Banking
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
Banking
Upgrade snaps up BNPL vendor Uplift for $100m
US fintech Upgrade is set to acquire buy now, pay later (BNPL) vendor Uplift for $100 million in a mix of stocks and cash,...
Banking
Trustmi aims to stamp out B2B payment fraud with global launch
Cybersecurity fintech start-up Trustmi launches globally with a comprehensive payment security solution aimed at combating B2B payment fraud and leveraging crowd-sourced data to protect...
Blockchain
The Republic of Palau taps Ripple for first stablecoin pilot
The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...
Banking
The Philippines’ UnionBank taps NCR to manage its ATMs
UnionBank of the Philippines, the country's ninth-largest bank, partners with NCR Corporation to adopt their ATM-as-a-Service solution, aiming to enhance self-service banking for its...
Banking
Trintech snaps up Fiserv’s financial reconciliation business
Trintech, a Texas-based financial close software provider, has acquired Fiserv's financial reconciliation business, including two reconciliation solutions, Frontier Reconciliation and Accurate Reconciliation. The acquisition...
Banking
Episode Six names former HSBC exec as new chief revenue officer
Former HSBC executive Brian Muse-McKenney has been appointed as Episode Six's chief revenue officer (CRO) to expand the US payment technology provider's global presence,...
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