FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers about cash advance amounts and...
Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions
Bank of New Zealand (BNZ) has acquired Auckland-based open banking fintech BlinkPay to expand its leadership in New Zealand’s open banking sector.
Founded...
Saldo Bank Chooses Lunar’s Nordic Infrastructure for Enhanced Payment Solutions in Sweden
Lithuanian-based Saldo Bank has teamed up with Danish neobank Lunar to simplify payments for its Swedish customers.
Using Lunar’s Nordic infrastructure, Saldo now...
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
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Navigant Credit Union partners Baker Hill to boost commercial loan operations
Navigant Credit Union, based in Rhode Island, has partnered with Baker Hill to use its Commercial Lending solution for loan origination and underwriting.
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