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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TrueLayer & Thunes: Announce partnership to offer open banking payments

TrueLayer & Thunes: Announce partnership to offer open banking paymentsTrueLayer is a global open banking platform that makes it easy for anyone to...

Liminal: Raised $4.7 million in its seed funding round led by Elevation Capital

Liminal: Raised $4.7 million in its seed funding round led by Elevation CapitalLiminal is a boutique strategy advisory firm serving digital identity, fintech,...

BIS: Tao Zhang joins as Chief Representative for Asia and the Pacific

BIS: Tao Zhang joins as Chief Representative for Asia and the PacificBIS announced that Tao Zhang will join the Bank as Chief Representative...

Moca: Appoints former Visa exec Shawn Sinner as president and chief revenue officer

Moca: Appoints former Visa exec Shawn Sinner as president and chief revenue officerMOCA is a fintech company founded and managed by a community...

EntreBank: Signs for CSI NuPoint core

EntreBank: Signs for CSI NuPoint coreEntreBank, the first Minnesota-based de novo bank Selected Computer Services, Inc.’s NuPoint core platform as the foundation of...

Xpate: Announced the launch of its disruptive core banking solution

Xpate: Announced the launch of its disruptive core banking solutionXpate is the payments platform that prioritizes simplicity, speed, and user experience Announced the...

SGTraDex: Launches digital data exchange to tackle supply chain inefficiencies

SGTraDex: Launches digital data exchange to tackle supply chain inefficienciesSGTraDex is a digital infrastructure that facilitates the sharing of data between supply chain ecosystem...

Nexi: Confirms acquisition of BPER merchant payments business

Nexi: Confirms acquisition of BPER merchant payments businessNexi informs that entered into a long‐term strategic partnership with BPER Banca S.p.A. and Banco di...

Managed App: Raises $5.3 million, looks to double users in a year

Managed App: Raises $5.3 million, looks to double users in a yearManaged App is Australia’s leading property management & investment platform Raised $5.3...
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