/regulation
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.
32 mins
/payments
Well Fargo is the latest lender to offer Early Warning Service's Paze online checkout option to its debit and credit card customers.
/ai
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.
/identity
Deutsche Bank's Corporate Venture Capital (CVC) group has made a strategic investment in identity security firm Akeyless. Terms were not disclosed.
Singapore-based payments firm Airwallex is in talks to raise $200 million at a $6 billion valuation, according to Bloomberg.
12 hours
/security
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.
13 hours
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.
14 hours
BNPL provider Klarna has struck a deal become a default payment offering to Worldpay merchants around the world.
31 October 2024
/people
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.
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