UK Government Plans to Abolish Payment Systems Regulator
The UK government will abolish the Payment Systems Regulator and merge it with the FCA. Officials claim the move will…
BNY Expands Services for Circle, Facilitating Stablecoin Transactions
BNY is expanding its partnership with Circle, allowing select clients to transact stablecoins. This development indicates increasing acceptance of digital…
FTC Sends Refunds After Career Step Settlement Over Deceptive Ads
The FTC is refunding $15.5 million to Career Step students affected by deceptive advertising. Career Step allegedly misled consumers about…
Fortis Secures Investment to Expand Embedded Payments Offerings
Fortis secured funding from Audax Private Equity and Lovell Minnick Partners. The investment will support Fortis’ expansion, product development, and…
Vimeo Rejects AI Training Deals and Focuses on Creator-Centric Tools
Vimeo declines AI training deals to protect user-generated content. The company introduces AI tools for searchability and translation without affecting…
Worth Secures $25 Million to Expand Financial Automation Services
Worth raised $25 million to expand its financial automation platform. The company’s technology streamlines underwriting and onboarding for financial institutions.…
Elea Secures €4M to Expand AI-Driven Healthcare Platform
Elea raised €4 million to expand its AI-driven healthcare platform. The company automates administrative tasks, allowing clinicians to focus on…
GoTo Considers Potential Merger with Grab as Competition Intensifies
GoTo CEO Patrick Walujo remains open to a potential merger with Grab. The combined company's market value would be around…
Cano-ela Secures €1.6M to Expand Plant-Based Ingredient Production
Cano-ela raised €1.6M to expand production of plant-based canola-based ingredients. The company aims to scale operations and collaborate with food…
Banking Technology Struggles to Meet Consumer Expectations for Instant Transactions
Banks struggle to meet consumer demand for real-time financial transactions. Institutions are adopting modular and cloud-based infrastructure to enable faster…
