Tag: Fintech

Marqeta takes over Square Credit Card processing

Marqeta, a modern card issuing platform, has taken over processing of the Square Credit Card, Block’s business credit product for Square sellers, which operates...

Finastra launches StandbyX for US banks handling SBLCs

Finastra, a financial software provider, has launched StandbyX, a cloud-based platform designed to help US banks automate standby letter of credit (SBLC) processing without...

Acorns buys Frich to attract the next generation of investors

Acorns, a US financial wellness and investing platform, has acquired Frich, a peer-led financial education community with 1.6 million members, as it looks to...

Jack Henry connects to Google Cloud’s digital ledger

Jack Henry, a financial technology provider serving more than 7,200 banks and credit unions, is expanding its partnership with Google Cloud to bring tokenised...

Legacy systems threaten AI ambitions in compliance

Financial institutions are layering AI onto compliance operations that were never built to support it, and that mismatch could undermine the automation gains many...

Banks overrate fraud readiness by 13.3 points, Feedzai finds

Feedzai, the company behind a new global index measuring fraud preparedness, has found that banks and FinTechs believe they are better equipped to fight...

Bangkok Blueprint sets global playbook against cyber fraud

The International Monetary Fund (IMF) and the World Bank Group (WBG), the global institutions supporting monetary stability and economic development, have unveiled the Bangkok...

HKEX T+1 plan puts brokers on notice for 2028

Hong Kong Exchanges and Clearing Limited (HKEX) has published the results of its consultation on accelerated settlement and confirmed that it aims to move...

Why the first 72 hours can make or break enforcement cases

When a regulatory enforcement matter emerges, a firm’s stance is often fixed within three days, well before most teams have pieced together what actually...

FinTech funding tops $2.8bn as Ramp leads with $1.85bn raise

More than $2.8bn was raised across FinTech funding rounds this week, compared to $1.33bn last week, with 17 deals across artificial intelligence, payments, insurance,...

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