September 17, 2024
NEW YORK (AP) — Your wallet could soon get thinner. Visa announced major changes Wednesday to how credit and debit cards will work in the United States in the coming months and years. These new features could mean Americans will carry fewer physical cards in their wallets and make the 16-digit credit or debit card
September 14, 2024
Are you fascinated by new technologies like cryptocurrency, blockchain, and artificial intelligence (AI)? If so, and you’re interested in pursuing a leadership or management position in this field, it may be time to go back to school. Specifically, a Master of Science in Financial Technology (FinTech) can provide you with the essential knowledge and skills
September 13, 2024
Welcome to The Fintech Times Bi-weekly news roundup for Tuesday, July 16, 2024 bringing you the latest updates from around the world. Appointment CUBE, a British regtech backed by mercury, has welcomed new members to its board of directors. Chelsea FC CEO Chris Jurasek joins as non-executive chairman, while Emma Brown joined as CFO. Stephane
September 12, 2024
The billionaire founder of Revolut has sold hundreds of millions of dollars worth of shares in the banking and finance app as he climbs the ranks of Europe's richest people. Sky News has learned that Nik Storonsky, the company's chief executive, sold between 40 and 60 per cent of the shares sold by employees in
September 9, 2024
By Paul O'Donoghue, Senior Correspondent Klarna Bank, one of Europe's largest fintech companies, has been reprimanded by regulators for its failure to manage money laundering risks. Criticisms from the Swedish Financial Supervisory Authority (FSA) highlight at least six potential problems. Subscribe now to get unlimited access With our subscription, you will benefit from unlimited access
September 7, 2024
(Bloomberg) - British regulators have imposed a series of restrictions on a financial technology company owned by Uruguay’s first billionaires, part of a widening crackdown on payments companies that process hundreds of millions of dollars in transactions each day. Bloomberg's most read articles The Financial Conduct Authority (FCA) has banned Larstal Ltd. from providing payment
September 6, 2024
By Paul O'Donoghue NICHOLAS Passarelli, a veteran of the compliance industry, has been appointed as the new chief compliance officer of Israeli fintech Melio. The company is a leading B2B payments platform for small businesses. In September 2021, it raised $250 million, a round that subsequently valued the company at $4 billion. Melio said Mr.
September 5, 2024
Financial technology has seen incredible growth for investors and innovators. But in the not-too-distant future, blockchain will become the only aspect of fintech that matters. Fintech’s success story over the past 15 years has been defined by massive developments in electronic and online payment systems, with companies like PayPal, Venmo, and Stripe becoming household names.
