate economic
HSBC UK Private Banking is set to revolutionise its wealth management services by integrating the Addepar platform, a cutting-edge wealth management solution that promises to enhance the client experience for ultra-high-net-worth individuals.
Visa has introduced its innovative account-to-account (A2A) payment solution in the UK, aimed at revolutionising the way consumers make bill and subscription payments. This new offering leverages the UK’s Faster Payments infrastructure,
The Bank of Canada (BoC) has decided to maintain its key policy rate at 2.75%, a cautious move despite stronger-than-expected economic growth in the first quarter of 2025. This decision follows a
European Central Bank (ECB) Governing Council member Fabio Panetta has suggested that inflation in the eurozone is nearly under control, with a return to the ECB’s 2% inflation target now within reach.
In a decisive move to stimulate South Korea’s struggling economy, the Bank of Korea (BOK) has reduced its benchmark interest rate by 0.25 percentage points, bringing it down to 2.5%. This marks
