Chime Financial reportedly selected Morgan Stanley to lead its initial public offering (IPO). The FinTech company aims to go public in 2025, Bloomberg reported Thursday...
Treasury Secretary Janet Yellen said Thursday (Sept. 26) that it takes continuous work to build and maintain a resilient financial system. In remarks prepared for...
Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Secured Credit with Dynamic Funding is designed to simplify the secured credit process, making...
The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....
As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...
B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with...
Nuvei has unveiled several new features and enhancements for its Nuvei for Platforms product. “Nuvei for Platforms is designed to accelerate growth and drive revenue for...
Cross River Bank has formed a partnership with embedded payments company Forward. The collaboration is designed to use embedded payments to address payment challenges the companies say are...
Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push...