Fintech News

 

JPMorgan Chase & Co. plans to charge tech firms for access to customers' data, a move that could total hundreds of millions of dollars and has sparked opposition from tech firms and consumer advocates. SaverLife CEO Leigh Phillips has more on the story. (Source: Bloomberg)...

When Parthi Duraisamy was a consultant at McKinsey's Dubai office, he discovered that the American Express cards his company relied on for corporate expenses were rarely accepted in the Middle East. This forced Duraisamy to cover significant travel expenses out of pocket and file endless expense reports. “It was a constant pain,” Duraisamy explained on […]...

A Dubai-based fintech founded by two former McKinsey & Co. consultants has raised $48 million, underscoring continued investor confidence in Middle Eastern startups....

Tencent Holdings Ltd. and VR Capital Group led an equity financing round into Uzum that values the Uzbek fintech and e-commerce company at about $1.5 billion....

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SoFi has positioned itself as a high-growth, technology-driven financial powerhouse....

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Christopher Weafer noted that mass adoption of QR codes and bio acquiring for payments in Russia is inevitable...

In late 2024, US regulators put an end to a longstanding fight between banks and technology companies over control of their customers' financial data: Customers have the right to demand, download and transfer their data, for free, per the Consumer Financial Protection Bureau's landmark open banking rule....

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Futu Holdings und UP Fintech liefern sich beim boomenden asiatischen Online-Brokerage ein spannendes Duell. Während Futu mit Marktführerschaft und starken Fundamentaldaten punktet, zeigt UP Fintech dynamisches Potenzial!Jetzt den vollständigen Artikel lesen...

SAN FRANCISCO, Kalifornien (IT-Times) - SoFi Technologies hat heute seine Ergebnisse für das zweite Quartal 2025 vorgelegt und ein beshcleunigtes Umsatzwachstum......

In a CXO Connect interview with The Times of India, Airtel Payments Bank CMO Shilpi Kapoor explains why positioning the bank as a “safe second account” is its biggest strength. Focused on trust, inclusion, and ease, the bank caters to both rural first-time users and urban customers wary of digital fraud. Innovations like one-touch Fraud Alarm and instant CKYC onboarding underscore its safety-first strategy. Kapoor challenges vanity metrics, favouring lifetime value and personalised engagement. With 40% of accounts now opened by women, and a sharp focus on purposeful marketing, she champions agility, empathy, and consumer insight over noise and speed....

Kantonalbank - Die Glarner Kantonalbank (GLKB) geht eine Zusammenarbeit mit dem auf Mietkautionen spezialisierten Fintech Zinsli ein....

Shareholders in Wise, a rare U.K. tech success, voted in favor of moving its main stock listing to New York and extending dual-class shares by a decade....

JPMorgan, the biggest U.S. bank by assets, is preparing to charge fintech middlemen like Plaid and MX new fees for access to customer data....

Co-founder Kristo Käärmann gains enhanced voting rights in controversial moveThe UK online payments company Wise is to move its main share listing to the US after shareholders approved the move on Monday.Investors in Wise, one of the biggest financial technology businesses in the UK with a market value of around £11bn, voted in favour of a dual listing in the US in an attempt to attract more investors and boost its value. Continue reading......

Wise Plc shareholders approved a proposal to shift its primary listing out of London, a move that will also allow Chief Executive Officer Kristo Käärmann to keep his so-called golden shares for many more years....

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NatWest, Lloyds and the other banks have no room for complacency....