Banking

JP Morgan Chase has struck a deal worth almost £700m with British digital wealth manager Nutmeg as part of the US bank’s expansion into the UK retail banking and investment market. The takeover will generate a windfall for the more...

After six months of testing with a selected group of users, BBVA Switzerland makes its first crypto-asset trading and custody service available to all its private banking clients. The new service is available only in Switzerland and will start operating...

Deutsche Bank and Oracle announced a multi-year collaboration to modernize its database technology and accelerate the bank’s digital transformation. The agreement will see Deutsche Bank upgrade its existing database systems and migrate the bulk of its Oracle Database estate to...

Visa announced a global strategic partnership with Goldman Sachs Transaction Banking to help businesses – large to small – move money effortlessly around the world. Through its implementation of Visa B2B Connect and Visa Direct Payouts solutions, Goldman Sachs will...

HSBC USA announces the launch of a multi-currency digital wallet that enables businesses to make international payments simply and securely. HSBC Global Wallet is the first multi-currency offering by a U.S. bank that removes the need to use third-party providers...

Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Jose Fernandez da Ponte, Paypal’s...

Atomic, the market leader in payroll APIs for direct deposit acquisition, and Welcome Tech, the largest financial services platform for the multigenerational immigrant community, today announced a partnership that extends financial services available to millions in the Hispanic community, a...