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The buy now, pay later specialist Klarna AB said early Monday it has submitted applications with U.S. regulators to start an industrial bank called Klarna Bank USA. The company’s applications, filed with the Federal Deposit Insurance Corp. as well as the Utah Department of Financial Institutions, follow its move toward banking in other markets. It has owned…

Citi strengthened its position as one of the world’s leading Islamic finance institutions in 2025, combining scale, product expertise and international distribution capabilities to maintain its role at the centre of the global sukuk market. Building on more than four decades of experience in Islamic finance, the bank continued to invest in its franchise while…

Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective immediately. The executive’s departure from the board of the prominent ride-hailing and delivery network prompted a swift market reaction, with Grab’s shares declining by about 3% during Monday’s trading session….

Standard Chartered has appointed João Galvão as head of trade sales, transaction banking, for the Americas. Galvão joins from Deutsche Bank, where he has spent the last 15 years, most recently as head of trade finance structuring, Americas. Based in New York, in his new position he will report to Bharat Padmanabhan, the bank’s global…

The best online banks provide a good balance of high APYs, low fees, and reasonable minimum requirements. We have analyzed the offerings from countless online banks available nationwide to identify some of the best choices. Below, you can find detailed information about why we selected each institution, the advantages and disadvantages they offer, and access…

  ARLINGTON, Va. – June 19, 2026 – PRLog — L-Tron is pleased to announce its upcoming attendance at the American Association of Motor Vehicle Administrators (AAMVA) Mobile Driver’s License Relying Parties Showcase on July 1 at the organization’s headquarters in Arlington, VA. A one-day event scheduled to take place from 8:15 AM to 6:00…

As World Cup spending surges, BofA’s year-long merchant preparation is paying off. Exorbitant ticket prices be damned. Die-hard soccer fans are flocking to host cities across the U.S., Canada, and Mexico for the first tri-nation tournament in FIFA history. And they are proving to be exceptionally big spenders. The Bank of America Institute — the…

OpenAI confidentially filed IPO papers with the SEC yesterday, setting the stage for yet another massive tech company float later in the year. You can read OpenAI’s statement here. It’s very short. Here is the entire thing, verbatim: “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We…