The founders of earned wage access giant DailyPay have unveiled a new venture, called Salt Labs, providing a rewards platform for hourly workers.

Routefusion, an Austin-based financial infrastructure provider that helps platforms and FIs embed cross-border payments and multi-currency account capabilities, has raised $26.5 million in Series A funding.

The UK government has begun a procurement process to find an open banking technology supplier for use with its Universal Credit social security payments.

Ikigai, the wealth management and banking app for affluent millennials, has raised almost £2 million in a crowdfunding campaign via CrowdCube to accelerate its product roadmap and tech team.

UK bank Lloyds has teamed up with travel technology platform Hopper to let customers book flights and accommodation directly from its app.

German fintech GreenBanana has launched a platform that connects retailers with buy now, pay later providers in more than 25 countries.

A Federal Reserve-backed working group has recommended that the US payments industry set up an independent information exchange framework to provide a single source for scam intelligence across payment rails.

62.1% of UK consumers see mobile app fraud as a top concern, with 50% also citing hacking as a fear, according to findings from the Open Worldwide Application Security Project (OWASP) and Appdome.

Santander is merging its Openbank digital brand with its consumer finance business across Europe in a move designed to simplify operations.

Following her virtual session, ‘Democratising data-driven decisions with self-service tools’ at the Apidays conference, Yojas Samarth, senior data engineer, tech speaker and tech trainer at DBS Bank, speaks to Finextra Research regarding the nuance of training teams to effectively utilise data platforms.

Sidekick has launched a new UK digital wealth platform built to serve six-figure earners who’ve outgrown basic financial products but don’t have the millions needed to access private banks.

Mexican neobank albo has closed on a $40 million growth funding round as it eyes profitability in 2024.

Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of the year, according to new data from UK Finance.

As customers increasingly experience more consistent, personalised treatment from companies across a wide variety of industries, it is natural for them to expect—and require—the same of financial services providers.