OCC issues $85m penalty to USAA Federal Savings Bank
Military-supporting lender found to have failed risk management.
Military-supporting lender found to have failed risk management.
“LatAm looks to the US as a beacon,” says COO.
Two thirds of British millennials use BNPL services.
The Information Commissioner’s Office (ICO) is investigating the claims.
Maltese bank to implement Fiserv AML Risk Manager.
Of its 15 investments, three were founded by Revolut alumni.
Richard Hodgson, Shaun Puckrin, and Jerome Gudgeon join the payments firm.
Paul Noble joins Tandem to help it create green digital banking services.
Each month, the digital challenger promises to gift $10,000 to Black or Latinx businesses.
“This shows Visa’s commitment to onboard other companies which develop crypto.”
David Macdonald joins Temenos after 19 years at SAS.
BearingPoint to take on a slice of Rabobank’s European reporting needs.
Aussie fintech expands reach in the UK with Delta acquisition.
The two claim they can deliver the service for companies in as little as three months.
Temenos is set to deliver its system on a SaaS basis.
The IPO could raise between $2 billion and $3 billion.
By 2025, Razorpay wants to have 50 million business customers.
“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.
The start-up promises impressive rates considering the current 0% interest climate.
“Paynetics showed up as the white knight,” says Wirecard.
72% banks have seen an increase in the integration of corporate banking APIs this year. What’s you organisation doing?
The solution is already connected to the main banks in France which have opened up their APIs.
Tinkoff claims to have acquired 1.7 million new credit accounts since the beginning of this year.
Fintechs in the BNPL space have seen their valuations rocket.
The fintech is piggybacking off Texas-based Spur Security Bank.
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
Unocoin allows users to trade in bitcoin (BTC), ether (ETH) and tether (USDT).
FinTech Futures’ weekly news round-up.
“We have a larger obligation to deliver fairness.”
BoA has acquired approximately 5% of the bank’s common equity.
That’s according to a new report by Retail Banking Research (RBR).
The South African Bank aims to “simplify” banking for its customers.
Monument has raised £20 million to date.
The Jordanian bank is an existing user of Temenos’ core banking system.
The New Zealand firm will deploy Mambu tech alongside its own systems.
The fintech allowed consumers to invest in Notes, corresponding to fractions of loans.
The work of banks, regulators and governments has kept things calm, says Jean Lemierre.
All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.
The 400 job cuts are part of a forecast 16% reduction in Virgin Money’s headcount.
The fintech start-up expanded into the region during the beginning of the COVID-19 lockdown.