CFPB rules that BNPL lenders should be treated as credit cards
The US Consumer Financial Protection Bureau has ruled that buy now, pay later lenders should be treated in the same way as credit cards.
The US Consumer Financial Protection Bureau has ruled that buy now, pay later lenders should be treated in the same way as credit cards.
JPMorgan Chase has consolidated its reputation as an AI research powerhouse, according to new data from benchmarking platform Evident.
Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.
S&P Global and Coinbase Ventures have joined a $6 million funding round for Credora, a startup that has built privacy-preserving technology for real-time credit analytics.
Half a decade after pivoting from P2P lending to become a bank, Zopa has entered the UK current account market.
Spanish banking group BBVA is stepping up its use of artificial intelligence, signing a deal with OpenAI to start rolling out ChatGPT to thousands of employees.
The Consumer Financial Protection Bureau (CFPB) has taken another step designed to promote open banking in the US, finalising a rule for recognising data sharing standards and preventing incumbents from “squelching” startups.
BNP Paribas is the latest banking giant to invest in AccessFintech, joining a previously announced Series C funding round for the capital markets specialist.
Shares in UK digital banking startup Fiinu have plunged after the lender had its restricted banking licence withdrawn in the face of challenging market conditions.
Cloud-based core banking provider Nymbus has raised $53 million in a funding round led by existing investor Insight Partners.
In a UK first, a man has pleaded guilty to illegally operating a network of crypto ATMs without FCA registration.
Fresh from a $17 million fundraising round, capital markets apps platform OpenFin has appointed former Goldman Sachs MD, Tim Dinsdale, as European chief technology officer.
Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.
The founder of an Australian robo-advisor has accused the country’s banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay
Innovation matchmaking platform Matchi has launched a global fintech innovation challenge, inviting aspiring startups to pitch working prototypes to a pool of global banks.