Belize Bank, a long-standing financial institution in Belize, is teaming up with i2c Inc. to give its technology a major overhaul. This partnership aims to bring Belize Bank into the digital age, making banking more accessible and secure for everyone in the country. The bank, which has been around
The UK is tightening its grip on crypto. Recently, people in the UK can't access certain Ledger blog pages, like the one explaining multisig wallets. When they try, they see a message: "Due to new rules in the UK, certain Ledger. com webpages are restricted. " This isn't just about Ledger. It's par
FPT, a big tech company, is teaming up with two major banks in Taiwan to bring their services into the digital age. This isn't just about making things look pretty; it's about making banking safer, smoother, and more efficient for everyone involved. First up, FPT is working with OBank to revamp the
Marco Voci has taken a new role at Houlihan Lokey, a big name in investment banking. He's now a Managing Director in their Consumer Group, based in London. His job? To focus on active lifestyle, branded consumer products, and luxury goods in Europe, the Middle East, and Africa. He'll team up with ot
Wall Street is going all-in on AI, and the big banks are leading the charge. JPMorgan Chase, for instance, has a massive technology budget of $18 billion, with a significant chunk dedicated to AI. The bank's CEO, Jamie Dimon, is a big fan of their generative AI suite, which has been rolled out to ov
Financial fraud is evolving, and one of the most alarming trends is synthetic identity fraud. This type of fraud, often referred to as "Frankenstein fraud, " involves creating a fake identity by combining real and fabricated information. Unlike traditional identity theft, where a criminal steals and
Big changes are happening at Bank of America. The bank just promoted some key people in its technology and media teams. Matthew Sharnoff and Johnny Williams are now the new leaders for global tech investments. They will work together as co-heads. Sharnoff has been with the bank for over 25 years. Wi
Pave Bank has secured $39 million in funding, with Accel leading the charge. This company is on a mission to blend traditional finance with the world of digital assets. Imagine a bank that handles both regular money and digital currencies seamlessly. That's what Pave Bank offers. It provides deposit
In a move to boost their market presence, Huntington Bancshares has decided to acquire Cadence Bank. This isn't just any deal; it's a massive $7. 4 billion all-stock agreement. Why are they doing this? Well, regional banks like Huntington are feeling the pressure to grow and compete with the big sho
People are always on their phones, and banking is no exception. Over half of users check their banking apps daily, with a quarter doing so multiple times a day. Mobile banking is huge, but many banks are not keeping up with what users want. Users expect their banking apps to be personalized, but 51
