Industry News

The US Federal Reserve has released details for its first climate scenario analysis exercise for the six largest US banks.

TrueLayer has become the first participant in the SEPA Payment Account Access Scheme (SPAA).

Nearpay, a Saudi FinTech startup specialising in payment infrastructure as a service, has achieved a milestone of raising $14m funding.

Fantix, a NYC-based privacy safe AI model development startup, has successfully raised $1.6m in its maiden funding round.

Mettle, the free business bank account crafted for the self-employed by NatWest, has stepped up its game by incorporating the award-winning accounting software, FreeAgent's,...

GuidePoint Security, a prominent figure in the realm of cybersecurity, has successfully completed its recent round of funding.

In a stride towards combating financial crimes, the US introduced the CTA, designed to peel back the layers of secrecy often associated with business entities.

As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.

Rainbow, a digital managing general underwriter specialising in small business insurance, has recently secured a significant $12 million in seed funding. According to FinTech...

In a recent post by Encompass Corporation, the firm outlined what will be the future of the KYC industry in 2024.