Banking
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Ripple: Acquires 40% Stake in Asia’s Leading Cross-Border Payments Specialist Tranglo
Tranglo a global cross-border payment processing hub that supports business payments, mass payout, payment collection
Ripple provides one frictionless experience to send money globally...
Meniga: Announced a new partnership with Visa
Meniga, the global leader in digital banking and personal finance solutions
Visa the world’s largest retail payment network to accelerate its expansion within...
Santander: Joins Net Zero Asset Managers initiative
Banco Santander leading retail and commercial bank founded in 1857 and headquartered in Spain
Santander Asset Management joined the global Net Zero Asset Managers...
NYMBUS: Introduced a new Credit Union Service Organization Nymbus CUSO
Nymbus enables banks and credit unions of any size to grow and attract new market segments by delivering a full suite of banking...
Emirates NBD: Reports steep increase in contactless payments
Emirates NBD a leading banking Group in the region. As of 31st December 2020, total assets were AED 698 Billion
As consumers and...
Duco: Announces the release of its new cloud-based data preparation product
Duco enables financial services firms to control complex data using light-touch, self-service technology
Announces the release of its new cloud-based data preparation product,...
First Internet Bank: Joins FedNow Service pilot
First Internet Bank announced its participation in a pilot program for the FedNow Service, the Federal Reserve’s instant payments network
This collaboration further...
Refinitiv: Launches next-generation intelligent Content Management capability
Refinitiv, an LSEG business one of the world’s largest providers of financial markets data and infrastructure
Announced the launch of House Views and...
FCA: Grants Authorised Payments Institution License to Trust Payments
Trust Payments group power the online payments of some of the world’s most well-established companies
In 2020, Trust Payments went through rapid expansion,...

