FinTech

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access for all customers.Fines imposed for...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The...
spot_img

Mexico’s Ziff acquires digital lending start-up Arrenda

Mexico-based fintech Ziff has completed the acquisition of digital lending start-up Arrenda for an undisclosed sum. Through this deal, Ziff gains control of...

Online pension provider PensionBee announces US expansion plan

UK-based online pension provider PensionBee is set to expand into the US market through an exclusive, non-binding term sheet with an unnamed US...

Avenue Bank lands full banking licence from Australian Prudential Regulation Authority

Avenue Bank, a digital business bank based in Sydney, Australia, has received an unrestricted banking license from the Australian Prudential Regulation Authority (APRA). ...

Real-time payments platform Volt lands UK EMI licence from FCA

UK-based paytech Volt has been granted an Electronic Money Institution (EMI) licence by the Financial Conduct Authority (FCA), adding to its existing European...

VyStar Credit Union partners NCR Atleos for Allpoint ATM Network access

VyStar Credit Union, based in Florida, has chosen NCR Atleos as its ATM network partner to expand cash access for its over 900,000...

ClearBank promotes risk and compliance chief Emma Hagan to UK CEO

ClearBank, the embedded banking platform, has announced the promotion of Emma Hagan, the current chief risk and compliance officer, as the CEO of...

Mexican microlending start-up Baubap secures $120m in debt financing

Mexico-based consumer microlending platform Baubap has secured $120 million in debt financing in a pre-Series A funding round led by US fintech capital...

Pension and investment mutual Royal London appoints Peter Josse as new group COO

UK-based pension and investment mutual Royal London has appointed Peter Josse as its new Group COO. Josse, who previously worked at Barclays for...

ABN Amro partners Dutch paytech Buckaroo for merchant payment services

Dutch bank ABN Amro has chosen Buckaroo to provide online and point-of-sale merchant payment services for its retail business clients. Buckaroo will take...
spot_img