FinTech Blogs & Insights

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Oct 11, 2024 FinTech News

Citi Partners with Mastercard for Real-Time Cross-Border Debit Card Payments

Citi partners with Mastercard to launch real-time cross-border payments to debit cards, offering fast, full-value transfers to global markets

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Oct 11, 2024 FinTech News

TD Bank Fined $3 Billion for Money Laundering Violations

TD Bank pleads guilty to money laundering violations, paying $3 billion in penalties due to systemic failures in monitoring transactions.

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Oct 11, 2024 FinTech News

Monzo to Reach £4.5 Billion Valuation in Employee Share Sale

Monzo offers employees a secondary share sale opportunity, boosting its valuation to £4.5 billion and setting the bank on track…

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Oct 11, 2024 FinTech News

Revolut to Enable Amex Payments for Business Merchants in the UK

Revolut Business introduces American Express payments for UK merchants, enhancing customer reach with premium, high-spending Amex users.

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Oct 11, 2024 FinTech News

Pockit Acquires Struggling Mobile Banking Fintech Monese

Pockit acquires mobile banking fintech Monese to serve 3 million customers and expand its regulatory capabilities for low-income and underserved…

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Oct 08, 2024 FinTech News

EIB Action Plan to Support EU Startups and Scale-ups

The EIB's new Action Plan aims to boost startup growth, support EU venture capital, and enhance market integration through green…

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Oct 08, 2024 FinTech News

PayPal Uses PYUSD Stablecoin for First Invoice Payment

PayPal has used its PYUSD stablecoin for the first time to pay an invoice, demonstrating its potential to streamline cross-border…

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Oct 08, 2024 FinTech News

Ecommerce Fraud to Triple by 2029, Surpassing $100 Billion

Ecommerce fraud losses are predicted to rise to $107 billion by 2029, with AI playing a central role in enhancing…

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Oct 08, 2024 FinTech News

Big Tech and Banks Dispute Over Responsibility for Fraud Victim Compensation

Banks and big tech firms like Meta are at odds over fraud victim compensation, with Revolut criticizing Meta’s initiatives as…

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Oct 08, 2024 FinTech News

Zepz Secures $267 Million in New Funding Round

Zepz, the parent company of WorldRemit and Sendwave, raises $267 million in a funding round to support global market expansion…

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