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Promise aims to bring financial flexibility to outdated utility payment systems

Promise aims to bring financial flexibility to outdated utility payment systems

Since the pandemic, financial problems have grown for people. Also, the payment of utility bills, taxes, and other governmentfees do not have many flexible options. Promise aims to help people by... Read more

PayPal aims to expand its cryptocurrency-based offerings in the US

PayPal aims to expand its cryptocurrency-based offerings in the US

American company PayPal Holdings, Inc. that operates an online payments system across the globe that supports online money transfers has recently shown an interest in cryptocurrency. Over the past qua... Read more

US-based M&T Bank acquires People's United to become the 11th largest bank in the US

US-based M&T Bank acquires People's United to become the 11th largest bank in the US

M&T Bank Corporation, an American bank holding company, has stated that it has reached an agreement to acquire Connecticut-based People's United Financial Inc. for $7.6 billion in an all-stock tra... Read more

HSBC set to withdraw from U.S. retail banking, reshuffles top jobs

HSBC set to withdraw from U.S. retail banking, reshuffles top jobs

HSBC bank is looking to soon exit from U.S. retail banking. It is the largest bank in Europe but has been underperforming in the U.S. The exit from the U.S. consumer business is part of the banks, str... Read more

The banking industry is now taking on a global approach to recover from fading hopes of EU market access

The banking industry is now taking on a global approach to recover from fading hopes of EU market access

The European Union (EU) and United Kingdom (UK) are now gearing up to sign a co-operation agreement for the financial services instead of signing a trade deal. This means that the new agreement will n... Read more

Bud gathers $20M to become the world's largest Open Banking team

Bud gathers $20M to become the world's largest Open Banking team

Bud, a U.K. Fintech, has closed over $20 million in funding to support its goal of connecting banks, via their apps and services, to different fintech corporations and monetary service suppliers.... Read more

Cleo, unlike other banking apps, warns you of your spending

Cleo, unlike other banking apps, warns you of your spending

A note to the investors willing to sink money into a well-performing start-up project, here is Cleo. Cleo, the London-based “digital assistant” software developed to replace the banking ap... Read more