Tag: payments
CFPB fines Chime $3.25m for customer refund delays
Chime Fined by CFPB:US fintech Chime has been fined $3.25 million by the Consumer Financial Protection Bureau (CFPB) for delays in issuing...
AYA Bank taps SmartStream for transaction lifecycle management solution
Partnership Overview: AYA Bank, the second-largest bank in Myanmar, selects SmartStream's digital payments platform for transaction lifecycle management (TLM) to manage a surge...
Turkish fintech Iyzico acquires Paynet in $87m deal
Turkish fintech Iyzico is acquiring Paynet, a B2B and B2B2C payment solutions provider, from parent company the Arena Group in a deal valued...
FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
Fine Imposed on SoFi by FINRA: SoFi, an online lending platform, has been fined $1.1 million by the Financial Industry Regulatory Authority (FINRA)...
ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more
Backflip: US-based proptech Backflip raised $15 million in a Series A funding round led by FirstMark Capital, with participation from existing backers and...
Inclusive instant payment system Higala launches in the Philippines
Introduction of Higala: Higala, an inclusive instant payment system (IIPS), has been launched in the Philippines to reduce the cost of real-time payments,...