Santander has started to roll out its digital Openbank solution for customers and partners in the region of Mexico, including a new website and smartphone app
Atome Financial has secured a syndicated credit facility of up to USD 200 million, expected to accelerate financial inclusion in the region of Southeast Asia
Web3 money application Wirex has announced its partnership with Banking Circle in order to provide worldwide customers and firms with improved financial operations
The fintech couches its “cash out” product as earned wage access, but it's a loan that, at times, carries 300% interest with a poorly disclosed fee for “instant” payouts, the AG said
Revolut has been authorised by the FCA to operate as an investment firm, allowing the fintech to expand its services and provide UK and EU clients with stock trading tools
As fraudsters become more innovative in their schemes, Nacha is rolling out new rules to address emerging fraud risks, particularly scams involving business email compromise, vendor impersonation, and the increasing use of money mules.These key changes, centered around the ACH rules, began rolling out in October and will continue through 2026.In a recent PaymentsJournal podcast, Glenn Fratangelo, Head of Fraud Prevention Product Strategy and Marketing at NICE Actimize, and Suzanne Sando, Senior Analyst of Fraud and Security at Javelin Strategy & Research, discussed what financial institutions need to do to enhance their fraud detection programs to better protect both banks and customers.The Growing ThreatThere's no doubt that authorized fraud is on the rise
"Nonprofits and charities need every penny they can get to make effective change in times of crisis, yet big banks and credit card companies continue to take their cut," writes one policy analyst
