Banking

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The fine addresses issues with customer verification processes.Revolut has pledged to improve...

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...

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...
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Billtrust: Upgrades business payments network

Billtrust makes it easier for B2B companies to get paid the leading innovator in AR automation for nearly two decades and continue accelerating Announced...

Blackhawk Network: Names Cory Gaines chief product officer

Blackhawk Network delivers payment solutions through prepaid products, technologies, and network that connect brands and people Announced product management and payments executive, Cory...

Tradeteq: Hires Lenna Russ as chief revenue officer

Tradeteq’s open marketplace allows banks and financial institutions to connect, interact and transact UK-based Tradeteq announced the appointment of Lenna Russ as the company’s...

ADIB: Partners with FIS to Provide Instant Payments Experience to its Customers

ADIB a leading financial institution partnered with FIS, a leading global provider of technology solutions Partnership to modernize its digital payment services and...

S&P Global & IHS Markit: Provide Update on their Pending Merger

S&P Global the world's foremost provider of credit ratings, benchmarks, and analytics in the global capital and commodity markets IHS Markit a world...

FIX: Sets its sights on digital asset trading

FIX Trading Community the non-profit, industry-driven standards body at the heart of global trading Global DCA a global self-regulatory association for the digital...

ABN Amro: Offers businesses solution for growing payment delays

Many businesses are having to wait longer for payments from other companies because of the coronavirus crisis ABN AMRO offering a new service...

HSBC UK: Announced increase gambling block feature to 72-hours

HSBC UK and first direct announced an increased cooling-off period to their gambling block feature, from 24 hours to 72 hours The self-restriction...

Kazakhstan central bank: Opens consultation on digital currency issuance

The National Bank of the Republic of Kazakhstan the central bank of Kazakhstan and presents the upper (first) tier of the banking system of Kazakhstan ...
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