World Business
Mastercard Seeks Processors to Share Banco Master Losses
Mastercard is reportedly asking Brazilian payment processors to absorb half of its losses stemming from the collapse of Banco Master and its...
#fintech 34 articles
Finance
House Hearing Reveals Oversight Lagging Bank-FinTech Innovation
A House committee hearing scrutinized bank-FinTech partnerships, revealing concerns that regulatory oversight struggles to keep pace with rapid innovation and new risks....
Finance
Yotta Fined $1M by California Over Deceptive FDIC Claims
California regulators fined FinTech Yotta Technologies $1 million for misleading customers about FDIC insurance before the Synapse collapse, leaving many unable to...
Finance
BBVA Embeds Banking Experience Directly Into ChatGPT for European Users
BBVA has launched a conversational banking app within ChatGPT for customers in Italy and Germany, allowing users to inquire about accounts and...
Investing
Revolut Debuts Physical Crypto Card, Bolstering Digital Asset Play
Revolut has launched its first physical cryptocurrency debit card, initially for UK and EEA customers, capitalizing on a significant rise in industry-wide...
Finance
Payments Infrastructure Faces ‘New Legacy Problem,’ Says Paymentology CEO
Paymentology CEO Jeff Parker warns that even recent digital payment infrastructure is rapidly becoming outdated, creating a new legacy challenge for the...
Stocks
Earnings Reports Confirm New Merchant Stack Control Race
Recent earnings reveal payment and commerce platforms are expanding beyond transactions to become indispensable operating systems for merchants, integrating payments, AI, and...
Finance
Revolut Boosts Business Banking Push with Employee Incentives
Revolut is offering employees £1,000 to onboard new business clients, part of an aggressive strategy to expand its business banking offerings. The...
Finance
Saudi FinTech Stitch Raises $25M Series A for Core Banking Overhaul
Saudi Arabia-based FinTech Stitch has raised $25 million in Series A funding led by Andreessen Horowitz to replace fragmented, legacy bank core...