US Consumer Credit Market Exhibiting Signs of Stability and Measured Growth : TransUnion

TransUnion’s Q2 2025 Credit Industry Insights Report (CIIR) reveals a U.S. consumer credit market demonstrating resilience and disciplined behavior amid a complex economic landscape. Released on August 14, 2025, the research report highlights steady credit usage, controlled balance growth, and declining delinquency rates across key… Read More

Mambu’s Cloud Banking Platform Powers OYAK ANKER Bank’s Core Migration

Cloud banking platform Mambu announced that OYAK ANKER Bank GmbH has completed a full-stack modernisation and migration of its core banking systems to the Mambu platform, making it one of Germany’s digital transformation projects, spearheaded by Innovance. This initiative has replaced all of the bank’s… Read More

Fintech Tuum Selected by Uptex Bank to Enable E-Banking Expansion in MEA Region

Tuum, the core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the MEA region called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to “support financial… Read More

Synthetic Identity Fraud May Become Significant Threat to Modern Banking : Research

Synthetic identity fraud has emerged as one of the most insidious challenges facing the financial sector, with its stealthy nature and devastating financial impact making it a top concern for banks worldwide. According to a recent report by Juniper Research, this form of fraud, which… Read More

Risk Intelligence Firm Riskified Achieves AWS Retail Competency, Enabling Fraud Prevention for Retailers

Riskified (NYSE: RSKD), a global enabler of e-commerce fraud and risk intelligence trusted by the world’s largest brands, today announced it has achieved the Amazon Web Services (AWS) Retail Competency. The designation recognizes Riskified’s ability to “meet the bar for performance and security on AWS… Read More

Crypto Payments : Mesh Announces Additional Funding from PayPal Ventures, Others

Mesh, the  crypto payments network, announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million. This support positions the company to… Read More

NYAG James Sues Early Warning Services, Firm Behind Zelle for Enabling “Widespread” Fraud

New York Attorney General Letitia James sued Early Warning Services, LLC (EWS), a company owned and controlled by a group of the largest banks in the United States that was tasked with developing and operating the electronic payment platform Zelle, for failing to protect its users… Read More

Fintechs, Crypto Firms Ask Trump to Enable No Fee Open Banking

Mr. Potter Banker Banking (1)

Open banking (or Open Finance) is a global concept that states financial data generated by users should be transferable if the customer or business approves. In other words, the user owns the data and not the bank. In the UK, this is mandated, making it… Read More

UK Consumers Less Trusting of Digital Identity Solutions than Other Global Users : Checkout.com

Checkout.com, a global digital payments company, unveils data showing that consumers in Asia and the MENA region, are embracing digital identity wallets and biometric verification, “closely followed by Brazil and New Zealand.” Meanwhile, adoption remains sluggish “across Europe, including the UK, and North America.” The… Read More

Send this to a friend