July 12, 2024
FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of...

Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart...

July 11, 2024
Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds

Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. These banks have made progress in putting together account information for those customers, which could mean their...

July 11, 2024
NYDFS Issues Guidance for Insurance Companies’ Use of AI

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday (July 11). Harris said this...

July 11, 2024
Markaaz CEO Says New Take on Data Helps Banks Close...

How do you really know a business? The credit score can be misleading, especially for a small business that has weathered the pandemic. A profit and loss statement shows the...

July 10, 2024
FDIC Warnings on Nonbanks Point to Gaps in Deposit Insurance

They say there are no guarantees in life. That sentiment applies to financial services — at least depending on where you look, or what promises are made by nonbanks. With...

July 10, 2024
RTP Network Transaction Value Leaps to $55B in Q2 as...

The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. The instant payments system operated by...

July 10, 2024
Mastercard to Facilitate Cross-Border Payments for Medical Tourism Association

Mastercard and the Medical Tourism Association (MTA) have teamed up to modernize the medical tourism experience for patients and providers around the world.  The MTA will launch a one-stop platform called Better by...

July 09, 2024
Industry Groups Push Back Against Federal Cyber Incident Reporting Requirements

If digital transformation is at the forefront of innovation, then cybersecurity is at the forefront of digital transformation. As the world goes digital, security-critical sectors like healthcare, finance and more...

July 09, 2024
UnitedHealth Faces Antitrust Lawsuit Over Alleged Misconduct Post Change Healthcare...

UnitedHealth Group is at the center of a legal storm as directors of the health insurance giant face a lawsuit from a shareholder accusing the company of misleading investors regarding...