Neobanks stories
Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.
Businesses using Thunes can now prefund euro transfers around the clock with EURC, easing treasury management when banks are closed.
The fresh capital will help Yuno widen its payments network, add products and edge closer to profitability as it scales worldwide.
The London-based software group is set to expand sales after turning EBITDA-positive and growing annual recurring revenue by more than 30%.
Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.
Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.
Platforms handling multi-party payments could cut delays and reconciliation work as Hello Clever ties funds to real-time domestic rails.
Lenders can now track borrowers' changing debt loads after origination, as the tool flags refinancing and risk signals without reauthentication.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.
Relying on Companies House alone can leave UK firms exposed to hidden ownership, weak screening and regulatory scrutiny.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.
Eligible bitcoin holders in Canada can now access up to CAD $50,000 without selling coins, though collateral calls may follow price swings.
The hire is designed to strengthen Coinme's licensing and anti-money laundering controls as it expands regulated money movement beyond the US.
Banks risk being blindsided by new digital finance firms that are already moving money faster and attracting users beyond the old model.
Growth in India and the Gulf is exposing weak customer data, with inaccurate records slowing onboarding, payments and fraud checks.
India's fintech sector may need new benchmarks as simple transaction counts fail to show whether users really understand and trust digital finance.
The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.
The tie-up could help banks and credit unions turn new business accounts into primary relationships by moving payroll, deposits and spending faster.
New Zealand exporters and online sellers could cut manual bookkeeping as transaction data and bills move automatically between the two platforms.