FinTech News & Updates

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

Sep 25, 2024 FinTech News

Mastercard Enhances AI Technology to Combat Payment Scams

Mastercard has upgraded its AI solution to better detect and prevent real-time payment scams. The enhanced technology aims to protect…

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cybersecurity
Sep 25, 2024 FinTech News

Cybersecurity Breach Forces MoneyGram to Halt Operations

MoneyGram faced significant disruptions due to a cybersecurity incident, leading to a temporary halt in its operations. The company is…

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Sep 25, 2024 FinTech News

HSBC Urges Tech Giants to Collaborate in Combating APP Fraud

HSBC has called on major technology companies to assist in reimbursing victims of Authorised Push Payment (APP) fraud. This request…

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Sep 25, 2024 FinTech News

Santander Mobile App Faces Three-Hour Outage, Disrupting Customers

Santander UK's mobile app suffered a three-hour outage on Monday morning, affecting thousands of customers who couldn't access their accounts.…

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banking
Sep 25, 2024 FinTech News

UK Consumers Turn Away from Branch Banking Amid Digital Shift

UK consumers are increasingly moving away from traditional branch banking in favor of digital services. Factors like convenience, technology adoption,…

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Sep 23, 2024 FinTech News

Wise Introduces Innovative Invoicing Tool Tailored for SMEs

Wise has launched a new invoicing tool designed specifically for small and medium-sized enterprises (SMEs). This tool aims to simplify…

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credit card
Sep 23, 2024 FinTech News

J.P. Morgan Expands Horizons with UK Credit Card Testing

J.P. Morgan is testing new credit card offerings in the UK as part of its strategy to expand overseas. The…

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Sep 23, 2024 FinTech News

UK Consumers Shift Away from Traditional Branch Banking

UK consumers are increasingly abandoning branch banking in favor of online and mobile banking options. This trend reflects changing preferences…

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Sep 23, 2024 FinTech News

Alchemy Pay Integrates Google Pay for Seamless Crypto Payments

Alchemy Pay has integrated its Virtual Card with Google Pay, allowing users to make seamless crypto payments. This move simplifies…

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Sep 23, 2024 FinTech News

Lithuanian Fintech Kevin Declared Insolvent After Court Ruling

Lithuania-based payments fintech kevin, once a high-growth company, has been declared insolvent by the Vilnius District Court. Following financial struggles,…

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