Financial planning platform Abacum bags $60m Series B round
Abacum, a US-based business planning platform, has secured $60 million in Series B funding led by Scale Venture Partners. The…
Chime’s IPO will test public market appetite for fintech as companies line up to exit
There’s a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of…
Risk-Based Regulator: Advancing Innovation and Compliance Within the DIFC
Aligned with Dubai’s Economic Agenda D33, the Dubai Financial Services Authority (DFSA) has announced the release of its Business Plan…
Australian Payments Plus and G+D Integrate Least-Cost Routing to Cut Cost of Accepting Payments
Australian Payments Plus (AP+), the entity bringing together Australia’s three domestic payment providers, BPAY Group, eftpos and NPP Australia, is…
Cross River Unveils Request-for-Payment for Real-Time Pay-Ins
Cross River, a banking infrastructure provider, has launched Request-for-Payment (RfP) on the RTP® network, with fintech platform Plaid as the…
AI Will Divide the Future Workforce by Capability, Not Digital Skills: CFTE Whitepaper
The rise of AI is creating a new divide, not between the digitally literate and illiterate, but between those who…
JPMorganChase Launches Accelerator for UK Financial Startups
Financial services firm JPMorganChase is inviting UK financial services startups to join its new Fintech Forward Programme, designed to accelerate…
Oradian Expands Footprint to Indonesia, Joins National Fintech Association
Core banking software provider Oradian has entered the Indonesian market and joined the Indonesian Fintech Association (AFTECH) as its first…
Banking Professionals Disagree With Public Concern About Closure of Bank Branches, Says CRIF
The closure of bank branches is not seen as a major concern by those working in the industry, despite the…
Six Minutes to Failure – How Payment Outages Drain £1.6billion from UK Businesses
UK retail and hospitality businesses are losing a whopping £1.6billion a year to payment system outages, a new study warns.…
Bank al Etihad, ecolytiq and Visa Launch Carbon Footprint Tracker in Mobile Banking App
Jordan-based Bank al Etihad is joining forces with ecolytiq, a Berlin-based fintech providing sustainability-focused solutions to financial institutions, and digital…
Atome Secures $75Million Financing to Drive Financial Inclusion Mission in the Philippines
Atome, the Southeast Asian buy now pay later (BNPL) provider, has secured a $75million asset-backed financing facility from Lending Ark,…
Malaysia’s Bank Muamalat launches digital bank Atlas powered by Backbase
Bank Muamalat in Malaysia has officially launched Atlas, claimed to be the country’s first Islamic digital-only bank focused on faith…
BNPL provider Atome secures $75m Lending Ark financing facility
Singapore-based fintech Atome, part of Advance Intelligence Group, has secured a $75 million asset-backed financing facility from Lending Ark to…
Tyro Payments CEO Jon Davey to step down after three-year tenure
Australia’s Tyro Payments says that CEO and managing director Jon Davey has informed the company’s board of his intention to…
AIB Group sells minority stake in AIB Merchant Services to Fiserv
Allied Irish Bank (AIB) Group has agreed to sell its minority stake in AIB Merchant Services (AIBMS) to US fintech…
FCA Launches Supercharged Sandbox, Encouraging AI Experimentation With NVIDIA
The Financial Conduct Authority (FCA) is teaming up with technology development giant NVIDIA, launching a new sandbox environment to help…
UK SMEs Are Missing Out on Thousands in Interest, Study Claims
Small and medium-sized businesses (SMEs) across the UK are missing out on thousands of pounds in interest every year because…
UAE Steps Up AML Efforts with Ministry of Economy and Dubai Police Pact
The UAE Ministry of Economy and Dubai Police have signed a new deal to step up their efforts to fight…
Payments firms account for bulk of fintech revenue
Fewer than 100 of the approximately 37,000 fintech companies globally account for roughly 60% of industry revenue – and payments…