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FinTech News & Updates

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

Apr 18, 2025 – FinTech News

Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus

The central bank participants in Project Nexus — an initiative led by the Bank for International Settlements (BIS) to interlink…

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Apr 18, 2025 – FinTech News

Barclays Partners with Brookfield to Offload Struggling Payments Business

Barclays has struck a strategic partnership with Brookfield Asset Management as it works towards offloading its underperforming payments acceptance business…

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Apr 18, 2025 – FinTech News

Global Payments to Acquire Worldpay for $22.7B, Sell Issuer Solutions to FIS for $13.5B

In a landmark reshuffling of the global payments industry, Global Payments has struck a $22.7 billion deal to acquire Worldpay…

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Apr 18, 2025 – FinTech News

Swift Launches AI-Powered Payment Investigation Tool to Tackle $1.6B Industry Pain Point

The global financial messaging network Swift has introduced a new case management system designed to revolutionize how banks track and…

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Apr 18, 2025 – FinTech News

Bolt Unveils SuperApp Merging One-Click Crypto with Everyday Payments

Bolt has launched a new SuperApp aimed at unifying crypto and everyday payments into a single seamless experience, stepping up…

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Apr 18, 2025 – FinTech News

Luma Financial Technologies Secures $63M Series C with Major Bank Backing

A consortium of Wall Street giants including Bank of America, Morgan Stanley, UBS, and TD Bank Group have joined Sixth…

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Apr 18, 2025 – FinTech News

Google Deploys AI to Combat Scam Ads, Removing 500 Million in 2024

Google has intensified its crackdown on fraudulent advertising through advanced AI systems, suspending a record 39.2 million advertiser accounts in…

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Apr 17, 2025 – FinTech News

Wise Launches Group Spending Feature for UK Customers

Money transfer giant Wise has introduced a new feature called ‘Spend with Others’, allowing users to share spending with a…

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Apr 17, 2025 – FinTech News

Belvo Raises $15M to Expand Open Finance in Latin America

Mexico City-based open finance API platform Belvo has raised $15 million in fresh funding to accelerate the development of its…

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Apr 16, 2025 – FinTech News

US Judge Strikes Down CFPB Cap on Credit Card Late Fees

A federal judge in Texas has officially nullified a Consumer Financial Protection Bureau (CFPB) rule that sought to cap credit…

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