Business

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns over misinformation and manipulation in finance grow.New collaborative measures aim to...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...
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US paytech Kindcard eyes up OpenTransact acquisition

Kindcard, a Florida-based closed-loop payment solutions provider, intends to acquire OpenTransact, a self-serve banking platform based in New York. OpenTransact, founded in 2010,...

Blackstone set to acquire majority stake in Japan’s Sony Payment Services

Blackstone, a global alternative asset manager, is acquiring a majority stake in Sony Payment Services Inc. (SPSV) from Sony Bank. This marks Blackstone's...

Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment

Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment. The investment...

Circle secures conditional DASP registration in France, appoints new country head

Circle secures conditional DASP registration from French Financial Markets Authority (AMF). Coralie Billmann appointed as head of French operations, pending regulatory approval. Billmann,...

Former Starling Bank exec Helen Bierton to lead everyday banking for Lloyds

New Role at Lloyds: Helen Bierton, former Starling Bank executive, has joined Lloyds Banking Group as the director of everyday banking. Role Overview: In her...

Blue Federal Credit Union partners Cotribute for digital account opening platform

Blue Federal Credit Union partners with Cotribute for digital account opening. Aiming to simplify the account opening process and boost membership growth (currently...

UK fintech Bumper raises $48m in Series B funding round

Funding News: Bumper, a car repair fintech, secures $48 million in Series B funding. Services Offered: Bumper enables flexible payments for car repairs,...

Form3 strengthens board with appointment of Anil Arora as non-executive director

UK paytech firm Form3 appoints Anil Arora as an independent non-executive director. Arora brings "significant experience" in founding and scaling fintech companies, expertise...

SellersFi closes $300 million credit facility with Citi and Fasanara Capital

SellersFi, a global fintech startup, closed a new US credit facility with Citi and Fasanara Capital for $135MM, potentially expanding to $300M. Citi...
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