News - Page 8

Harrington Starr, a financial technology recruitment firm, is hosting an event on International Women’s Day to address the barriers women face in the fintech industry. The event will take place on March

TLDR: Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will allow Hong Kong and Macau homebuyers to transfer the funds needed to purchase property in

Fed Chair on Silicon Valley Bank and regulations – CBS News TLDR: The Federal Reserve is working on regulations to prevent failures like Silicon Valley Bank, according to chairman Jerome Powell in

TLDR: Hong Kong banks are offering a range of incentives to attract new clients and depositors for the Lunar New Year. HSBC is hosting fireworks dinners and horse racing events for select

TLDR: Singapore billionaire banker and property developer Wee Cho Yaw died at the age of 95. Under Wee Cho Yaw’s leadership, United Overseas Bank (UOB) grew from one branch to a regional

TLDR: The fintech sector is beginning to see signs of recovery after a turbulent period. Eight key themes will power the comeback of fintech in 2024, including: Consolidation within the neobank and

TLDR: Solvay Bank, based in Onondaga County, New York, is expanding its territory to include the Mohawk Valley region. The bank sees the region’s demographics and small-business climate as similar to its

TLDR: Mastercard has launched Decision Intelligence Pro (DI Pro), a Gen AI-powered transaction risk assessment tool designed to protect consumers from fraud. DI Pro assesses the relationships between multiple entities surrounding a

TLDR: A former city official has been sentenced to 18 months in prison for his role in concealing a multimillion-dollar embezzlement scheme that led to the collapse of Washington Federal Bank for

Tradewind Finance has announced funding for two new clients within the apparel and textile market. The company has provided a €3m credit facility for a German company trading in polyester fibers and