January 2024 - Page 2

California banks Southern California Bancorp and California BanCorp have announced a merger worth $234m, forming a combined lender with $4.6bn in assets.

Tens of thousands of computers worldwide have been infected by Grandoreiro malware; the Federal Police of Brazil recently arrested five individuals in

TLDR: Global fintech companies like Revolut and Robinhood are targeting the UK retail investing market to capitalize on the diverse investment choices

TLDR: The UK fintech company Fintel plc has reported a 6% increase in adjusted EBITDA for the fiscal year of 2023, reaching

TLDR: Mint has reported that fintech SME stock, Network People Services Technologies (NPST) Limited, reached a record high after announcing its Q3

TLDR: Bunq, a neobank with 11 million users, ended 2023 with a net annual profit of €53.1 million. The Netherlands-based company has

TLDR: Bajaj Finance reported a 22% YoY growth in consolidated net profit for Q3 FY24, but missed Street estimates. The company faced

TLDR: Christine Bishop has been named as the new Vice President and Government Banking Services Officer at Androscoggin Bank. She brings with

TLDR: – Bank Hapoalim has issued a cautionary note, advising investors and policymakers to interpret the recent positive economic indicators with caution.

In an article for American Banker, John King argues that banks must carefully vet AI vendors to ensure their specific needs and