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Bank of America fined by US regulators over fake accounts and junk fees

The US Consumer Financial Protection Bureau (CFPB) has fined Bank of America $150 million and ordered the bank to compensate affected consumers with over...

Fiinu to scale back operations amid continued efforts to source fresh funding

UK banking start-up Fiinu is facing difficulties in securing additional funding required for its banking license application with UK regulators. As a result, the...

UnionPay connects with Cambodia’s central bank over QR code interoperability

UnionPay International (UPI), a subsidiary of China's UnionPay, has partnered with the National Bank of Cambodia to promote QR code interoperability between the two...

Grow Finance joins Pismo as its first Australian client for card issuance

Australian non-bank business lender, Grow Finance, has partnered with Pismo to issue its small business-focused Mastercard credit cards in the Australian market. This collaboration...

Mexico’s BanCoppel taps Temenos for core banking overhaul

Mexican bank BanCoppel, part of Grupo Coppel, has chosen Temenos to implement its core banking platform, aiming to enhance its operations and provide a...

Norway’s SPK selects Mambu and Knowit to support its upcoming housing loan solution

The Norwegian Public Service Pension Fund (SPK) has partnered with Mambu and Knowit to modernize its housing loan solution. The collaboration aims to develop...

Solaris raises €38m in funding to strengthen governance and compliance

European embedded finance platform Solaris has raised €38 million in Series F funding to strengthen its governance and compliance. The funding will support the...

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