FinTech News & Updates

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

Jan 08, 2025 FinTech News

Visa Partners with Qashio to Launch B2B Travel Payments Solution

Visa has partnered with UAE-based spend management company Qashio to introduce the Visa Commercial Choice Travel programme, a groundbreaking B2B…

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Jan 08, 2025 FinTech News

Monzo Co-Founder Envisions a Future of Fully AI-Driven Startups

Jonas Templestein, co-founder of digital banking giant Monzo, is charting a bold new course in the entrepreneurial world by envisioning…

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Jan 07, 2025 FinTech News

Digital Payments Surge in Europe, But Cash Remains a Key Player

Despite the rapid adoption of digital payment solutions across Europe, cash still accounts for the majority of point-of-sale (POS) transactions,…

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Jan 07, 2025 FinTech News

Bank-Backed EPI Processes First E-Commerce Transactions

The European Payments Initiative (EPI), a venture supported by major banks to challenge Mastercard and Visa in Europe, has achieved…

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Jan 07, 2025 FinTech News

Money Squirrel Launches Cashflow Management App for UK Businesses

Money Squirrel, a fintech startup, has unveiled an open-banking-powered app aimed at helping UK businesses manage their cash flow effectively.…

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Dec 31, 2024 FinTech News

CFPB Sues Major Banks Over $870 Million in Consumer Losses

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Early Warning Services, the operator of Zelle, and three…

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Dec 31, 2024 FinTech News

Aviva Acquires Direct Line Group in a £3.7bn Deal to Bolster UK Insurance Market

Aviva, a leading insurance company, has confirmed its acquisition of Direct Line Group for approximately £3.7 billion ($4.65 billion). The…

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Dec 30, 2024 FinTech News

Deutsche Bank Securities Fined $4M for Delayed Suspicious Activity Reports

Deutsche Bank Securities, a subsidiary of Deutsche Bank AG, has been fined $4 million by the U.S. Securities and Exchange…

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Dec 30, 2024 FinTech News

TymeBank and Moniepoint Achieve Unicorn Status, Redefining African Fintech

South Africa’s TymeBank and Nigeria’s Moniepoint recently secured funding rounds valuing each at over $1 billion, marking them as unicorns…

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Dec 30, 2024 FinTech News

Mastercard Completes Acquisition of Recorded Future to Elevate Cybersecurity

Mastercard has finalized the acquisition of Recorded Future, a leader in AI-driven threat intelligence. This move underscores Mastercard’s commitment to…

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