CFPB proposes rule for paycheck advance products
The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.
The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.
Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.
South East Asia’s second-largest bank, OCBC, is to invest $500 million in Punggol Digital District (PDD), with the set-up of a new 430,000 sq ft innovation hub and a multi-million dollar strategic partnership with Singapore Institute of Technology (SIT).
Business payments outfit Airwallex has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
Wise’s plan to move its primary listing to the US is drawing fire from co-founder Taavet Hinrikus and proxy advisory firms because the vote on the move will also ask shareholders to greenlight an extension of the money transfer company’s dual-class share structure.
Russia’s MTS Bank has announced it will hold an initial public offering (IPO), despite current Western sanctions on Russian banks.
Jaidev Janardana, CEO of Zopa, has blamed the media for the UK fintech sector’s focus on valuations.
Deutsche Börse Group is to acquire the remaining shares in FundsDLT, a Luxembourg-based company which uses distributed ledger technology for fund distribution and processing.
Denmark officially brought charges to Nordea in the country’s biggest money laundering case to date, stating the bank violated the Danish anti-money laundering act several times between 2012 and 2015.
Australia’s Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
The Payments Association has released its Payments Manifesto 2025, which calls for the UK government to implement 66 policies recommended by payments professionals.
RBI (Reserve Bank of India) is the latest bank to join the global Project Nexus initiative, designed to enable instant cross-border instant payments.
Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG) over claims the crypto investing company promoted the now collapsed Luna digital asset without disclosing its interest in the token.
DBS, Franklin Templeton and Ripple have signed a Memorandum of Understanding to establish repo markets powered by tokenized collateral and stablecoins.
Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.