FinTech News & Updates

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

Aug 26, 2024 FinTech News

Southeast Asia Individual Financial Services MoneySmart Denies MoneyHero’s Purchase Offer

MoneySmart, a leading financial services platform in Southeast Asia, has declined an acquisition offer from MoneyHero, a prominent competitor. The…

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Aug 23, 2024 FinTech News

NBK introduces its payment verification service

National Bank of Kuwait (NBK) has unveiled a new payment verification service aimed at enhancing security and streamlining transactions for…

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Aug 23, 2024 FinTech News

HSBC Warns Customers About Dangerous Money Mule Schemes

HSBC has issued a warning to its customers about the rise of dangerous money mule schemes. These fraudulent operations exploit…

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Aug 23, 2024 FinTech News

UK Banks Struggle with Unclear Fraud Reimbursement Rules

UK banks are grappling with vague fraud reimbursement regulations, leading to confusion and inconsistency in handling claims. The lack of…

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Aug 23, 2024 FinTech News

Banking Circle and Skydo Forge Exclusive Partnership to Transform Cross-Border Payments

Banking Circle and Skydo have formed an exclusive partnership aimed at transforming cross-border payments for businesses worldwide. By leveraging Banking…

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Aug 22, 2024 FinTech News

Switzerland’s PostFinance to Support Instant Payments

Switzerland’s PostFinance has announced its support for instant payments, revolutionizing the country’s financial transactions. This move aims to enhance efficiency,…

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Aug 22, 2024 FinTech News

CRED Teams Up with L&T Finance to Provide Unsecured Personal Loans

CRED has announced a strategic collaboration with L&T Finance to offer unsecured personal loans. This partnership aims to streamline the…

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Aug 22, 2024 FinTech News

PhonePe launches ‘credit line on UPI’ feature on its platform

PhonePe has launched a new 'Credit Line on UPI' feature, offering users instant access to credit through its platform. This…

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Aug 22, 2024 FinTech News

FCA Criticizes Insurers for Neglecting Customer Value

The UK Financial Conduct Authority (FCA) has criticized insurance companies for failing to provide customers with good value for money.…

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Aug 22, 2024 FinTech News

Apple Wallet may face competition from PayPal in the EU

PayPal is preparing to enter the EU digital wallet market, positioning itself as a competitor to Apple Wallet. With plans…

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