Tag: BankingTech
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers...
Migrant-focused fintech Comun lands $21.5m Series A
Funding Round: Comun, a US-based fintech serving Latino migrants, has secured $21.5 million in Series A funding led...
Banking Tech Awards 2024 nominations deadline extended to 6 September
Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due...
ClearBank secures new Credit Institution Licence from the ECB to expand into Europe
ECB Licence Granted:ClearBank Europe N.V., the European branch of ClearBank, has been granted a Credit Institution Licence...
ClearBank secures new Credit Institution Licence from the ECB to expand into Europe
ECB Credit Institution Licence:ClearBank Europe N.V., the European entity of London-based ClearBank, has been granted a Credit...
Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:Objective:The Bank of England (BoE) has released a discussion...
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card...
Dosh seeks licence to become a bank in New Zealand
Dosh Aims to Become New Zealand's First Locally-Owned Digital-Only Bank: Key PointsCompany Background:Dosh, a New Zealand-based fintech,...
ECB publishes progress update on digital euro preparation phase
ECB Digital Euro Progress Report: Key PointsPreparation Phase Progress:The ECB's digital euro preparation phase has been underway...
Frost Bank in Texas taps Finzly for instant payments
Frost Bank Partners with Finzly for Instant Payments: Key PointsPartnership Announcement:Frost Bank has chosen fintech company Finzly...
FreeBnk partners E Money Network to issue blockchain-based IBANs
FreeBnk Partners with E Money Network: Key PointsPartnership Overview:UK-based fintech FreeBnk collaborates with E Money Network, a...
Italian fintech Banca AideXa secures €16m capital raise
Banca AideXa Secures €16 Million in New Capital: Key PointsNew Funding and Total Capital:Secured €16 million in...