CFPB targets US fintech firms with proposals for increased regulatory scope
The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks.
Proposed regulations...
European regulators agree on new rules for SEPA instant payments
New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments.
Banks and PSPs offering standard euro...
Goldman Sachs reportedly seeks new issuer for General Motors credit card
Goldman Sachs Plans to Sell GM Credit Card ProgramGoldman Sachs is reportedly planning to sell its General Motors (GM) credit card program.
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Two weeks until FinTech Futures’ AI Insights networking morning
Event Details: AI Insights in FinanceLocation: Blackfriars, London
Date: November 22
Host: FinTech FuturesNetworking Event Highlights:Over 200 financial services professionals attended.
Exclusive insights...
The Bank of London names Frankie Woodhead as new chief product officer
The Bank of London appointed Frankie Woodhead as its new Chief Product Officer (CPO).
Woodhead brings 15 years of experience in business, corporate,...
Italian fintech Qomodo lands €34.5m pre-seed funding
Funding Round: Qomodo, a Milan-based startup, secures €34.5 million in a pre-seed funding round led by Fasanara Capital.
Investors: The funding includes credit...
Volante Technologies lands $66m in debt and equity funding round
Volante Technologies raises $66 million in funding led by Sixth Street Growth.
Wavecrest Growth Partners and Wells Fargo Strategic Capital also participate, bringing...
UK paytech Volt brings in former Stripe Europe CEO Matt Henderson as special advisor
Matt Henderson, a former executive at Stripe, Google, and Amazon, has been appointed as a special advisor to the board of UK paytech...
MPOWER Financing boosts lending capacity to over $300m with fresh debt funding
US-based fintech MPOWER Financing secures debt financing from Deutsche Bank, Goldman Sachs, and Värde Partners.
Financing will enhance lending capacity to over $300...
