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The Consumer Financial Protection Bureau (CFPB) has announced a series of measures aimed at addressing illegal credit card practices and reducing financial burdens.
credit card, financial services, product launch, interest rate
UK-based Mobile banking app Monzo has launched interest on Savings Jars to enhance the savings of US customers.
interest rate, digital banking, product upgrade
Lightyear has announced the launch of its business accounts, allowing users to earn interest and make investments through the platform.
product launch, bank account, interest rate, investment
China has reduced its short and long-term interest rates to stimulate economic growth just days after a major Communist Party leadership meeting.
banks, financial institutions, interest rate, financial services
The European Central Bank (ECB) and the Bank of Canada (BoC) have been forecast to lower their benchmark rates in the coming days.
central bank, inflation, banks, interest rate
The Bank of Japan has announced its decision to set new short-term rate targets, as well as the overall ending of some of the region’s policies.
product launch, interest rate, banks, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe.
banking, product launch, interest rate, digital banking
Grant Thornton has released 2024 tax-planning guides for businesses and individuals to help taxpayers understand their planning options.
tax bill, payments , banking, interest rate
UK-based foreign exchange fintech Wise has launched a new product, Interac e-Transfer Autodeposit, that can be used by Canadian customers.
product launch, money transfer, remittance, interest rate, payments
Australia has planned to regulate Buy Now, Pay Later (BNPL) services as a consumer credit product, requiring providers to perform background checks prior to lending.
regulation, BNPL, credit, lending, financial services, instalment payments, payment methods, financial data, credit scoring, payments , fintech, financial inclusion, ecommerce, online shopping, transactions , interest rate
Retail software company Celerant Technology has partnered with consumer financing solution provider Sezzle to integrate Buy Now, Pay Later (BNPL) on its ecommerce platform.
partnership, payments , BNPL, instalment payments, financing , retail, merchants, ecommerce, marketplace, financial services, online shopping, credit, checkout optimisation , digital payments, fintech, POS, interest rate
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
Germany-based wealth tech LIQID has announced the launch of LIQID Income Strategy and LIQID Smart Start.
product launch, investment, interest rate, inflation
Brazil’s Finance Minister Fernando Haddad has advised that the country’s government is set to announce measures towards the improvement of credit conditions.
payments , lending, credit card, interest rate, instalment payments, financial inclusion, fintech, banking
UK-based digital bank Chase has announced the launch of its rewards programme with monthly cashback and the introduction of interest on current account balances.
product launch, online banking, digital banking, cashback, fintech, interest rate
Australia-based bank Westpac has announced its entrance within the buy now, pay later (BNPL) space with a product designed to withstand regulatory scrutiny.
product launch, BNPL, instalment payments, financial services, online banking, credit card, credit scoring, regulation, fintech, interest rate
UK-based payments technology company Zilch has announced a partnership with debt advice charity StepChange to help customers access financial help quicker during the current cost of living crisis.
partnership, cashback, credit scoring, financial services, financial inclusion, BNPL, debit card, funding, refund, instalment payments, interest rate, financial data
Mobile services provider Smart Communications has announced a partnership with all-in-one money app Maya to enable its postpaid subscribers to increase their savings faster.
partnership, payments , online payments, savings, digital wallet, e-wallet, interest rate, financial services