Tag: Lending

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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...

Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora

Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA). Launch Timeline: The bank...

Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service

Partnership Announcement: Tompkins Community Bank, headquartered in Ithaca, has selected NCR Atleos’ ATM-as-a-Service (ATMaaS) to modernize its self-service channels in New York and...

EquiLend names former ION head Rich Grossi as new CEO

New CEO Appointment: EquiLend, a securities lending platform, has appointed Rich Grossi as CEO. Growth Focus: Grossi’s role is to drive growth and...

ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt

Authologic Raises $8.2 Million in Series ALocation: Poland Funding: $8.2 million Series A Led by: OpenOcean, with support from YCombinator, Peak Capital, and...

UK government looks to strengthen BNPL protections with launch of latest consultation

The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...