Banking
US credit card fintech Petal reportedly eyeing potential sale
Petal, a New York-based credit card start-up, is seeking a buyer.
The company is exploring a potential sale, and sources suggest it may...
Banking
WeLab launches Bank Saqu as its second digital bank in Asia
Bank Saqu Launches in Indonesia:WeLab and Astra Financial introduce Bank Saqu, a new digital banking service in Indonesia.Record-Breaking Development:Bank Saqu...
AI
ICYMI fintech funding round-up: Refine Intelligence, Apiture, Solvimon and more
Refine Intelligence:Raised $13 million in seed funding.
Uses AI to scan AML alerts, reducing investigation time.
Plans expansion in North America, Europe,...
Banking
Lack of funding forces US credit card fintech Ness to close down
Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash...
Banking
Apple Pay rolls out new open banking feature for UK customers
New Apple Pay Feature in the UK: Open BankingApple Pay introduces a new feature in the UK.
Allows customers to link their...
Banking
Ireland’s Synch ditches plans to roll out mobile payments app
Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...
Banking
CFPB targets US fintech firms with proposals for increased regulatory scope
The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks.
Proposed regulations...
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