May 27, 2025 @ 11:24 am By Omar Faridi  |  

Debitum Investments is moving forward on its mission to deliver cutting-edge financial services. Through a partnership with Scale Tech, Debitum has introduced a series of transformative updates that enhance performance, streamline compliance, and elevate user experience. These advancements underscore Debitum’s commitment to innovation and operational… Read More

 Tagged compliance, debitum, investments, scale tech

May 27, 2025 @ 8:01 am By Omar Faridi  |  

Fintech startup Slash, which is focused on redefining business banking, has successfully raised $41 million in a funding round, valuing the company at $370 million. The investment underscores investor confidence in Slash’s mission to disrupt traditional banking by offering customized financial services tailored to specific… Read More

 Tagged business banking, digital finance, funding round, slash

May 27, 2025 @ 7:59 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate for fintech innovation, has labeled the move a “handout to Wall Street banks,” arguing it undermines efforts… Read More

 Tagged cfpb, financial inclusion, fta, open banking, regulation, us

May 27, 2025 @ 7:58 am By Omar Faridi  |  

UK Fintech Altery Ltd has announced its new status as a principal member of Visa (NYSE: V). This achievement marks a pivotal moment for the company, reinforcing its position as a key player in the ecosystem of digital payments and financial services. The announcement highlights… Read More

 Tagged altery, payments, uk, united kingdom, visa

May 26, 2025 @ 4:22 pm By Omar Faridi  |  

New York has reportedly reclaimed its position as the world’s leading financial center in 2025, overtaking London, according to the 37th edition of the Global Financial Centres Index (GFCI 37). This ranking, compiled using 140 quantitative measures from sources like the World Bank, OECD, and… Read More

 Tagged financial center, london, new york, uk, us

May 26, 2025 @ 2:34 pm By Omar Faridi  |  

Chargebacks911, a global firm specializing in dispute resolution and chargeback prevention, is warning UK merchants that inflationary pressures, trade disruption, and weakening consumer confidence “are creating the perfect conditions for a sharp rise in chargeback abuse.” As household budgets shrink and financial anxiety grows, more… Read More

 Tagged chargeall, chargebacks, monica eaton, uk, united kingdom

May 26, 2025 @ 12:19 pm By Omar Faridi  |  

Snoop has reportedly added a new variable recurring payments feature. Fintech app Snoop has introduced Variable Recurring Payments (VRPs), allowing users to automate savings with ease while also staying on track with financial goals – all enabled by Open Banking tech. As explained in the… Read More

 Tagged fintech app, open banking, savings, snoop, variable recurring payments, vrps

May 26, 2025 @ 10:44 am By Omar Faridi  |  

Digital bank Nubank (NYSE: NU) has recently undergone significant changes in its executive leadership team while reporting mixed financial results for the first quarter of 2025. The Sao Paulo-based fintech firm, known for revolutionizing banking in Brazil and expanding into Mexico and Colombia, announced the… Read More

 Tagged brazil, digital banking, latam, nubank

May 26, 2025 @ 10:15 am By Omar Faridi  |  

Third Financial, now part of the Nucleus group, has revealed that investment manager Bowmore is the latest in a series of client signings over the last 12 months that’s helping to drive its growth. London-based Bowmore Asset Management, a discretionary wealth manager with over £350… Read More

 Tagged investment management, nucleus grop, third financial, uk, wealthtech

May 26, 2025 @ 9:22 am By Omar Faridi  |  

The introduction of the Sepa Instant Payments regulation is set to reshape the financial landscape across Europe, with nearly half of the region’s banks anticipating significant interest revenue losses due to heightened liquidity requirements. Despite these financial challenges, many institutions remain optimistic, believing the long-term… Read More

 Tagged EU, europe, instant payments, real-time payments, sepa instant