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...
spot_img

German fintech Moss taps GoCardless to power its UK push

German fintech Moss has partnered with GoCardless to facilitate its entry into the UK market. GoCardless will act as Moss's UK direct debit provider,...

BKN301 names Mahesh Paolini-Subramanya as new CTO

BKN301 Group has appointed Mahesh Paolini-Subramanya as its new Chief Technology Officer (CTO). He brings extensive experience to the role, having worked at various...

IC Credit Union selects Alkami for tech stack modernisation

Massachusetts-based IC Credit Union has selected Alkami, a digital banking solutions provider, for a comprehensive tech stack modernization. This partnership aims to enhance the...

Alexander Weber departs as CGO of German challenger N26

Alexander Weber, the Chief Growth Officer (CGO) of German challenger bank N26, is stepping down after nine years with the company. Weber has been...

Car IQ partners Visa to enable in-vehicle payments

Car IQ has partnered with Visa to enable vehicles to make direct transactions with merchants and banks in the Visa network. This collaboration aims...

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...
spot_img