Fixed income fintech Moment raises $36m Series B
The New York-based start-up plans to use the funding to expand its team and secure additional industry partnerships. Fixed income…
Vocalink fined £11.9m by Bank of England
The Bank of England says it has fined the paytech “in respect of a compliance failure under section 196 of…
US brokerage platform Alpaca to acquire WealthKernel for European expansion
US brokerage platform Alpaca is expanding into the UK and EU markets through the acquisition of digital investment infrastructure provider…
Commonwealth Credit Union selects Lumin Digital as new digital banking provider
Lumin says its tech will allow Commonwealth Credit Union members to benefit from “an always-on personalised digital banking experience”. Commonwealth…
FV Bank Rolls Out Virtual Account Identifiers to Automate Payment Attribution
FV Bank, a US-licensed digital bank serving small and medium-sized enterprises, has launched a new Virtual Account feature to tackle…
Travel Providers Need to Prepare for Spike in Payment Disputes, Warns Chargebacks911
With the global travel industry entering peak summer season, Chargebacks911, the dispute resolution and chargeback prevention company, has urged travel…
Real-Time Payments Demand Real-Time Fees, Says RS2 Whitepaper
As real-time payments take off, set to make up one in three transactions worldwide by 2030, a new whitepaper from…
Dext Partners With Airwallex to Ease Bookkeeping for SMBs
Bookkeeping automation provider Dext has joined forces with Airwallex, the global payments and financial services platform, to launch a new…
Singapore Fintechs Call for Fairer API Access Amid SME Banking Frustrations
Singapore’s fintech sector is calling for fairer access to banking APIs, after a new report by Fintech Nation, a non-profit…
Worldpay for Platform Expands to Canada and the UK to Offer Embedded Payments to Local SMBs
Worldpay has expanded its embedded finance offering to Canada and the UK, while enhancing its presence in Australia, in response…
Diverse E-Commerce Payment Acceptance For US & Canadian Merchants: Finix Launches WooCommerce Plugin
Merchants, both big and small, across the US and Canada will now have the ability to easily accept payments, reduce…
Loqbox and Jaja Finance Partner to Embed Credit-Building Tools Into Everyday Spending
Credit-building platform Loqbox has teamed up with digital credit card provider Jaja Finance to embed personalised credit-improvement tools into Jaja’s…
Revolut Plans to Democratise Access to Invest With New Stocks and Shares ISAs and UK-Listed ETFs
British neobank Revolut has launched new Stocks and Shares ISAs and UK-listed Exchange-Traded Funds (ETFs) as part of efforts to…
Goji Taps Endava Toolkit to Accelerate Client Onboarding and Bolster Capital Markets Connectivity
Endava, an AI-native business transformation group, has partnered with Goji, a digital solutions provider for private funds, to digitise the…
American Fintech Council Provides Middle Ground in CFPB Case on New Open Banking Rule
The American Fintech Council (AFC), the industry association representing both responsible fintech companies and innovative banks, has filed an amicus…
UK BNPL fintech Zilch reportedly searching for overseas acquisition opportunities
Sky News reports that the company is working with advisers to seek potential acquisitions as it continues to gear up…
Zen Tech to enter negotiations to buy 30% stake in Malaysia’s Souqa Fintech
Zen Tech says the prospective acquisition will enable the company to “expand its business footprint into the rapidly growing financial…
Finmo preps UK expansion with new EMI licence
Finmo is currently also licensed in Singapore, Canada, Australia, New Zealand and the US. PayPal-backed treasury and payments platform Finmo…
Africa launches PAPSSCARD, the continent’s first Pan-African card scheme
PAPSSCARD is a joint venture between Afreximbank, PAPSS, and Mercury Payment Services. The PAPSSCARD card scheme has officially launched in…
First Mid upgrades to Jack Henry core banking platform
With nearly $8 billion in assets, First Mid operates more than 80 branches across Illinois, Missouri, Texas, and Wisconsin. First…