Allasso Boosts Financial Market Tools with New Investment
Allasso secures $3M investment to enhance financial trading tools. Allasso Copilot offers analytics for smarter trading decisions. Investment supports expansion…
South African Reserve Bank Opens Payments System to Nonbanks
SARB aims to grant nonbanks access to payment systems next year. Nonbank access may boost competition, innovation, and financial inclusion.…
Stablecoin Innovation Redefines Global Financial Landscape
Stablecoins advance through new capital, addressing infrastructure challenges. Investment shows shift from speculation to foundational support in finance. Collaboration with…
Revolut Plans to Enter U.S. Banking with Strategic Moves
Revolut eyes entry into U.S. banking through acquisition or licensing. The FinTech seeks to introduce consumer savings products in weeks.…
PEAC Solutions Expands with Topi Acquisition, Boosting HaaS Strategy
PEAC Solutions acquires Berlin fintech topi to enhance its digital strategy. Topi will operate independently under PEAC, serving DACH and…
Regulators Fine Bunq Over Anti-Money Laundering Failures
Bunq fined €2.6 million by Dutch central bank for anti-money laundering deficiencies. Similar penalties were faced by Monzo and Starling…
Traydstream Secures $11M to Accelerate Global Expansion
Traydstream secures $11M in funding for global expansion and AI enhancements. A collaboration with Pivot Investment Partners boosts their technological…
i2c Warns Financial Sector Against Overreliance on AI
Data plays a critical role before and beyond financial transactions. Overreliance on AI can compromise data integrity and decision-making. Balancing…
Visa Exits Open Banking in the U.S. to Target Other Profitable Regions
Visa halts its open banking business in the U.S. due to regulatory issues. The company focuses on Europe and Latin…
CFPB Reopens Debate on Open Banking Regulation Costs
The CFPB is reviewing its open banking regulation under Section 1033. Stakeholders are invited to comment on data-sharing costs and…
