The fintech world and retail landscape are experiencing significant shifts. PrizePool, a neobank renowned for offering attractive banking rewards, has announced the closure of its consumer app, leaving many customers in a scramble to reroute their financial activities. Amid its acquisition, the
In an ambitious bid to understand the rapidly evolving relationship between traditional banks and the burgeoning fintech sector, U.S. banking regulators have issued a comprehensive request for information (RFI). Released by the Office of the Comptroller of the Currency (OCC), the Federal Reserve
The financial technology sector is witnessing a substantial shift as community banks increasingly adopt innovative solutions to enhance their offerings. Northeast Bank, based in Minnesota, has embraced this trend through a strategic partnership with Corserv. This initiative aims to introduce a new
Cybersecurity remains a critical concern in today’s digital landscape, particularly for startups and small to medium-sized businesses (SMBs). Often, these companies struggle to implement robust security measures due to limited resources and expertise. The emergence of Endari, a new cybersecurity f
KYND Limited, a leading provider of cyber risk management solutions, has recently expanded its operations into the United States. This strategic move comes amidst an escalating landscape of cyber threats, meeting the urgency for insurers to better understand and manage cyber risks. This article
AmInvestment Bank, a subsidiary of the Ambank Group in Malaysia, is making headlines with its strategic deployment of Broadridge Financial Solutions Inc.'s Securities Finance and Collateral Management platform. This initiative marks a significant milestone in the financial industry,
Visa, a global leader in digital payment solutions, has introduced a comprehensive online toolkit tailored specifically for small and medium-sized businesses (SMBs) in Vietnam. This toolkit aims to help merchants easily adopt contactless payment methods, leveraging the benefits of increased speed,
The financial technology landscape is rapidly evolving, driven by strategic partnerships and acquisitions that enhance service offerings and integrate financial solutions into various platforms. Stripe, a leading fintech company, has made significant strides in this domain through its collaboration
Revolut, the British fintech giant, has recently achieved a significant milestone—receiving a banking license in its home market, the United Kingdom. This development marks a pivotal moment for the company, as it seeks to transform its UK operations and solidify its standing in the fintech l
The finance world's integration with blockchain technology, especially through the fintech sector, has significantly revolutionized traditional financial systems. Blockchain, an immutable and distributed database, offers a secure, transparent, and decentralized way of handling transactions,
