Banking
Mastercard-botim Money Partnership Expands Global Transfers
Mastercard and botim Money have announced a partnership to increase access to quick and secure cross-border money transfers. The Mastercard-botim money partnership lets users send money from the UAE to over 150 countries directly inside the botim app.
botim money...
Cards & Payments
Ripple UK FCA Approvals Expand Cross-Border Payment Services
Ripple has secured new regulatory approvals in the UK, receiving both an Electronic Money Institution licence and a Cryptoasset Registration from the Financial Conduct Authority. The Ripple UK FCA approvals enable the company to expand its payment services for...
Asset Management
HSBC UAE Asset Management Unit Launches 10 Onshore Funds
HSBC has registered ten new investment funds with the Securities and Commodities Authority of the United Arab Emirates and started its onshore asset management business there. The action is a major step toward HSBC UAE asset management's growth under...
Banking
Bank of America Wants Wealth Management Clients to Opt Crypto
One of the largest financial institutions in the world, Bank of America, wants its wealth management clients to take into consideration digital assets exposure.
Starting in 2026, the investment strategies at Bank of America’s Merrill, Bank of America Private Bank as...
Cards & Payments
Extend Widens its Spend Management Platform to All Cards
Extend has widened its expense and spend management platform in order to support virtually any credit card throughout the three major card networks. It is a move that is targeted at giving small & mid-sized businesses - SMBs much greater...
Asset Management
Goldman Sachs To Acquire Innovator Capital for Almost $2bn
Goldman Sachs to acquire Innovator Capital Management, which is a provider of defined outcome exchange-traded funds - ETFs, in a transaction that is worth almost $2bn.
It is well to be noted that Innovator at present goes on to manage 159...
Asset Management
Nomura, OpenAI Collab on Asset Management Advancement
Nomura has inked a strategic collaboration agreement with OpenAI in order to focus on asset management advancement.
As per the collaboration, Nomura is going to execute OpenAI Deep Research and also make use of its strategic as well as technical...
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