Bank of America fined by US regulators over fake accounts and junk fees
The CFPB has ordered Bank of America to pay $150m in penalties and more than $100m to affected consumers.
The CFPB has ordered Bank of America to pay $150m in penalties and more than $100m to affected consumers.
Watch the highlights video from FinTech Futures’ 40th anniversary summer networking party.
Car IQ Pay vehicle wallet enables vehicles to have their own payment accounts to transact directly with merchants.
According to Innovate Finance data, $27.3bn was injected into the industry globally during H1 2023 through 1,714 deals.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Explore thousands of open roles on the FinTech Futures Job Board today.
Convera will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems.
In the latest episode of the podcast, we’re joined by Whikie Liu, Strategy Director, Capital Markets at Swift.
The round was led by Intel Capital, with participation from new investor Allianz Life Ventures, and existing investors.
Be honest and mindful of your constraints and make choices that mitigate their impact.
With the funds, Jirav plans to fuel product development, expand its customer base and attract new talent.
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
Dixon intends to “ensure fast and secure payments” and bolster Allied’s information security practices.
The new seven-year agreement is to last until 31 March 2030.
The US payments platform is to cut 9% of its workforce by Q3 2023.
Real-world examples and practical insights on how to harness the power of cloud native observability.
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
There’s a direct correlation between the rate of a bank’s digital transformation and its ability to win and retain customers.
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
Cover story: THE BEST OF BANKING TECH USA – Winners and pictures from an amazing night.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The transaction is expected to close by Q1 2024, subject to regulatory approvals and closing conditions.
The start-up has also secured a $150 million consumer lending program with banking partner Pathward.
Leavy joins the company following a decade-long stint at US financial services firm SEI.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
SumUp has also appointed Anna Kuriakose as its new chief product officer (CPO).
The irony of the next wave of tech advancement is that it may force us back into focusing on the real world.
This free how-to guide from LexisNexis Risk Solutions provides need-to-know insights about how to win digital trust.
Christian Channell joins the cloud-native platform following a 25-year career at Goldman Sachs.
Open-ended plans rarely come good. When do you know the work is over?
Cheqly’s services include business accounts, physical and virtual Visa cards, ACH payments and wire transfers.
How do we mitigate the effects of leadership conflict and imprecise direction on digital transformations?
Mascoma Bank will utilise VSoft’s Teller Deposit, Branch Deposit and ATM Deposit solutions.
Laser says the deal will help bring cross-asset post-trade capabilities to institutional digital asset investors.
Sources tell Reuters that FIS will keep a minority stake in the business if the deal goes through.
Celebrating exceptional achievements and talent in payments industry worldwide.
The petition was filed on 26 June and the final hearing on the case is expected on 28 July.
An effective data integration strategy can help financial institutions improve their operational efficiency.