Business
FinTech
Payoneer Strengthens Its Position with US National Trust Bank Charter Application
Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US National Trust Bank Charter.The charter application aims to enhance its services...
FinTech
Stripe Achieves $159 Billion Valuation, Strengthening Market Position
The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...
FinTech
BOFE Extends CHAPS Settlement Hours for Improved Efficiency
New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...
FinTech
BNP Paribas Explores Public Blockchain for Money Market Fund Tokenisation
The bank investigates blockchain solutions for modernising fund investments.Highlights: BNP Paribas is investigating public blockchain for fund tokenisation.The...
FinTech
Stripe and PayPal Boost India’s Xflow with New Investment
Leading fintech companies back Indian payment solutions startup Xflow.Highlights: Stripe and PayPal invest in Indian startup Xflow.The investment...
ECB Commits to Distributed Ledger Technology Settlement Plans for Future Financial Infrastructure
The European Central Bank advances its digital finance agenda by backing DLT-based settlement solutions to support tokenized asset markets.
Highlights:
The European Central Bank (ECB)...
AI-Led RegTech Startup Zango Raises $4.8 Million to Revolutionize Compliance Automation
Zango secures $4.8M in seed funding to enhance its AI-powered compliance platform, aiming to streamline regulatory workflows for financial institutions.
Highlights:
Zango, an AI-driven regtech...
ECB Commits to Distributed Ledger Technology for Future Settlement Systems
The European Central Bank backs DLT integration to modernize financial market infrastructure and explore new settlement models across the eurozone.
Highlights:
The European Central Bank...
Pan-African Card Scheme Launches to Boost Regional Payment Independence
New unified card network aims to strengthen Africa’s payment sovereignty and reduce reliance on global card giants like Visa and Mastercard.
Highlights:
African central banks...
UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law
Landmark decision finds payment giants’ multilateral interchange fees unlawful, paving the way for billions in potential compensation claims.
Highlights:
The UK Competition Appeal Tribunal (CAT)...
Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses
Spendbase expands its financial platform with new digital banking services and virtual cards to help companies manage expenses more efficiently.
Highlights:
Product Expansion: Spendbase has...
FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services
FIS collaborates with Visa to empower regional and community banks with advanced digital payment capabilities and fintech solutions.
Highlights:
Strategic Collaboration: FIS and Visa have...
Kraken Granted Crypto Licence in Ireland to Boost European Operations
Leading crypto exchange Kraken secures virtual asset service provider approval in Ireland, strengthening its foothold in Europe’s digital asset market.
Highlights:
Regulatory Milestone: Kraken has...
Starling Bank Plans U.S. Bank Acquisition to Drive International Expansion
UK digital bank Starling eyes acquiring a U.S. lender as it seeks a fast track into the American financial market.
Highlights:
Strategic Ambition: Starling Bank...

