Challenger bank Monzo has raised another $190 million with support from Hedosophia, an early backer of Airbnb and Uber, Alphabet fund Capital G, and Singapore's Government Investment Corporation (GIC).
SoFi's self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.
Emirates NBD's digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.
iDenfy, a Lithuanian-based RegTech company offering ID verification and fraud prevention solutions, has announced a collaboration with Swiss Bitcoin Pay, a leading provider of tools for businesses to accept Bitcoin payments easily.
Digital banking giant Chime will pay more than $4.5 million to settle with the Consumer Financial Protection Bureau for illegally delaying consumer refunds.
The sustainability fintech, that works with banks to help customers lower their carbon footprint, Cogo and Bantotal, the customer centric banking platform, have established a new partnership.
Unlimit, a leading global fintech company, has today announced the partnership of its Banking as a Service (BaaS) platform with digital banking solutions provider Velmie.
