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FinTech News & Updates

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

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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May 23, 2024 – FinTech News

Google Pay Introduces Biometrics, Expands BNPL Options

Google Pay introduces biometrics to replace CVV codes, expands BNPL options, and improves visibility of card benefits for American Express…

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May 23, 2024 – FinTech News

Mastercard Leverages GenAI to Combat Dark Web Fraud

Mastercard leverages generative AI to double the speed of fraud detection, reducing false positives and identifying at-risk merchants more efficiently.…

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May 23, 2024 – FinTech News

WFE Warns of Market Quality Risks with Faster Settlement Times via DLT

WFE research warns that faster settlement times via DLT could harm market quality by increasing transaction costs and reducing liquidity.…

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May 23, 2024 – FinTech News

CFPB Rules BNPL Lenders Must Adhere to Credit Card Regulations

The CFPB rules that BNPL lenders must adhere to the same regulations as credit card issuers, providing consumers with essential…

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