Global
Global: Treasury Department Pushes for Greater Oversight of FDIC and OCC
The U.S. Treasury Department is reportedly drafting new recommendations aimed at strengthening its control over key banking regulators, specifically the Office of the ...
Fintech
Yango Ventures Unveils $20M Fund to Drive African Startup Growth
Yango Group, a global tech company, has launched Yango Ventures, a corporate venture fund aimed at empowering early-stage startups across sub-Saharan Africa, Latin ...
Fintech
MoonPay Secures $200 Million Revolving Credit Line from Galaxy to Strengthen Crypto Infrastructure
MoonPay has secured a $200 million revolving credit line from Galaxy, a leading digital asset financial services and investment management firm. This substantial ...
Global
Global: Inspector General Report Highlights Cybersecurity Risks and IT Expertise Shortages in U.S. Banks
A recent audit by the Federal Deposit Insurance Corporation (FDIC) Office of Inspector General has raised concerns about the growing cybersecurity risks facing ...
Fintech
Global: ABK-Egypt and Visa Partner to Advance Digital Payment Solutions
Al Ahli Bank of Kuwait-Egypt (ABK-Egypt) has entered into a long-term strategic partnership with Visa to enhance digital payment solutions and offer customers ...
Global
Global: Fed-Backed Working Group Proposes Scam Information Sharing Network for US Payments Industry
A Federal Reserve-backed working group has proposed the establishment of an independent information exchange framework to serve as a centralized hub for scam ...
Fintech
Global: LoanPro and NovoPayment Partner to Enhance Financial Inclusion in Latin America
Credit technology provider LoanPro has entered into a strategic partnership with financial infrastructure firm NovoPayment to advance financial inclusion across Latin America. Announced ...
Fintech
Global: FTC Shuts Down Click Profit for Deceptive eCommerce Promises
The Federal Trade Commission (FTC) has taken legal action against eCommerce platform Click Profit, accusing the company of misleading consumers with false claims ...
Fintech
Crossmint Secures $23.6 Million to Advance Blockchain Application Development
Crossmint, a leading blockchain infrastructure provider, has raised $23.6 million to accelerate the expansion of its platform, which simplifies blockchain application development for ...
Fintech
Global: Mastercard and Paymentology Strengthen Card Issuance to Empower South African Fintechs
Mastercard is expanding its collaboration with Paymentology, a global leader in next-generation issuer processing, to enhance card issuance capabilities for fintech companies in ...