Blogs

Mar 20, 2025 • FinTech News

Monzo Develops Backup Bank to Prevent Outage Disruptions

Introduction Monzo has unveiled Monzo Stand-in backup banking system, a fully independent backup banking system designed to ensure customers can…

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Mar 20, 2025 • FinTech News

Fed Working Group Proposes Scam Information Sharing Network

A Federal Reserve-backed working group has recommended that the U.S. payments industry establish an independent information exchange framework to serve…

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Mar 20, 2025 • FinTech News

XRP Surges 10% as SEC Drops Ripple Case

Ripple’s XRP token soared 10% after the company declared victory in its four-year battle with the U.S. Securities and Exchange…

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Mar 19, 2025 • FinTech News

Santander to Close 95 UK Branches Amid Digital Banking Shift

Santander to close UK branches as part of a major restructuring plan, shutting down 95 locations across the UK, nearly…

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Mar 19, 2025 • FinTech News

Fiserv Acquires CCV to Expand Clover’s Reach in Europe

Global payments giant Fiserv has acquired CCV, a leading payment services provider in the Netherlands, Belgium, and Germany, to accelerate…

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Mar 19, 2025 • FinTech News

NymCard Secures $33M to Expand Banking-as-a-Service in MENA

Abu Dhabi-based Banking-as-a-Service (BaaS) provider NymCard has raised $33 million in a Series B funding round led by QED Investors.…

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Mar 19, 2025 • FinTech News

Bakkt Shares Plunge as Crypto Firm Loses Major Customers

Bakkt’s stock plummeted by over 33% following news that Bank of America and Webull, two of its largest clients, will…

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Mar 18, 2025 • FinTech News

Cash App Integrates Afterpay for BNPL at Checkout

Cash App has officially integrated Afterpay, allowing customers to use buy now, pay later (BNPL) services at online merchants. The…

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Mar 18, 2025 • FinTech News

Burbank Launches Tap-and-PIN Payments for Secure Online Transactions

Welsh fintech Burbank has introduced Card-Present over Internet (CPoI), a payment solution that brings tap-and-PIN transactions to e-commerce to combat…

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Mar 18, 2025 • FinTech News

Metro Bank to Deploy AI for Faster Corporate and Commercial Loan Processing

Metro Bank is integrating Covecta’s AI platform to streamline its corporate and commercial loan operations, significantly reducing processing times. The…

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