Banking

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after a hack.The platform is working with security experts to assess the...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...
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FIS: Launches Guaranteed Payments for e-commerce merchants

FIS: Launches Guaranteed Payments for e-commerce merchantsFIS is a leading provider of technology solutions for financial institutions and businesses of all sizes Signifyd...

4Trans: Raises €18m in equity and debt

4Trans: Raises €18m in equity and debt4Trans provides the fastest financing solution in the market to underserved businesses in logistics Secured an €18...

Airwallex: Launches global payment services in New Zealand

Airwallex: Launches global payment services in New ZealandAirwallex is a global payments platform with a mission to empower businesses of all sizes to...

Five Degrees: Teams up with Salt Edge

Five Degrees: Teams up with Salt EdgeFive Degrees is a cloud-native core banking technology provider that supports real banks to meet today's standards ...

ANZ: Completes first A$DC stablecoin transaction

ANZ: Completes first A$DC stablecoin transactionANZ has a proud heritage of more than 180 years purpose is to shape a world where people...

StellarFi: Announces Partnership with National Foundation for Credit Counseling

StellarFi: Announces Partnership with National Foundation for Credit CounselingStellarFi is on a mission to disrupt the U.S. poverty cycle by opening access to...

DTCC: Report Hub community grows to over 70 firms

DTCC: Report Hub community grows to over 70 firmsDTCC is the premier post-trade market infrastructure for the global financial services industry Announced that...

Franklin Templeton: Selects startups for inaugural fintech accelerator

Franklin Templeton: Selects startups for inaugural fintech acceleratorFranklin Templeton, one of the world's largest independent asset managers Officially opened its first Asian FinTech...

Sales Boomerang & Mortgage Coach: Announced their merger

Sales Boomerang & Mortgage Coach: Announced their mergerSales Boomerang’s groundbreaking automated borrower intelligence system notifies mortgage lenders when a customer Announced their merger and...
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