FinTech Futures: Top five news stories of the week – 26 July 2024
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
Allica Bank’s Mitch Trehan discusses the key drivers behind the bank’s latest revenue growth.
In this podcast episode, we chat with George Maddaloni, CTO of Operations at payments giant Mastercard.
Green Dot has been anticipating the arrival of the consent order since February.
The fees associated with payday advances must be accompanied by the appropriate consumer disclosures.
Our pick of the top fintech news stories this week includes HSBC, Stripe, the FCA and more.
The OCC and the Federal Reserve Board have fined Citigroup $75 million and $60.6 million, respectively.
Cover story: MONEY TALKS – Cash still playing an important role in society.
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
Silvergate announced it was winding down crypto-focused Silvergate Bank in March 2023.
The consent order, effective 21 May, mandates Thread Bank to enhance its oversight of its BaaS programme.
How can financial institutions strike a balance between speed and safety with instant payments?
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
The investment brings the total raised by Norm Ai over the past 11 months to $38 million.
In this podcast episode, we chat with Zac Maufe, Head of Regulated Industries at Google Cloud.
Our pick of the top fintech news stories this week includes Sainsbury’s, Viva Wallet, Laybuy and more.
Fintech founders discuss a decade of shifting perspectives and practices.
Arash Izadpanah will transition from CEO to chief risk officer.
Use cases, pathways and challenges to implementation, and the evolving regulatory frameworks.
Moldindconbank is to leverage the vendor’s open banking compliance solution.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Robinhood set to leverage Bitstamp’s 50+ global licenses to fuel its planned expansion.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
Cyprus has emerged as a thriving tech hub over the past decade.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The OCC has ordered the bank to create a compliance committee as part of the action.
FinTech Futures speaks with FinVolution about how the financial sector can tackle the threat of deepfakes.
BNPL firms will now be required to investigate disputes, refund returned products and provide billing statements.
Mercado Pago GM Pedro Rivas says the firm’s ambition is to become “the largest 100% digital bank in Mexico”.
The total penalty consists of a £33,880,000 fine from the PRA and a £27,766,200 fine from the FCA.
Industry leaders convened in San Francisco on Tuesday to kick off FinovateSpring 2024.
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
Our pick of the top fintech news stories this week includes BBVA, Deutsche Bank, Lemonway and more.
Through this acquisition, Cube aims to “set a new bar for the industry in regulatory automation”.
In this episode of the podcast, we’re joined by Bivu Das, UK Managing Director at Kraken.
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
There is a huge sense of urgency, commitment and purpose behind fintech in the UAE.
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
Europe must harness the full potential of the digital revolution for the continent’s unbanked.
The bank was previously hit with a $348 million fine from the OCC and FRB in March.