The Financial Conduct Authority has sent an information request to large banks and building societies worldwide in order to investigate account closures
While debit card transactions have always been popular, new digital technology and the surge of fintechs are catapulting debit usage in previously unimaginable ways.No longer used simply for pulling cash out of ATMs, debit transactions today span virtually every payment type that consumers could want
India-based Airtel Payments Bank , a multi-segment fintech, has launched an eco-friendly debit card for its new and existing customers with a savings bank account
Financial data optimisation company Rightfoot has unveiled its zero-login consumer-permissioned data product Connect Magic and a USD 15 million Series A funding round
Fintech company Sila has announced the launch of its Instant Settlement offering to better ACH debit accessibility, enabling users' immediate access to ACH debits on the Sila platform
Aavenir has unveiled Contractflow, a Generative AI product that comes with advanced AI for streamlined contract reviews, negotiations, and risk management
EY US has partnered with AI SaaS company SymphonyAI to help digitally transform organisations with generative AI-enabled retail and financial services platforms