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Jul 10, 2024 – FinTech News

Dosh Applies for Banking License in New Zealand to Expand Financial Services Reach

Fintech firm Dosh has applied for a banking license in New Zealand, aiming to broaden its financial services offerings and…

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Jul 10, 2024 – FinTech News

Avidia Bank Enhances Customer Experience with Personetics AI on Q2 Digital Banking Platform

Avidia Bank has integrated Personetics’ AI-powered engagement engine into its new Q2 Digital Banking Platform, aimed at revolutionizing customer interactions…

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Jul 10, 2024 – FinTech News

Outpayce Partners with Mambu to Launch Innovative Multi-Currency Digital Wallet

Outpayce has teamed up with Mambu to unveil a sophisticated multi-currency digital wallet, marking a significant advancement in global financial…

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Jul 10, 2024 – FinTech News

Challenges Mount for US Banks as Profits Squeeze Amid Lower Interest Payments and Rising Credit Losses

US banks are navigating challenging waters as reduced interest income and increased credit losses put pressure on profitability, impacting their…

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Jul 10, 2024 – FinTech News

Fifth Third Bank Faces CFPB Fine for Fake Accounts and Auto Repossessions

Fifth Third Bank has been fined by the US Consumer Financial Protection Bureau (CFPB) due to allegations of creating fake…

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Jul 10, 2024 – FinTech News

Bank of England Tightens Oversight on Insurance Risk Transfers

The Bank of England is increasing its scrutiny of risk transfers in the insurance sector to address concerns about transparency,…

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Jul 10, 2024 – FinTech News

Fed Chair Powell Reaffirms Central Bank Independence Amid Growing Economic Challenges

Federal Reserve Chairman Jerome Powell emphasized the importance of central bank independence at a recent event, addressing mounting economic challenges.…

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