US Federal Reserve “nowhere near recommending, let alone adopting” a CBDC, chairman tells Congress
Fed chairman Jerome Powell tells Congress that “people don’t need to worry”.
Fed chairman Jerome Powell tells Congress that “people don’t need to worry”.
Fiuu will now operate independently of Razer, providing payment services for businesses in Southeast Asia.
AI tech is reducing the likelihood that any of us will soon talk to a live customer support agent.
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
The new CPO will head product design and team development for the Texas-based fintech.
Founders from The Heard, ATMO Technologies and the Harrington Starr Group share their thoughts.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The new limit is poised to save US consumers more than $14 billion a year.
NYCB has also made several high-profile appointments to its board of directors.
In Q4 2023, the LA-based neobank generated a GAAP net income of $200,000 and EBITDA of $10 million.
The partnership will see Clearwater leverage Cotribute’s consumer and business digital account opening modules.
According to a recent Reuters report, final bids for a potential takeover are due to arrive in the coming weeks.
Dougherty will oversee the firm’s go-to-market operations, including sales, marketing, and partnerships.
The acquisition sees Ziff take control of the start-up’s flagship lending platform, Adelanta.
Deel says it has also surpassed $500 million in annual recurring revenue since its inception in 2019.
The firm will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution.
Going forward into 2024, Synctera plans to launch its new payment product SyncteraPay.
PayPal Complete Payments launches this week to online sellers in 22 markets worldwide.
The 62-year-old credit union has around 12,500 members across California’s Antelope Valley region.
PensionBee is partnering with an unnamed US financial institution to enter the US market.
The pivot comes a year after the firm completed a $40 million Series C fundraising round.
A new cartoon illustrating the dominate position of incumbents in the financial services industry.
The fintech intends to leverage the debt financing to extend its lines of credit to the underserved.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
The Allpoint Network currently supports around 40,000 ATMs across the United States.
Green Dot says the consent order relates “principally to various aspects of compliance risk management”.
Sundt succeeds Chris Staymates, who will return to his role as Stax’s chief innovation officer.
The merger between Webull and SK Growth Opportunities is due to close in H2 2024.
Northern Trust will leverage Finbourne’s LUSID and Luminesce offerings.
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
Delaney will report to Matthew McCormack, who leads the bank’s Information Security Division.
The recent round adds to the company’s $12.7 million Series A funding raised in 2022.
Quaint Oak aims to realise its modernisation ambitions by leveraging Finzly’s Payment Galaxy platform.
Vencora now owns 99.07% of Crealogix’s issued share capital and voting rights.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Capital One, Toast, Xalts and more.
The bank has opted to leverage Temenos Transact and Temenos Infinity for its digital upgrade.