Tag: fintech
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
The Philippines’ UnionBank taps NCR to manage its ATMs
UnionBank of the Philippines, the country's ninth-largest bank, partners with NCR Corporation to adopt their ATM-as-a-Service solution, aiming to enhance self-service banking for its...
Settle secures $145m credit facility from Silicon Valley Bank
San Francisco-based Settle, a cashflow management platform for e-commerce and consumer brands, has secured a credit facility of up to $145 million from Silicon...
Jordan’s Bank al Etihad to deploy NetGuardians’ fraud prevention tech
Jordan-based bank Bank al Etihad partners with Swiss fintech NetGuardians to implement an AI-powered payment fraud prevention solution, enhancing its fraud detection capabilities and...
Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth
US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...
FSB publishes global regulatory framework for cryptoassets
The Financial Stability Board (FSB) has published a global regulatory framework for crypto asset activities. This framework is a response to the intrinsic volatility...