Big Tech Compliance

Credit union service organization (CUSO) Velera has unveiled a cloud-native technology designed to support credit union innovation. The new Velera Ecosystem includes the CUSO’s cloud-native technology stack, called Stellaris, and its ...

OpenAI has acquired artificial intelligence-(AI) powered personal finance startup Hiro Finance. The deal will see Hiro’s team join OpenAI, founder Ethan Bloch said in a LinkedIn post Monday (April 13). Bloch ...

U.K. FinTech Wise is reporting a surge in cross-border transactions ahead of its Nasdaq listing. In a trading update Monday (April 13), the company says those transactions jumped 26% during its fourth quarter to 49.4 ...

For decades, credit and payment decisions have relied on static scorecards and rigid “if-then” rules built for a slower payments environment. That model is now under strain. As transactions move ...

Forget software patches and firewalls. The threat of physics itself is kicking off what is perhaps the most consequential cybersecurity arms race in the digital era. Quantum Day (Q-Day), the moment ...

Oracle is accelerating its push into agentic artificial intelligence, unveiling new capabilities across financial crime compliance, human resources, customer experience, finance and supply chain applications as competition intensifies around AI-driven ...

Credit union service organization (CUSO) Velera has expanded its Fintech Engagement Program to include FinTech partners that will offer credit unions discounted pricing, waived fees or other exclusive benefits. Velera announced ...

The Treasury Department has proposed a rule that would require permitted payment stablecoin issuers (PPSIs) to adhere to anti-money laundering (AML) and sanctions compliance obligations. The proposal was included in a joint proposed rule issued Wednesday (April 8) ...

Regulators’ proposed anti-money laundering (AML) rulemaking, introduced this week, offers a clear path for how compliance will be expected to operate as financial services continue to digitize and expand across ...

Pay by Bank provider Trustly says it now has more than 120 million users worldwide.  “Trustly’s rapidly growing user base reflects the increasing adoption of Pay by Bank seen around the ...

The Middle East has, in recent years, stood out among the more productive settings for payments innovation, where digital adoption and infrastructure development have advanced in tandem and given rise ...

Cryptocurrency exchange Binance is reportedly losing its chief compliance officer. Noah Perlman was hired after the company settled a criminal case with the U.S. government in 2023 and is now hoping ...

Cryptocurrency exchange Coinbase last week won conditional regulatory approval for a national banking trust charter. And much like previous approvals, this one has drawn criticism from the banking sector, represented here ...

Bolt has cut at least a third of its workforce amid reports of financial pressures. The move by the one-click checkout startup was first reported Sunday (April 5) by FinTech Business ...

The history of technology is littered with winners and losers. The winners typically have at least one thing in common: they were able to control the primary interface between large ...

Chime has launched a premium membership tier that rewards members who make Chime their primary checking account. The new Chime Prime is automatically delivered to members who receive at least $3,000 ...

Operating under a nation’s laws doesn’t mean that a business is necessarily complying with them. Innovation, after all, can often outpace regulation. The digital asset sector is well aware of this ...

Senator Elizabeth Warren says the Trump administration’s tariffs have helped tech companies escape regulation. The Massachusetts Democrat issued a letter Wednesday (April 1) to U.S. Trade Representative (USTR) Ambassador Jamieson Greer on what she called the ...

Money transfer FinTech Wise is making a new push into the banking space. The company on Monday (March 30) announced the launch of its UK Current Account, framing it as a challenge to Great Britain’s ...

Plaid’s chief financial officer says the financial data network is not racing to go public. Preparations for the initial public offering (IPO) are ongoing, but Seun Sodipo told The Wall Street Journal (WSJ) ...

The earliest interactions between a consumer and a financial provider rarely take place in a branch, and the account opening is just the beginning. The most important moment, arguably, happens ...

David Sacks has left his role as White House special advisor for AI and crypto and shifted to a new role as co-chair of the President’s Council of Advisors on Science ...

The assumption that consumers are motivated primarily by upside has defined the go-to-market playbooks of payments companies, FinTechs and consumer brands for years. However, findings in the January report “Wage to ...

President Donald Trump has appointed 13 tech leaders to an advisory committee focused on strengthening American leadership in science and innovation. The newly appointed members of the President’s Council of Advisors ...

Worth raised $30 million in a Series A funding round for its platform that helps financial institutions, FinTechs and payment providers onboard and underwrite small and medium-sized businesses (SMBs). The company ...

For all the urgency surrounding artificial intelligence, many companies are still in Automation 1.0. While AI as a buzzword has become shorthand for progress, inside most organizations, what is labeled “AI” ...

UK-based FinTech Revolut says its subscription income helped drive record profits last year. The company released its annual report Tuesday (March 24) showing profits of $2.3 billion, with revenues of $6 ...

Watch more: TechReg Talks With Progressive Policy Institute’s Dr. Michael Mandel Governments are reexamining technology as industrial policy increasingly confronts an era defined by artificial intelligence and uneven economic gains. Dr. Michael ...

A scam often works because the payment happens before the victim has time to think. More than half of scam payments are made within 24 hours, according to “Financial Scams and ...

Alibaba is reportedly increasing its AI and computing storage prices by up to 34%. That’s according to a report Wednesday (March 18) from Bloomberg News, which says this places the Chinese tech giant ...

Healthcare CFOs today are walking a tightening wire. System and network margins are under structural pressures, policy risk is rising across the industry and clouding long-term planning, all while the ...

Digital bank/pay later company Klarna says its global merchant base now exceeds 1 million. The number of merchants offering the company’s payment methods rose by 47% in the last year, the ...

In the digital economy, not every war is fought over market share. Some are fought over principle, some over pricing and some, let’s be honest, because an adult in a ...

Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa (EMEA) region over the next ...

 Meta delayed the launch of Avocado, its next-generation artificial intelligence model. The company pushed the release to at least May from a planned debut this month, The New York Times reported ...

FedEx aims to have artificial intelligence agents participating in more than half of its core operational workflows by 2028, The Wall Street Journal reported Friday (March 13). “Every employee and every ...

Amazon Web Services, Nvidia and MassRobotics have named nine startups for the 2026 cohort of the Physical AI Fellowship, highlighting the growing push to develop artificial intelligence systems that operate ...

FinTech Wizz Financial achieved a company milestone for cross-border transactions, according to a Thursday (March 12) press release. Wizz completed its first stablecoin-powered cross-border remittance and treasury transaction originating from the ...

Revolut’s long journey to obtaining a U.K. banking license has reached its end. The London-based FinTech announced Wednesday (March 11) that it had landed regulatory approval from the Prudential Regulation Authority (PRA) to launch as a ...

Thredd is working with Cross River Bank to help international FinTechs enter the U.S. The collaboration makes Thredd one of Cross River’s strategic processing partners outside of the bank’s own stack, the companies said ...

Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal banking regulators the Office of the ...

Traditional enterprise software wasn’t designed for artificial intelligence (AI) agents, which interpret prompts, cross systems, retrieve data and act autonomously—unlike older, rules-based applications. This difference brings new governance challenges as companies ...

Priority Technology Holdings saw growth across its three segments in the fourth quarter as customers sought the payments and treasury solutions delivered by its connected commerce engine, Priority Chairman and ...

FinTech Propel Holdings debuted FreshLine, an unsecured personal line-of-credit offering, according to a Tuesday (March 10) press release. The Toronto-based company also received a $150 million commitment to support FreshLine’s launch ...

Financial crime and compliance platform Sigma360 has raised $17.3 million in new funding. The company says its Series B round, announced Tuesday (March 10), will help it strengthen its risk intelligence datasets, deepen its artificial ...