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Piermont and Sutton banks face FDIC consent orders

News | Digital Identity, Security & Online Fraud | 04 Apr 2024

In February 2024, Piermont Bank and Sutton Bank each became subject to consent orders issued by the Federal Deposit Insurance Corp.

BaaS, fintech, consent, regulation, AML

Bluevine adds Allpoint to its ATM network

News | Online & Mobile Banking | 26 Jan 2024

US-based digital banking platform Bluevine has partnered with Allpoint to offer more ATM cash deposit locations to its customers.

ATM, cash management, cash flow, digital banking, SMEs

High Circle, FirstBank, and Treasury Prime partner on checking accounts

News | Online & Mobile Banking | 16 Jan 2024

High Circle, FirstBank, and Treasury Prime have teamed up to launch high-yield commercial checking accounts for high net-worth individuals.

fintech, bank account, wealth management, partnership, insurance

Bluevine launches business banking plan

News | Online & Mobile Banking | 13 Nov 2023

US-based digital banking platform Bluevine has announced the launch of Bluevine Premier, a new business banking plan designed for small businesses. 

product launch, digital banking, accounts payable, cross-border payments, SMEs

Zolve secures USD 100 mln debt facility

News | Payments General | 11 Oct 2023

Cross-border neobank, Zolve, has secured a warehouse debt facility of USD 100 million from US-based impact investor, Community Investment Management (CIM). 

funding, debt facility, cross-border payments, neobanks

Varo Bank launches Varo to Anyone

News | Online & Mobile Banking | 22 Sep 2023

US-based Varo Bank has launched Varo to Anyone, its free, instant payment service. 

mobile banking, online banking, fintech, digital banking, payment methods

Flex raises USD 120 million in Series A funding round

News | Online & Mobile Banking | 20 Sep 2023

US-based Flex has announced the raise of USD 120 million in equity and debt funding round, for launching its finance super app for business owners.

funding, investment, credit card, mobile banking, online banking, digital banking, financial services, financial institutions

Intuit launches QuickBooks Money

News | E-invoicing, SCF & E-procurement | 14 Sep 2023

Global technology platform Intuit has announced the launch of QuickBooks Money, a new subscription-free payments, and banking solution for small businesses.

product launch, payments , banking, fintech, paytech, cash management, e-invoicing, SMEs, financial data

Varo Bank extends partnership with Temenos

News | Online & Mobile Banking | 13 Sep 2023

US-based Varo Bank has extended its partnership with Temenos Banking Cloud to meet business needs and support regulatory requirements.

partnership, banking, fintech, online banking, mobile banking

SAB partners with Wise to augment international remittances

News | Payments General | 06 Sep 2023

Saudi Awwal Bank (SAB) has partnered with Wise to offer fast, secure, and cost-effective solutions for sending and receiving money internationally.

remittance, money transfer, banking, digitalisation

Bluevine raises FDIC insurance coverage to USD 3 mln for customers

News | Online & Mobile Banking | 06 Sep 2023

US-based digital banking platform Bluevine has expanded FDIC insurance protection to USD 3 million through for Bluevine account holders.

digital banking, insurance, SMEs, fintech, bank account

The growing influence of BigTech companies in payments and financial services

Voice of the Industry | Online Payments | 04 Sep 2023

Tue To, Manager at Edgar, Dunn & Company, dives into the ways in which BigTech giants are reshaping finance, blurring boundaries, and disrupting traditional banking with innovation and embedded financial services.

ecommerce, bigtech, real-time payments, Open Banking, embedded finance, digital payments, banks, BaaS, growth markets, financial services, credit card, e-wallet, fintech, payments

Rho acquires Capital

News | Online & Mobile Banking | 01 Sep 2023

US-based all-in-one financial platform Rho has completed a transaction to have Capital, a fundraising and banking platform, join Rho.

acquisition, wealth management, accounts payable, payment methods, compliance

bunq secures EUR 44.5 mln in growth capital

News | Online & Mobile Banking | 25 Jul 2023

Netherlands-based neobank bunq has announced it secured an additional EUR 44.5 million in growth capital, bringing the total capital received in 2023 to almost EUR 100 million.

funding, investment, expansion, banking, fintech, paytech, online banking, neobanks, startup

BNY Mellon and MoCaFi increase financial inclusion in the US

News | Online & Mobile Banking | 09 Jun 2023

US-based BNY Mellon has partnered with fintech platform MoCaFi to bring digital payments to unbaked and underbanked communities in the US.

banking, financial inclusion, digital payments, bank account, partnership

Keyless and Synpulse partner to bring anti-phishing MFA to the UK

News | Digital Identity, Security & Online Fraud | 17 May 2023

Passwordless authentication provider Keyless and global management consulting company Synpulse partner to bring anti-phishing MFA to the UK.

partnership, fraud detection, identity verification, account takeover, digital identity

Regulators shut First Republic Bank; JPMorgan to buy USD 330 bln assets

News | Online & Mobile Banking | 02 May 2023

First Republic Bank (FRB) has fallen over, but the Federal Deposit Insurance Corporation (FDIC) is closed by the California Department of Financial Protection and Innovation.

regulation, banks, acquisition, financial institutions, financial services

Wise rolls out new interest feature for US customers

News | Online Payments | 26 Apr 2023

UK-based Wise has offered its US customers and businesses the opportunity to opt for receiving 3.92% APY on their USD balances with a new interest feature.

money transfer, remittance, interest rate, product launch, digital currency

Maast launches embedded finance solutions for software providers and SMBs

News | Online & Mobile Banking | 25 Apr 2023

Maast, an US-based embedded finance fintech, has unveiled new embedded finance solutions aimed at independent software vendors (ISVs) and software providers.

embedded finance, product launch, SMEs

VantageScore launches MarketGain

News | Online & Mobile Banking | 25 Apr 2023

US-based VantageScore has announced the release of its MarketGain product, aimed to offer data-driven insights on addressable markets to fintechs and lenders.

product launch, online banking, digital banking, mobile banking, banking, lending, financial services, financial institutions