FinTech

FinTech

US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025

The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025, according to the FTC.Fraud affects millions, raising concerns over financial security.Improved...
FinTech

EU, UK, and Switzerland Strengthen T1 Testing Plan for 2027 Transition

Three regions collaborate on testing ahead of joint financial move.Highlights: EU, UK, and Switzerland announce T1 testing plan.Collaboration...
FinTech

NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration

New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite...
FinTech

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...
FinTech

NatWest Strengthens Mortgage Offerings with Pexa Digital Platform

Banking giant NatWest implements Pexa platform for streamlined digital mortgages.Highlights: NatWest integrates Pexa's platform for digital mortgages.The initiative...
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Klarna prepares for SEPA instant payments with Form3 partnership

Banking Laura M Laura M -
Klarna, a Buy Now, Pay Later (BNPL) firm, has partnered with UK paytech Form3 for payment connectivity in the Single Euro Payment Area...

Checkout.com appoints Mariano Albera as new chief technology officer

Banking Laura M Laura M -
Global payments solution provider Checkout.com appoints Mariano Albera as its new Chief Technology Officer (CTO). Albera, with over 20 years of experience, previously...

BNF Bank chooses Aspire Systems as strategic partner for implementing cutting-edge Temenos digital banking solutions

Banking Laura M Laura M -
Aspire Systems, a global tech services company, partners with BNF Bank for a transformative journey using Temenos digital banking solutions. BNF Bank's choice...

Google parent company Alphabet in talks to seize major stake in UK challenger Monzo

Banking Laura M Laura M -
Investment by Alphabet:Alphabet, the parent company of Google, is set to acquire a significant stake in the digital retail bank Monzo. Alphabet...

US challenger HMBradley winds down consumer business, eyes B2B space

Banking Laura M Laura M -
Business Pivot: HMBradley, a US digital banking platform, is closing its consumer business and shifting focus to B2B. Foundation and Mission: Founded in 2018 in...

US credit card fintech Petal reportedly eyeing potential sale

Banking Laura M Laura M -
Petal, a New York-based credit card start-up, is seeking a buyer. The company is exploring a potential sale, and sources suggest it may...

Scottish challenger Alba Bank taps nCino to power SME lending

Banking Laura M Laura M -
Scottish challenger Alba Bank selects nCino's cloud banking platform for SME lending in the UK. Integrated into its core banking engine (provided by...

Jordan Ahli Bank taps Fintech Galaxy to comply with open banking standards

Banking Laura M Laura M -
Partnership Announcement: Jordan Ahli Bank has partnered with Fintech Galaxy to utilize its Finx platform for open banking and open finance compliance. Data...

French digital accounting start-up Indy lands €40m Series C funding

Banking Laura M Laura M -
Funding Round:French fintech start-up Indy secures €40 million ($44 million) in Series C funding. BlackFin Capital Partners leads the funding round, with...
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