CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...
ICYMI fintech funding round-up: Safty, Ozone API, WealthKernel and Karty
Safty Raises €11.3 MillionDanish fintech Safty secures €11.3 million in an investment round led by Upfin.
The investment includes participation from experienced...
Kurdistan International Islamic Bank taps Azentio for iMAL core banking platform
Partnership Kickstarted:Kurdistan International Islamic Bank (KIB) in Iraq has initiated a digital overhaul by partnering with Azentio Software, a technology firm based...
Duco names Michael Chin as new CEO as Christian Nentwich steps down
Duco's New CEO: Michael Chin has been appointed as the new CEO of data automation firm Duco, effective from January 23, 2024.
Leadership...
Former Adyen exec Jan-Pieter Lips joins UK’s DNA Payments as CEO
Leadership Change: Former Adyen executive Jan-Pieter Lips was appointed as the new CEO of DNA Payments, a payments processing firm based in the...
Navy Federal Credit Union taps Oracle for cloud and account servicing tech overhaul
Navy Federal Credit Union (NFCU), the largest retail credit union in the US, has partnered with Oracle for cloud and account servicing technology.
...
ModernFi lands $18.7m Series A funding to boost deposit network expansion
Funding News: ModernFi, a US fintech, secures $18.7 million in Series A funding round.
Investors: Canapi Ventures leads the round, joined by Andreessen...
US fintech Brex to axe 20% of workforce
Brex, a US-based expense management platform, is cutting 282 jobs, approximately 20% of its total workforce, in a restructuring effort.
Founder and co-CEO...
Former Sutton Bank exec Glenn Murray joins start-up Evolution 2100 as chief strategy officer
Glenn Murray leaves VP role at Sutton Bank to become Chief Strategy Officer at Evolution 2100.
Evolution 2100, a financial advocacy platform, aims...
