Payments

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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Moment Raises $36 Million to Revolutionize Fixed Income Automation

Discover how Moment's innovative technology is set to transform the fixed income trading landscape.Highlights: Moment secures $36 million in funding to enhance fixed income...

Ripple Selects BNY Mellon for Custody of Its Stablecoin Assets

A Strategic Partnership to Enhance Digital Asset Management and Custody ServicesHighlights: Ripple has chosen BNY Mellon to provide custody for its new stablecoin assets.The...

Bank of England Fines VocaLink for Compliance Failures

Exploring the Implications of Regulatory Actions on Financial InstitutionsHighlights: The Bank of England imposed a fine on VocaLink for severe compliance shortcomings.VocaLink's failures relate...

Clarity AI Acquires Ecolytiq to Enhance Sustainability Fintech

A Strategic Move to Strengthen Sustainable Investment Solutions in FintechHighlights: Clarity AI expands its offerings by acquiring Ecolytiq, a notable player in sustainability fintech.The...

Novata Announces Collaboration with Microsoft to Scale Sustainability Solutions for SMEs Globally

Novata and Microsoft partner to deliver advanced data tools and ESG solutions that empower small and medium enterprises worldwide to accelerate sustainability goals. Highlights: Novata...

Revolut Lets Customers Send Money to China via Alipay Integration

Revolut expands cross-border payments by allowing users to send money directly to China through Alipay, offering faster and more convenient transfers. Highlights: Revolut has launched...

AusPayNet and AP+ Launch Consultation on the Future of Australian A2A Payments

AusPayNet and Australian Payments Plus begin public consultation to shape the next phase of account-to-account (A2A) payments and drive innovation across Australia’s payment ecosystem. Highlights:...

Ziglu Enters Administration: What It Means for Customers and Crypto

Understanding the Implications for Users Amidst Financial TurmoilHighlights: Ziglu has officially entered administration, affecting its operations in the cryptocurrency sector.Customers of Ziglu are facing...

Lloyds Launches Innovative Two-Month Data and AI Summer School for Employees

Empowering Workforce through Extensive Training in Data Science and Artificial IntelligenceHighlights: Lloyds is initiating a summer school program focused on data science and AI...
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