FinTech

Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition

The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The acquisition price for Nets was $3.2 billion.This divestment is part of...

Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion

The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally...

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,...

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...

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...
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UK fintech Fnality raises £77.7m in Goldman Sachs and BNP Paribas-led Series B

Fnality, a UK-based blockchain payments firm, secures £77.7 million in a Series B funding round led by Goldman Sachs and BNP Paribas. Series...

Saudi Awwal Bank taps Mastercard to fight financial crime with AI

Partnership Expansion: Saudi Awwal Bank (SAB) expands partnership with Mastercard to enhance its financial risk assessment using AI. Technology Adoption: SAB is adopting...

FinTech Wales seeks new CEO as Sarah Williams-Gardener transitions to chair

Leadership Transition:Sarah Williams-Gardener, FinTech Wales’ CEO for three years, is resigning to become the chair of the member association. Effective January 2024,...

Global enforcement fines rise to $5.65bn in Q3 2023

Global enforcement fines rose to $5.65 billion in Q3 2023, marking a 30% increase from the year's start. Q1 and Q2 fines were...

Co-branded credit card fintech Imprint lands $75m in Series B funding

Imprint, a New York-based fintech start-up, raised $75 million in a Series B round led by Ribbit Capital. Kleiner Perkins, the lead investor...

FinTech Founders Video: building a versatile team – how to get the best out of your employees

Cookies Preference CenterWhen you visit a website, it may store information in the form of cookies on your browser. This information is...

Landsbankinn partners Meniga to launch open banking-powered PIS and AIS services

Landsbankinn, Iceland’s largest bank, partners with UK-based Meniga for open banking services. Introduces Payment Initiation Services (PIS) and Aggregation Services (AIS) through the...

RTGS.global signs pilot agreements for settlement service with three new banks

RTGS.global, a cross-border settlement fintech, enters pilot agreements with three new banks. The banks involved are Alif Bank and Bank Arvand from Tajikistan,...

Demystify Podcast: Demystifying embedded banking success with Chris Dean and Chris Tremont

This week on the podcast: Dave and Dharm interview Chris Tremont, CDO of Grasshopper Bank, and Chris Dean, CEO of Treasury Prime. Grasshopper...
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