FinTech News & Updates

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

Jul 23, 2024 FinTech News

Southeastern U.S. Sees Growth in De Novo Banks with Jack Henry’s Support

Three new de novo banks in the Southeastern U.S. have partnered with Jack Henry to streamline operations and enhance customer…

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Jul 22, 2024 FinTech News

Visa Unveils Key Trends for SMEs in UAE, Offering New Opportunities for Issuers

Visa's latest report on UAE SMEs reveals emerging megatrends, including digital transformation and financial inclusion, offering issuers valuable opportunities to…

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Jul 22, 2024 FinTech News

UK Finance Unveils New Platform to Enhance Charity Banking Access

UK Finance has launched a new online platform to support UK charities in accessing banking services. The site offers tailored…

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Jul 22, 2024 FinTech News

Slope Secures $65M in Funding Led by JP Morgan to Boost B2B Payment Solutions

B2B paytech Slope has successfully raised $65 million in equity and debt funding, with JP Morgan leading the investment. The…

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Jul 22, 2024 FinTech News

US Fintech Coast Secures $40M Series B Round to Fuel Growth and Expansion

Coast, a US-based fintech company, has raised $40 million in Series B funding. The investment will drive product development, strategic…

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Jul 22, 2024 FinTech News

US Federal Reserve Imposes $44 Million Fine on Green Dot for Unfair Practices

The US Federal Reserve has fined digital bank Green Dot $44 million due to unfair and deceptive practices. The fine…

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Jul 22, 2024 FinTech News

Indonesia and South Korea Enhance Cross-Border Payment Connectivity

Indonesia and South Korea have announced a new partnership to boost cross-border payment connectivity. This initiative aims to streamline transactions,…

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Jul 22, 2024 FinTech News

Airwallex Secures Licence to Offer Retail Investment Products in Australia

Airwallex has received a licence from the Australian Securities and Investments Commission (ASIC) to offer retail investment products. This expansion…

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Jul 22, 2024 FinTech News

China Bohai Bank to Sell $4 Billion in Non-Performing Loans Amid Financial Reforms

China Bohai Bank, linked to Standard Chartered, plans to dispose of $4 billion in bad loans. This move aligns with…

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Jul 22, 2024 FinTech News

Cash App to Exit UK Amid Block’s Strategic Shift in International Expansion

Cash App is exiting the UK as Block Inc. scales back international expansion to focus on core markets. The strategic…

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