The US Federal Reserve launches new instant payments system FedNow
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
Wagman joins Rapyd from the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA).
The complaint was filed by a Mexican citizen in June, according to El Economista.
The Fed says it found that Deutsche Bank made “insufficient remedial progress” in fixing its AML controls.
An insightful journey through the experience of the successful implementation of the hybrid start-up model.
The start-up has also launched a new business card in partnership with Visa to help digital creators access credit.
The agreement is set to bring approximately 285,000 new customers to Nordea.
The signing and project kick-off took place this week in Yangon, Myanmar.
N26 will reportedly continue to be restricted to 50,000 new customer acquisitions per month.
The Swedish fintech has appointed Alexander Kassai as COO and Fredrik Strömqvist as CFO.
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
The partnership will see Stanford FCU leverage Agent IQ’s digital engagement platform Lynq.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
The start-up will use the funds to accelerate its research and product development and boost its marketing activity.
Hamdan joins the bank from Jordan’s first neobank Blink, where he served as platform lead since December 2021.
Starling Bank will utilise Napier’s anti-money laundering (AML) and counter-terrorism financing (CTF) technology.
All three are preparing their organisations for future growth with higher member engagement.
The framework comes a year after the FSB called for regulation of the crypto industry on an international level.
The Saudi bank selected TCS BaNCS to digitise its IT landscape across deposits, lending and payments.
Based in the US, Ava Kelly brings more than 25 years of payments industry experience to her new role.
The partnership seeks to provide better financing opportunities to foreign-born students in the US.
HyperPay is aiming to expand its product offerings in order to become an “all-in-one” digital payments platform.
Lloyds claims it is the first UK bank to launch such an offering, now available to 11 million customers.
The Bahraini denominated card can be used to pay for transactions in both an in-store and online setting.
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
F2F2X (Flash-to-Flash-to-Anything) was unveiled at the recent Huawei Intelligent Finance Summit.
Enfuce’s Monika Liikamaa helps demystify why and how the payments industry can help with the climate agenda.
Reuters reports Santander is making at least 50 new hires in a push to become a major investment banking player.
CTB will utilise the Temenos Banking Cloud to replace its legacy core systems and move to a SaaS model.
With a presence in Lithuania, the company hopes to gain more business in the Baltic region.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
Access Bank will acquire Standard Chartered’s subsidiaries in Angola, Cameroon, The Gambia and Sierra Leone.
The review will examine how the FCA is working to overcome new challenges and take advantage of opportunities.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
The solution targets MMEs that lack experience and accessibility of financial and non-financial products.
The capital will be used to accelerate its growth in Mexico and fuel its international expansion plans.
Fincom’s AML Sanctions Screening solution won the AML & Compliance Tech of the Future at the awards.
The CFPB has ordered Bank of America to pay $150m in penalties and more than $100m to affected consumers.
Tap to Pay allows businesses to accept in-person, contactless payments on an iPhone, without need for hardware.
Watch the highlights video from FinTech Futures’ 40th anniversary summer networking party.