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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Illuminate Financial: Secures Strategic Investment from Citi

Illuminate Financial: Secures Strategic Investment from CitiIlluminate Financial is a thesis-driven venture capital firm focused on FinTech and enterprise software companies Citi, the...

Mode: Appoints new CTO to bolster leadership team

Mode: Appoints new CTO to bolster leadership teamMode's goal is to transition the world to a truly digital financial system that reduces frictions...

Adatree: Launched the world’s first Open Data marketplace

Adatree: Launched the world's first Open Data marketplaceAdatree has launched the world's first Open Data marketplace The Exchange will streamline how organisations discover...

EPCOR: Acquires Fraud Alert Service

EPCOR: Acquires Fraud Alert ServiceEPCOR is a not-for-profit payments association which provides payments expertise through education The acquisition, effective July 1, includes COCHA’s...

Ofwat: Confirms new open access competition for innovators

Ofwat: Confirms new open access competition for innovatorsOfwat’s role is to help the sector build trust and confidence with customers, the environment, and wider...

StormPay: Unveils payment offering for businesses

StormPay: Unveils payment offering for businessesStormPay has a diverse team with a common mission to remove the boundaries between finance  Announced it has...

NBX: Partners with Enfuce to launch innovative cashback payment cards

NBX: Partners with Enfuce to launch innovative cashback payment cardsNBX is regulated by the Financial Supervisory Authority of Norway, Finanstilsynet, and open to...

UOB: Launched a Green and Sustainable Deposits solution for its corporate clients

UOB: Launched a Green and Sustainable Deposits solution for its corporate clientsUOB is a leading bank in Asia with a global network of...

NPP Australia: Rolls out PayTo Solution

NPP Australia: Rolls out PayTo SolutionNPP Australia is a wholly-owned subsidiary of Australian Payments Plus and is responsible for maintaining Australian Payments Plus...
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