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FinTech News & Updates

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

May 31, 2024 – FinTech News

FintechOS Secures $60 Million in Series B+ Funding Round

FintechOS secures $60 million in a Series B+ funding round led by Molten Ventures, marking significant growth and innovation in…

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May 31, 2024 – FinTech News

UK Finance Urges Next Government to Hold Big Tech Accountable for Fighting Scams

UK Finance calls for the next UK government to mandate tech firms to contribute £40 million annually to combat fraud,…

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May 31, 2024 – FinTech News

Mastercard Pilots Crypto Credential Network for Cross-Border Transactions

Mastercard launches a pilot for its Crypto Credential network, enabling secure cross-border digital asset transactions between Latin America and Europe.…

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May 31, 2024 – FinTech News

Visa and Mastercard Offer $197M to Settle ATM Class Action Suit

Visa and Mastercard have agreed to pay $197 million to settle a class action lawsuit accusing them of keeping ATM…

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May 29, 2024 – FinTech News

PayPal to Launch Advanced Advertising Platform Using Customer Data

PayPal is developing an advanced advertising platform to leverage customer data for better-targeted ads. Mark Grether from Uber and John…

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May 29, 2024 – FinTech News

Nubank Launches eSIM Service for Premium Customers

Nubank partners with Gigs to offer a digital travel eSIM to Ultravioleta premium customers, providing 10GB of annual data to…

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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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