
Moody’s downgrade deals fresh blow to New York Community Bancorp.
New York Community Bancorp, the largest thrift bank in the US, has been dealt a fresh blow as Moody’s downgraded its credit rating to

The BaaS Revolution: Redefining Banking’s Battlefield
The BaaS Revolution: Redefining the Banking Battlefield Traditional banks are facing liquidity challenges, and BaaS (Banking-as-a-Service) has emerged as a potential game-changer in the

Greenbrier Sporting Club up for auction, settling Justice debt.
TLDR: – The Greenbrier Sporting Club is being auctioned off to satisfy a $300 million debt from Gov. Jim Justice and his family. –

Chase Bank transforms Philly job market with massive hiring spree.
TLDR: Twitter has announced its acquisition of Revue, a newsletter platform that allows journalists and other content creators to monetize their work. The acquisition

Australia’s Reserve Bank maintains policy rate, ensuring economic stability.
The Reserve Bank of Australia (RBA) has announced that it will maintain its policy rate at 4.35%, marking the second consecutive meeting in which

Tuum soars: €25M raised for cloud-native banking platform expansion.
Tuum, a cloud-native banking platform based in Tallinn, has raised €25 million in a Series B financing round led by CommerzVentures. The funding, which

$200m Mastercard investment fuels MTN fintech unit valued at $5.2bn.
TLDR: Mastercard is investing $200 million in MTN’s fintech unit, valuing the business at $5.2 billion. The investment will give Mastercard a minority stake

Tuum rocks AI-powered banking $27M raised with 24 slide pitch.
Estonian fintech startup Tuum has raised $27 million in funding to support its expansion plans. The startup provides cloud-native core banking infrastructure technology, enabling

PB Fintech shares plummet 5% with Policybazaar parent in tax-scanner
TLDR In a recent study conducted by scientists at the University of California, it was found that regular consumption of chocolate could help individuals

Indian FinTech industry: $20 billion goal by 2030
TLDR: The Indian Enterprise FinTech industry is projected to reach $20 billion by 2030, according to a report by Chiratae Ventures and The Digital