CFPB sues Zelle operator and major banks for “widespread fraud” on payment network
The lawsuit comes as the CFPB advances its agenda before its anticipated overhaul by the Trump administration.
FinTech
Fintech news, resources and expert commentary.
US fintech Bureau raises $30m Series B led by Sorenson Capital
Bureau will use its funding to enhance its AI capabilities and expand beyond its “current focus” on Asia.
FinTech Futures: Top five news stories of the week – 20 December 2024
Our pick of the top fintech news stories this week includes FIS, Tyme Group, Affirm and more.
ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US fintech Chime reportedly submits confidential filing for potential 2025 IPO
Bloomberg reports that Chime is targeting 2025 for its public debut, citing sources familiar with the matter.
2024 in review: the key fintech trends of the year
FinTech Futures reflects on the key trends and developments that shaped the fintech sector in 2024.
Zest AI lands $200m growth investment, eyes “high impact M&A opportunities”
The deal marks Insight Partners’ third and largest investment in Zest AI to date.
US embedded finance fintech Parafin secures $100m in Series C funding round
Parafin’s $100 million Series C was raised at a $750 million valuation.
Morgan Stanley taps Wise for corporate cross-border settlements
Morgan Stanley can now offer its corporate clients instant cross-border settlements through Wise Platform.
The regulatory winds, they are not a-changin’
The regulatory shift globally has been towards standards, protocols and end-to-end predictability.
Webinar | 11 February 2025 | Real-time payment processing: beyond traditional banking
Join us for an insightful session on how enterprises can revolutionise their global payment operations.
A bowl of cards
In the US, contactless payments continue to feel like a luxury or an exception rather than the default.
The What the FinTech? podcast | Season five’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
What the FinTech? | S.5 Episode 24 | 2024 in review and predictions for 2025
Guests Dave Wallace and Dharmesh Mistry take a look back over the year in fintech and discuss what 2025 might bring.
Penetration testing – a critical component of financial cybersecurity in 2025
Cybercrime is evolving at an unprecedented pace, with financial institutions increasingly in the crosshairs due to their wealth of sensitive information. To combat this growing threat, financial entities must stay one step ahead by identifying vulnerabilities before attackers do. This is where penetration testing plays a vital role. It simulates real-world attacks to expose weaknesses […]
US fintech Current bags $200m in fresh funding
The company says the new funding will help “accelerate growth and fast-track profitability in 2025”.
Canadian fintech Paystone acquires Ackroo for $21m
Based in Ontario, Paystone provides services for loyalty programmes, payment processing, and gift cards.
Demystify Podcast: Demystifying the evolution of Monument with Steve Britain
In this podcast episode, Dave and Dharm chat with Steve Britain, CEO of Monument Technology.
US BNPL fintech Affirm secures $4bn capital partnership with Sixth Street
The deal is the largest capital commitment Affirm has secured to date.
The DORA effect: building a strong Digital Operational Resilience Act foundation
Learn how to meet, maintain, and prove compliance with the arrival of DORA.
Video: Highlights from the Banking Tech Awards 2024
The Banking Tech Awards celebrated its 25th edition on 4 December at the Royal Lancaster Hotel in London.
FIS reportedly set to acquire UK-based fintech Demica for around $300m
Sky News reports that an official announcement on the deal is expected in the coming days.
US TaaS provider Gigs lands $73m Series B led by Ribbit Capital
The company says it will use the capital injection to “expand its geographical footprint”.
Jiko raises $29m Series C, announces new board additions and advisory committee
The funding follows a $40 million Series B led by Red River West in 2022.
First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 13 December 2024
Our pick of the top fintech news stories this week includes Upbound, MoneyLion, Lunar and more.
US financial health fintech Brigit acquired by Upbound Group in deal worth up to $460m
Founders Zuben Mathews and Hamel Kothari will continue to lead the company as a “business segment” of Upbound.
FinTech Futures Jobs: The UK tech roles poised for growth in 2025
Explore thousands of open roles on the FinTech Futures Job Board today.
DORA and beyond: what do new compliance standards mean for banking and finance?
DORA redefines financial sector resilience, bringing challenges and opportunities for 2025.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
Why ‘I won’t let anything happen to you’ is more of a threat than a promise
If risk is everything, everywhere, all at once, then risk management is everyone’s job, now, always and forevermore.
State of play: Pay by Bank
Pay by Bank, also referred to as A2A payments, has emerged as a credible contender to card-based payments.
What the FinTech? | S.5 Episode 23 | Simplifying core banking modernisation with SaaScada
In this podcast episode, we chat with Nelson Wootton, CEO and co-founder of SaaScada.
Cybersecurity specialist Gen Digital acquires MoneyLion in $1bn deal
Gen says the acquisition is expected to close in the first half of its “fiscal year 2026”.
LexisNexis to acquire deepfake detector IDVerse for undisclosed sum
The transaction is set to close in early 2025, with IDVerse joining LexisNexis Risk Solutions Business Services.
Ibanera launches US prepaid card programme with FIS
The cards enable multi-currency purchases through the global Visa network.
The evolution of digital identity in financial services
Solution providers and financial firms need to innovate continuously to meet evolving digital identity requirements.
Mexico’s Klar acquires assets of B2B payments and financing platform Tribal
The deal includes Tribal’s payment and financing solutions, business intelligence tools and risk models.
Demystify Podcast: Demystifying Mastercard’s quantum strategy with Steve Flinter
In this podcast episode, Dave and Dharm chat with Mastercard’s Steve Flinter about quantum computing.
