FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Mar 28, 2025 FinTech News

CFPB Abandons Plan to Regulate BNPL Like Credit Cards

The Consumer Financial Protection Bureau (CFPB) is preparing to revoke its controversial interpretive rule that would have subjected “pay-in-four” buy…

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Mar 28, 2025 FinTech News

Standard Chartered Deploys Generative AI Tool Globally to Boost Efficiency

Standard Chartered has launched SC GPT, its proprietary generative AI platform, across 41 markets to enhance productivity for over 70,000 employees.…

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Mar 28, 2025 FinTech News

Commonwealth Bank Launches Seattle Tech Hub to Accelerate AI and Cloud Innovation

Australia’s Commonwealth Bank (CommBank) has established a new Tech Hub in Seattle, designed to immerse its IT teams in the latest…

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Mar 27, 2025 FinTech News

Flagright Secures $4.3M to Expand AI-Powered AML Compliance Platform

AI-native AML compliance platform Flagright has raised a $4.3 million Seed round to fuel its international expansion. The funding was…

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Mar 27, 2025 FinTech News

Chipper Cash Partners with Ripple for Crypto-Powered Cross-Border Payments

Chipper Cash, a leading African money movement firm, has signed a deal with Ripple to enable crypto-powered cross-border payments across…

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Mar 27, 2025 FinTech News

Mercury Secures $300 Million Series C at $3.5 Billion Valuation

Mercury, a provider of banking services for entrepreneurs and the tech industry, has raised $300 million in Series C funding,…

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Mar 27, 2025 FinTech News

myPOS Acquires UTP Group to Strengthen UK Payment Solutions

London-based fintech company myPOS has acquired UTP Group, a UK payments provider specializing in card machines, tap-to-pay solutions, and e-commerce payment services for…

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Mar 27, 2025 FinTech News

JPMorgan Achieves Quantum Breakthrough in Certified Randomness Generation

JPMorgan Chase has announced a major advancement in quantum computing, successfully demonstrating the generation of certified quantum randomness—a development that could…

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Mar 27, 2025 FinTech News

Trump Orders Full Phase-Out of Treasury Paper Checks to Combat Fraud

President Donald Trump has mandated the complete elimination of paper Treasury checks by September 30 through an executive order requiring…

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Mar 27, 2025 FinTech News

Block Lays Off 931 Employees in Major Restructuring

Fintech giant Block, formerly known as Square, is cutting 931 jobs and eliminating 748 open positions as part of a significant company reorganization. The…

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