New York’s federal district court ruled that the U.S. Office of the Comptroller of the Currency (OCC) does not have the power to grant national...
B2B FinTech BitPesa, which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion...
Carlos Costa, the head of the Bank of Portugal and member of the European Central Bank (ECB) board, said banks are going to have to...
In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. Also, Visa’s “She’s Next, Empowered by Visa” initiative is...
British FinTech startup Revolut is collaborating with Mastercard to help it expand into the U.S. by the end of 2019, Mastercard said in a press...
McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct....
The head of the Financial Crimes Enforcement Network (FinCEN) has warned FinTech firms that they must abide by anti-money laundering (AML) laws. Get the Full...
Recent weeks have seen headlines in the financial press heralding the death of unicorns — tech companies that are (or were) valued at $1 billion...
It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various parts of the...