Banking

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents nationwide.Cybercriminals exploit vulnerabilities in ATM systems.Banks urged to enhance security measures...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...

Figure Technology Data Breach Affects Nearly 1 Million Accounts

Customers urged to monitor their accounts after significant data exposure.Highlights: Figure Technology experiences a major data breach.Approximately 1...
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Chime acquires employee rewards start-up Salt Labs

Acquisition Details: US neobank Chime has acquired employee rewards start-up Salt Labs for an undisclosed amount to strengthen its new enterprise division. Leadership:...

Canadian fintech start-up Hardbacon closes down

Company Overview: Hardbacon, a Canadian personal finance fintech based in Montreal, has shut down after seven years of operation. The company offered a...

Mastercard to pilot Payment Passkey Service in India

New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India. Participants: The pilot involves major online merchants...

Crown Agents Bank partners Visa to power cross-border payments in emerging markets

Partnership Overview: Crown Agents Bank (CAB) has partnered with Visa to enhance cross-border payment services for clients in emerging markets, focusing on improving...

Allica Bank grows bridging finance offering with Tuscan Capital acquisition

Acquisition Announcement: Allica Bank has acquired bridging lender Tuscan Capital from Quilam Capital for an undisclosed sum. Expansion into Bridging Finance: The acquisition...

Wealthtech start-up Propelle prepares for late September launch

Launch Date: Propelle, a London-based investment platform for women, is set to launch on September 25. Founder: Established by Ayesha Ofori, a former...

Migrant-focused fintech Comun lands $21.5m Series A

Funding Round: Comun, a US-based fintech serving Latino migrants, has secured $21.5 million in Series A funding led by Redpoint Ventures, with additional...

New UK climate fintech Zero gears up for end-of-year launch

Launch Timeline: Zero, a climate-focused fintech based in Cardiff, Wales, plans to launch its full range of financial services by the end of...

Leeds Credit Union partners LendingMetrics and Singlify for new loan decisioning platform

New Platform Introduction: Leeds Credit Union is launching a new loan decisioning platform in collaboration with LendingMetrics and Singlify. Technology Partners:LendingMetrics: Will...
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