Bank of America fined by US regulators over fake accounts and junk fees
The US Consumer Financial Protection Bureau (CFPB) has fined Bank of America $150 million and ordered the bank to compensate affected consumers with over...
Ten UK credit unions tap Engage for Faster Payments Service
Ten UK credit unions have partnered with Engage, a community banking division of Solaris, to utilize Engage's bulk Faster Payments Service (FPS). This collaboration...
Grow Finance joins Pismo as its first Australian client for card issuance
Australian non-bank business lender, Grow Finance, has partnered with Pismo to issue its small business-focused Mastercard credit cards in the Australian market. This collaboration...
Apple eyes credit card launch in India as partnership with Goldman may be nearing its end
Apple is reportedly in talks with HDFC Bank and Indian regulators to launch a credit card in India. Meanwhile, Goldman Sachs is considering ending...
US fintech Clair lands $25m equity funding to power on-demand pay
New York-based fintech start-up Clair has secured $25 million in equity funding to fuel the growth of its consumer on-demand pay solution backed by...
Turkish fintech Papara acquires Spanish neobank Rebellion Pay
Turkish fintech Papara has acquired Rebellion Pay, a neobank based in Madrid, Spain, as part of its European expansion strategy. Papara aims to compete...

