Banking
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
FactsChallenger bank...
Banking
US credit union associations CUNA and NAFCU announce merger to form America’s Credit Unions
The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) are set to merge and create "America’s Credit Unions,"...
Banking
MSUFCU partners Nymbus for SMB “bank in a box” solution
Michigan State University Federal Credit Union (MSUFCU) has partnered with financial infrastructure provider Nymbus to offer digital tools for credit unions to serve the...
Banking
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
Banking
Banking veteran Paco Ybarra to depart Citigroup after 36 years
Banking veteran Paco Ybarra, CEO of Citigroup's institutional clients group (ICG), will step down in the first half of 2024, ending his 36-year career...
Banking
First Federal Savings & Loan of San Rafael boosts digital transformation with Bankjoy partnership
First Federal Savings & Loan of San Rafael partners with Bankjoy, a Detroit-based fintech, to enhance its digital banking capabilities, offering a wider range...
Banking
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
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