Company News

The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, National Association after allegations of opening unauthorised accounts for consumers.

South Africa-based bank Absa has suffered a security breach that compromised personal data about customers.

UK challenger bank Starling Bank has added WealthTech Nutmeg to its marketplace.

Rishi Sunak, the chancellor of the Exchequer, announced a string of new initiatives to boost the InsurTech and FinTech industry as part of his first spring budget.

InsurTech AgentSync has secured $6.7m in a new funding round led by Craft Ventures.

Newly-launched reinsurer Conduit Holdings has made a strong start to its time as a listed business after seeing its share value rise above its initial 500 pence offering in its first day of trading.

Several celebrities, including Justin Timberlake, are among the investors behind teen banking app Step's new $50m Series B round.

FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.

Artificial intelligence is one of those buzzwords that keep popping up in investor and sales pitches. But where will AI have the biggest impact on the financial sector?

FinTech unicorn PingPong has been granted a licence to operate as an electronic money institution by the Commission de Surveillance du Secteur Financier in Luxembourg.