December, 2024

December, 2024

Nordic Challenger Bank Lunar Launches Standalone Enterprise Payments Division
Lunar, the Nordic challenger bank, is taking a step to redefine payments for enterprises by over time transitioning its Banking Services division into a new standalone entity within Lunar Group: Moonr...

Crypto.com Announces Acquisition of Orion Principals Limited to Support Financial Product Expansion
Crypto.com has announced a further acceleration of its plan to offer traditional financial services products with the acquisition of Orion Principals Limited, which is reportedly regulated by the Abu ...

Cross River Bank CEO Says David Sacks’ Nomination as ‘AI & Crypto Czar’ Could Be Key to Enabling Innovation
Cross River CEO Gilles Gade has applauded David Sacks’ nomination, calling it a win for Fintech, crypto, and AI regulation. Gilles Gade, Founder and CEO at Cross River Bank, noted that David Sacks�...

Over 4% of US Attempted E-Commerce Transactions Between Thanksgiving and Cyber Monday Suspected to be Fraudulent – Report
As consumers took advantage of Black Friday and Cyber Monday deals, analysis from TransUnion (NYSE: TRU) found that 4.6% of attempted ecommerce transactions globally were suspected to be Digital Fraud...

Alternative Investments Increasingly Being Adopted By Financial Advisors – Research Study
Five in 10 advisors surveyed now reportedly allocate more than 10% of client portfolios to alternative investments, with nine in 10 or 90% planning to boost allocations over next two years, according ...

Apollo Teams Up with Santander on $370M Infrastructure Portfolio Financing
Apollo (NYSE: APO) and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. The transaction was led b...

Payments Canada Reveals its Public Consultation Supports Proposed Improvements to Bill Payment Framework
Earlier this year, Payments Canada reportedly conducted a public consultation on proposed changes to Rule H6, which provides the framework for processing bill payment remittances via the Automated Cle...

CIMB Cancels Digital Banking Pursuit in the Philippines
CIMB Bank Philippines will not seek a digital banking license from the Bangko Sentral ng Pilipinas (BSP), opting instead to enhance its digital banking capabilities using its existing commercial banki...

Marathon Digital Spends $1.1 Billion on Bitcoin, Following Purchasing Trends
Marathon Digital Holdings (MARA) purchased 11,774 Bitcoin, spending around $1.1 billion. This purchase signifies a further commitment to the firm’s extended strategy of BTC purchases. It joins f...

Hackers are posing as job recruiters to spread a dangerous banking trojan and steal your money — don’t fall for this
Hackers have begun impersonating recruiters and HR representatives to distribute a new version of the Antidot banking trojan to unsuspecting job seekers....

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B&T Television

December