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FinTech News & Updates

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

Jul 02, 2024 – FinTech News

TeamSystem Strengthens Financial Services Portfolio with Change Capital Acquisition

eamSystem, a leading Italian software provider, has acquired a 61% majority stake in Change Capital, bolstering its position in SME…

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Jul 02, 2024 – FinTech News

Revolut Achieves Record Profit in 2023, CEO Confident in Securing UK Bank Licence

Fintech giant Revolut has announced a significant profit for 2023, with CEO Nikolay Storonsky expressing optimism about obtaining a UK…

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Jul 02, 2024 – FinTech News

SEC Files Lawsuit Against Silvergate Bank Over Alleged Securities Fraud

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Bank, accusing the financial institution of engaging…

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Jul 02, 2024 – FinTech News

UniCredit Challenges ECB’s Russia Risk Reduction Demands in EU Court

UniCredit is contesting the European Central Bank's directive to reduce its exposure to Russia in the EU court. The bank…

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Jul 01, 2024 – FinTech News

Kuwait Central Bank Greenlights New WAMD Instant Payments System

Kuwait's central bank has sanctioned the launch of the WAMD instant payments system, aiming to revolutionize financial transactions in the…

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Jul 01, 2024 – FinTech News

RBI and ASEAN Nations Collaborate on Retail Cross-Border Payment Platform

RBI and ASEAN countries are joining forces to establish a groundbreaking platform for retail cross-border payments, aiming to enhance financial…

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Jul 01, 2024 – FinTech News

Arrow Emerges from Stealth to Revolutionize Healthcare Payments

Arrow, a US-based start-up, has emerged from stealth mode with a mission to transform healthcare payments. Leveraging advanced technology, Arrow…

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Jul 01, 2024 – FinTech News

UBS Finalizes Merger of Swiss Operations with Credit Suisse, Expanding Market Dominance

UBS has successfully completed the merger of its Swiss business with Credit Suisse, marking a significant consolidation in the Swiss…

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Jul 01, 2024 – FinTech News

Qorus and Infosys Finacle Collaborate to Recognize Global Banking Innovation

Qorus and Infosys Finacle have joined forces to identify and celebrate groundbreaking banking innovations globally, fostering a culture of creativity…

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Jul 01, 2024 – FinTech News

Allica Bank Partners with Westcor International for Streamlined Title Indemnity Insurance

Allica Bank has teamed up with Westcor International to introduce title indemnity insurance, significantly reducing application times. This partnership aims…

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