Historically, banks built security the same way they built vaults: thick walls, high fences and minimal exposure. But digital transformation has upended that perimeter. Open banking APIs, third-party FinTech integrations, cloud-native architectures and rapid app deployments have created an attack surface far too broad for...
To get a sense of where banking regulation may be headed, Federal Reserve Governor Michelle Bowman’s comments and priorities laid out in remarks and speeches offer some insight. President Donald Trump announced last week that he picked Bowman to serve as vice chair for supervision...
Paris-based wealth management FinTech RockFi has raised $19 million in new funding. The company says its Series A round, announced Monday (March 24), will help it pursue its goal of having $1 billion in assets under management by the end of next year. RockFi also plans to recruit 60...
United Kingdom FinTech Monzo debuted a tool to help consumers share expenses with friends and family. Monzo Split is aimed at solving what the company said is a persistent problem in the U.K. Consumers lose money because they feel too awkward to ask to be...
March 26, 2025
Historically, banks built security the same way they built vaults: thick walls, high fences and minimal exposure. But digital transformation has upended that perimeter. Open banking APIs, third-party FinTech integrations, cloud-native architectures and rapid app deployments have created an attack surface far too broad for static defenses. Banks’ security postures have to evolve in parallel […]
March 24, 2025
To get a sense of where banking regulation may be headed, Federal Reserve Governor Michelle Bowman’s comments and priorities laid out in remarks and speeches offer some insight. President Donald...
March 21, 2025
When financial institutions and payments players talk about their “blockchain strategy” today, what they’re really grappling with is architecture. Amid the noise surrounding crypto, tokens and Web3 hype cycles, the...
March 19, 2025
The shakeup and shakeout of banking-as-a-service (BaaS), in the wake of the Synapse bankruptcy last year, has opened up new potential for embedded finance. Money mobility’s at the center of...
March 26, 2025
Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. The company’s funding round, announced Tuesday (March 25) on its LinkedIn page, will help Burbank develop its “Card Present over Internet” (CPoI) tool, which it calls a first-of-its-kind technology aimed at addressing fraud and chargeback issues. The tool lets users make […]
March 24, 2025
Paris-based wealth management FinTech RockFi has raised $19 million in new funding. The company says its Series A round, announced Monday (March 24), will help it pursue its goal of having $1 billion in...
March 24, 2025
United Kingdom FinTech Monzo debuted a tool to help consumers share expenses with friends and family. Monzo Split is aimed at solving what the company said is a persistent problem...
March 19, 2025
Embedded finance platform NymCard has raised $33 million to extend its MENA region presence. The company’s Series B round, announced Wednesday (March 19), was led by QED Investors, and marks that group’s biggest investment...
