FinTech News & Updates

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

May 29, 2024 FinTech News

Former FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison

Former FTX executive Ryan Salame sentenced to 7.5 years in prison for conspiracy to make unlawful political contributions, defraud the…

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May 29, 2024 FinTech News

BaFin Lifts N26 Customer Onboarding Cap

: Germany's financial regulator BaFin has lifted the customer onboarding cap for digital bank N26, allowing it to grow its…

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May 28, 2024 FinTech News

Canadian Securities Regulators Announce Move to T+1 Settlement Cycle

The Canadian Securities Administrators (CSA) have announced rule amendments supporting the transition to a T+1 settlement cycle for equity and…

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May 27, 2024 FinTech News

Klarna Labels CFPB BNPL Rule ‘Baffling’

Klarna criticizes the CFPB's new rule treating BNPL lenders like credit cards as "baffling," while Affirm welcomes the consistent industry…

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May 27, 2024 FinTech News

Ex-Citi Employee Files Wrongful Termination Lawsuit Alleging Data Concealment from Regulators

Former Citigroup managing director Kathleen Martin sues the bank and COO Anand Selva for wrongful termination, alleging she was fired…

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May 27, 2024 FinTech News

JP Morgan to Pay $100M for Client Order Monitoring Failures

JP Morgan will pay $100 million to settle a CFTC probe over failures in monitoring billions of client orders between…

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May 23, 2024 FinTech News

TD Bank Unveils ‘Sonic Identity’ in Collaboration with Sixième Son

TD Bank introduces its new sonic identity, developed with Sixième Son, enhancing brand accessibility and recognition across audio platforms and…

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May 23, 2024 FinTech News

Synctera Unveils ‘Bring Your Own Bank’ Model to Enhance Banking Flexibility

Synctera launches the 'Bring Your Own Bank' model, allowing fintech companies to use the Synctera Platform with any bank, enhancing…

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May 23, 2024 FinTech News

Citi Fined Over $444 Billion ‘Fat Finger’ Error

Citi fined £61.7 million by UK regulators for a $444 billion 'fat finger' error causing a $1.4 billion sell-off in…

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May 23, 2024 FinTech News

ICE Fined $10 Million for Delayed Cyber Intrusion Disclosure

Intercontinental Exchange (ICE) fined $10 million by SEC for delayed reporting of a cyber intrusion. Learn about the implications of…

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