FinTech News & Updates

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

Oct 19, 2024 FinTech News

Cash App Pay Integrates with Lyft, Offering Riders Seamless Payment Flexibility

Cash App and Lyft have partnered to provide Cash App Pay as a new payment option, offering seamless transactions for…

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Oct 19, 2024 FinTech News

Nium and Bank Rakyat Indonesia Partner for Real-Time Cross-Border Payments

Nium has partnered with Bank Rakyat Indonesia to provide real-time international payment services, enhancing accessibility for BRI’s customers

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Oct 19, 2024 FinTech News

CFPB Sues Climb Credit Over Misleading Claims

The CFPB has sued Climb Credit for making false claims about job placement rates at partner schools, inducing students into…

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Oct 19, 2024 FinTech News

Axiom Bank Faces Enforcement Action by OCC

Axiom Bank faces enforcement action by the OCC for BSA/AML violations and inadequate risk management, following a compliance agreement.

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Oct 19, 2024 FinTech News

Bank of Kenya Migrates National Payment System to ISO 20022

The Bank of Kenya has migrated its national payment system, KEPSS, to ISO 20022, improving transaction speed, security, and efficiency.

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Oct 19, 2024 FinTech News

Wise Becomes First Foreign Firm to Gain Direct Access to Japan’s Payment Clearing Network

Wise gains direct access to Japan's Zengin payment network, allowing lower fees and faster transaction processing, increasing competition in the…

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Oct 16, 2024 FinTech News

Monzo Launches New Premium Plan as Business Customers Surpass 500,000

Monzo has introduced a premium plan called Team, offering new features like bulk payments and expense cards for business customers…

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Oct 16, 2024 FinTech News

Zopa Embeds Loan Product with John Lewis

Zopa Bank teams up with John Lewis to provide personal loans, offering fast quotes and cash access for its 23…

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Oct 16, 2024 FinTech News

Swift Unveils AI-Powered Real-Time Fraud Barrier

Swift is launching an AI-powered anomaly detection service in January 2025 to help banks detect fraud in real-time, leveraging data…

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Oct 16, 2024 FinTech News

Apex Fintech Solutions Acquires FinTron

Apex Fintech Solutions has acquired FinTron to expand its customizable digital investment solutions, enhancing offerings for fintech firms, advisors, and…

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