Banking

FCA Sues Crypto Exchange HTX Over Illegal Promotions

Regulatory action targets HTX for unauthorized promotional activities.Highlights: FCA files lawsuit against HTX for illegal promotions.HTX accused of breaching financial promotion rules.The action reflects increasing scrutiny of crypto exchanges....

Betterment Data Breach Exposes 1.4 Million Accounts

Customers urged to monitor accounts following the breach incident.Highlights: Betterment reports a data breach affecting 1.4 million customer...

Amazon Launches Pay by Bank Feature in the UK

New payment method aims to enhance shopping convenience for customers.Highlights: Amazon launches Pay by Bank in the UK.Feature...

FCA Appoints KPMG to Strengthen Open Banking Consensus

U.K. regulator seeks expert guidance to shape future of open banking.Highlights: FCA appoints KPMG to aid open banking...

Nationwide Boosts Digital Signing for Mortgage Deeds

First lender to enable full online signing of mortgage documents.Highlights: Nationwide allows full digital signing of mortgage deeds.This...
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Saudi Arabia’s HyperPay acquires fintech start-up Sanad Cash

📰 HyperPay, the largest payment services provider in the MENA region, has acquired Saudi fintech start-up Sanad Cash to expand its product offerings and...

US fintech Earnest partners Nova Credit to make international student loans more accessible

US fintech Earnest has teamed up with credit bureau Nova Credit to enhance accessibility to international private student loans in the US market. Earnest...

Thredd, formerly GPS, appoints Ava Kelly as new chief product officer

Thredd, formerly known as Global Processing Services (GPS), has appointed Ava Kelly as its new Chief Product Officer (CPO). Kelly brings over 25 years...

Banque Saudi Fransi completes payment processing upgrades with TCS

Banque Saudi Fransi (BSF), headquartered in Riyadh, Saudi Arabia, has upgraded its domestic and international real-time payment processing capabilities by implementing the core banking...

FSB publishes global regulatory framework for cryptoassets

The Financial Stability Board (FSB) has published a global regulatory framework for crypto asset activities. This framework is a response to the intrinsic volatility...

Corelation signs three more credit unions for core processing

Three credit unions, Neches Federal Credit Union, IC Credit Union, and PremierOne Credit Union, have chosen Corelation's KeyStone core processor to streamline internal workflows...

Spend management platform EnKash launches Olympus solution for businesses

Indian spend management platform EnKash has launched its Olympus solution, a technology stack that automates payables and receivables for mid-market enterprises (MMEs). The solution...

FusionIQ integrates with wealth management platform Blueleaf

FusionIQ, a provider of cloud-based wealth management solutions, has integrated with Blueleaf, a platform offering reporting, billing, and client aggregation tools. This integration aims...

UK’s National Audit Office launches FCA review

The UK's National Audit Office (NAO) is conducting a review of the Financial Conduct Authority (FCA) to assess its ability to adapt to changes...
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