Business

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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Finastra & HSBC: Collaborate to bring Banking as a Service FX capability

Finastra & HSBC: Collaborate to bring Banking as a Service FX capabilityFinastra is a global provider of financial software applications and marketplaces and...

FSB: Outlines progress made on addressing financial risks from climate change

FSB: Outlines progress made on addressing financial risks from climate changeFSB is an international body that monitors and makes recommendations about the global financial...

Volt: Recruits Stuart Barclay from Trustly as VP of strategy

Volt: Recruits Stuart Barclay from Trustly as VP of strategyVolt is building the global infrastructure for real-time payments Recruited Stuart Barclay, an open...

BIAN: Appoints Industry Experts to Executive Board

BIAN: Appoints Industry Experts to Executive BoardBIAN is an independent, member-owned, not-for-profit association, designed to build and promote a common architectural framework Announces...

UnitPlus: Partners with Vodeno and Aion to launch ETF investment product

UnitPlus: Partners with Vodeno and Aion to launch ETF investment productUnitPlus offers the world's first investment account connected to the payment space Combined...

Flywire: Announces Acquisition of Cohort Go

Flywire: Announces Acquisition of Cohort GoFlywire is a global payments enablement and software company that combines proprietary global payments network Announced that it...

Bank Indonesia & RBI: Agree to expand Cooperation in payments systems

Bank Indonesia & RBI: Agree to expand Cooperation in payments systemsBank Indonesia has one single overarching objective: to establish and maintain rupiah stability ...

Mollie: Launches Technology Partner Program

Mollie: Launches Technology Partner ProgramMollie, pioneers in payments and one of Europe’s fastest-growing payment service providers Announce the launch of our new Technology...

Esma: Issues LEI positioning statement

Esma: Issues LEI positioning statementESMA is an independent EU Authority that was established in 2011. It works closely with the national competent authorities Acknowledges...
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