Congress Targets Key Financial Services Legislation with Focus on Digital Assets and Credit Cards
Congress reviews financial legislation, including credit cards, digital assets, and AI. Credit Card Competition Act sparks debate over transaction routing…
ClearScore Expands Reach with Acquisition of Aro Finance
ClearScore acquires Aro Finance to expand its embedded finance capabilities. The acquisition supports ClearScore’s growth in credit brokering and debt…
Regions Bank Adopts Axway’s Open Banking Solution for Enhanced Data Security
Regions Bank partners with Axway to deploy Amplify Open Banking technology. The system enhances security by eliminating third-party credential sharing…
Finastra Appoints Chris Walters as New CEO
Finastra has named Chris Walters as its new CEO, replacing Simon Paris. Walters brings extensive leadership experience in financial services…
FinTech IPO Index Faces Profit and Platform Challenges in 2025
FinTech IPO Index rose 58% in 2024, far exceeding Nasdaq's 28.6% growth. Acquisitions, including Nuvei and MoneyLion, highlight a focus…
Checkout.com Cuts Losses by $132M and Reduces Workforce by 72%
Checkout.com reduced pre-tax losses to $6M in 2023, down from $138M in 2022. The company terminated ties with Binance, leading…
Trump’s Potential Policies May Influence Debanking Practices
Debanking debate resurfaces with Trump's potential return to office. Critics argue banks unfairly target crypto and fintech sectors. Clear regulations…
Dave Faces DOJ Lawsuit Allegations on Misleading Practices
Dave is facing a DOJ lawsuit over deceptive advertising claims. The lawsuit alleges hidden fees and misleading cash advance practices.…
Aria Eyes UK Expansion with Invoice Financing Solutions
Aria, a Paris-based fintech, tackles SMEs' late payment issues. UK expansion significantly boosts Aria's revenue, with future growth plans. Profitability…
MyTU Navigates Challenges to Emerge as a Leading AI-Driven Neobank
myTU launched as a travel bank before the pandemic disrupted its plans. The company pivoted to serve underbanked sectors with…
