Deloitte Canada has made a powerful move by acquiring Allevar, turbocharging its financial crime and compliance services for financial institutions. This game-changing acquisition is poised to enhance risk management and revolutionize regulatory solutions across the industry
Deutsche Bank is shaking up advisory roles at its global investment bank, determined to sharpen leadership and elevate client services, Reuters reports. This bold move underscores the bank’s commitment to boosting efficiency amid ongoing market challenges
UK fintech giant Revolut is set to acquire BNP Paribas’ consumer finance arm, Cetelem, in Argentina, Bloomberg reports. This bold move marks an exciting leap for Revolut as it dives into Latin America’s fast-growing digital finance market
BBVA has launched a fully digital bank in Germany, featuring an interest-bearing checking account with absolutely no fees. This innovative new service is set to captivate customers seeking convenient, affordable, and modern banking solutions in the German market
Welcome to The Collective Quarterly – Issue 06, your ultimate guide to the vibrant and ever-evolving world of Fin Tech in the United Kingdom. In this edition, Mondaq delivers sharp insights and expert analysis on the rapid innovations transforming the financial technology landscape
Australia’s Afterpay reportedly encouraged some buy-now-pay-later users to shut down their accounts-only to soon offer them credit cards, Reuters reveals. This unexpected move has ignited new concerns about transparency and ethical lending practices in the BNPL industry
Australia’s Commonwealth Bank has triumphantly completed its data migration to AWS, ushering in a new era of advanced AI capabilities. This bold step is poised to turbocharge data analytics and accelerate innovation across its entire range of financial services
Mercado Pago is gearing up to apply for a banking license in Argentina, marking a bold step in its regional expansion journey. This strategic move is set to elevate financial services and strengthen its foothold in Latin America’s rapidly evolving fintech landscape
Goldman Sachs is reportedly eyeing an exciting expansion of its retail banking services into Ireland and Germany. This bold strategic move seeks to unlock new markets and strengthen its foothold in Europe, all while navigating a dynamic and competitive financial landscape
1GLOBAL has teamed up with N26 to unveil Germany’s groundbreaking digital bank eSIM mobile plans, revolutionizing customer convenience! This cutting-edge service empowers N26 users to seamlessly access mobile services right from their banking app, making digital banking and connectivity smoother than ever
Exciting news is on the horizon! Exclusive reports indicate that Deutsche Bank’s asset management division, DWS, is in talks with Japan’s Nippon Life to forge a dynamic joint venture in India. This collaboration seeks to bolster their foothold in the booming Indian financial market, tapping into its immense potential for growth.
The UK’s Financial Conduct Authority (FCA) is inviting the public to share their thoughts on exciting new regulations for the cryptocurrency sector. This initiative is designed to bolster consumer protection and improve oversight of organizations, all while navigating the fast-paced world of digital assets.
The International Monetary Fund has unveiled a detailed evaluation of the People’s Republic of China’s financial sector, shining a light on potential systemic risks and proposing vital reforms to enhance stability. These insights emphasize the importance of remaining alert in the face of economic uncertainties.
A recent power outage in Spain and Portugal caught many card users off guard, as electronic payment systems came to a standstill. With businesses unable to process transactions, customers found themselves scrambling for cash, shining a spotlight on the vulnerabilities within the region’s infrastructure.
As we step into January 2025, the UK’s private capital market is navigating a vibrant and challenging macroeconomic landscape. With interest rates on the rise and inflation making its presence felt, investors are rethinking their strategies. They are on a quest for resilience in the face of market fluctuations while skillfully adapting to evolving regulatory changes.
Citi has made the surprising decision to shut down its office on the stunning Spanish coast, a location that was launched just three years ago with the aim of boosting employee work-life balance. This unexpected move sparks a conversation about the true effectiveness of remote work strategies as companies continue to navigate evolving corporate policies.
Spain’s antitrust authority is on the brink of greenlighting BBVA’s acquisition of Sabadell, but not without some necessary adjustments, according to insider sources. This pivotal approval has the potential to transform the Spanish banking scene, paving the way for greater consolidation in response to mounting competitive challenges.
At Finovate Global Brazil, industry leaders gathered to dive into cutting-edge debt management solutions and the surging trend of Buy Now, Pay Later (BNPL) schemes. The event also highlighted exciting initiatives aimed at boosting Bitcoin reserves in a fast-changing financial landscape.
EY UK is dedicated to “Building a Better Working World” by delivering innovative solutions and insights that drive growth and sustainability. The firm’s commitment to collaboration empowers businesses to tackle challenges and seize opportunities in today’s dynamic landscape.
UK’s Hargreaves Lansdown announced the departure of its Chief Financial Officer, sparking speculation about future leadership changes. The decision comes as the investment platform faces evolving market challenges and seeks strategic growth.
