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Florida-based VyStar Credit Union has been hit with a $1.5 million penalty over the botched rollout of a new online banking system that saw members unable to access their accounts and money.
01 November 2024
Well Fargo is the latest lender to offer Early Warning Service's Paze online checkout option to its debit and credit card customers.
Commonwealth Bank of Australia has clarified comments made by the bank's chairman at its general meeting over the use of renewable power sources and water to support its AI models.
Singapore-based payments firm Airwallex is in talks to raise $200 million at a $6 billion valuation, according to Bloomberg.
31 October 2024
Confirmation of Payee in the UK has been extended to cover almost 99% of all transactions made through Faster Payments and Chaps after more financial firms implemented the fraud-fighting protocol.
The European Central bank has launched a call for expressions of interest in innovation partnerships for the digital euro.
Starling Bank has launched an in-app call indicator to protect customers from bank impersonation scams.
BNPL provider Klarna has struck a deal become a default payment offering to Worldpay merchants around the world.
Weeks after it suffered a major cyberattack, MoneyGram has replaced CEO Alex Holmes with Walmart executive Anthony Soohoo.
Banking technology vendor nCino has struck a definitive agreement to acquire UK-based SaaS regtech platform FullCircl for $135 million in cash.
30 October 2024
Mastercard has launched a GenAI-based digital assistant designed to speed up customer onboarding.
Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.
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