Global financial technology leader FIS (NYSE: FIS) has launched an enhanced version of its flagship mobile banking application for financial institutions.
The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds.
Building Societies are failing to convert high customer satisfaction rates into expanding their customer base, and risk losing market share within the younger demographic to challenger and neobanks with superior digital offerings, according to a new report from Moneyhub.
Alpian, Switzerland's first premium digital bank, today announced significant milestones, including substantial growth, the completion of the last step of its pivotal Series C, totaling CHF 76M of which CHF 40M to be executed upon the regulatory approvals.
Finance in Common (FiCS), the Inter-American Development Bank (IDB), and Climate Policy Initiative (CPI) launched the FiCS Financial Innovation Lab (FiCS Lab), a new global platform to help public development banks in emerging markets and developing economies to mobilize private capital and expand climate finance.
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund backed by Riyad Bank to drive transformative growth in Saudi Arabia's FinTech sector, in line with the objectives of Saudi Vision 2030 and the Financial Sector Development Program.
The Consumer Financial Protection Bureau (CFPB) today sued the online lending platform SoLo Funds for deceiving borrowers about the total cost of loans.
