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FinTech News & Updates

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

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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Jul 19, 2024 – FinTech News

Australian Court Fines American Express $5.3 Million for Credit Card Rule Violations

An Australian court has imposed a $5.3 million fine on American Express (AmEx) for breaching credit card rules. The penalties…

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Jul 19, 2024 – FinTech News

Five Sigma Revolutionizes Insurance with AI-Powered Adjustment Agent

Five Sigma has introduced the insurance industry's first AI-powered Insurance Adjustment Agent. This innovative technology aims to streamline claim processes,…

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