RapidCents Strengthens Focus On Secure Transactions And Billing Automation
RapidCents, a payment platform that helps businesses handle secure transactions and automatic billing, announced that it would grow its services to support more merchants in North America. The company explained that it planned to invest $500,000 in AI technology and...
Hayel Abu-Hamdan Joins HFM to Support Global Expansion
HF Markets (HFM) announced that Hayel Abu-Hamdan has become the new Chief Commercial Officer (CCO). Abu-Hamdan has a lot of experience in the forex and CFD business. His appointment into the HFM board is coming when the company is working...
AFL-CIO Sues Treasury Over Musk’s Access To Records
US Treasury is facing a lawsuit after it allowed Elon Musk’s DOGE group to see private financial and personal details. The AFL-CIO, a large group for workers, is suing the Treasury for sharing people’s information. The lawsuit is raising concerns...
Finalto Announces Paul Jackson As Joint Head Of Sales For EU, UK, And LATAM
Finalto, a company that provides trading software and liquidity services, has appointed Paul Jackson as Joint Head of Sales for the EU, UK, and LATAM regions. The company announced that Jackson will lead the sales strategy unit with Chauncey Boreham,...
Oslo-Based Receipts Raises €1.7 Million To Transform Receipt System
Receipts, a fintech company from Oslo that helps banks and stores share digital receipts, has received €1.7 million in funding. The round was led by the venture capital unit of Den Norske Bank, with extra support from Såkorn 1 Midt,...
CFTC Shifts Focus to Fraud Prevention and Victim Support
Caroline D. Pham, the temporary leader of the Commodity Futures Trading Commission (CFTC), revealed that the agency had changed how it fights cheating in markets. She explained that the Enforcement Division had been rearranged to help people hurt by fraud...
Worldpay Expands Fraud Prevention Capabilities With Ravelin Acquisition
Worldpay announced that it had reached an agreement to buy Ravelin, a company that used AI to stop fraud. The firm explained that Ravelin was based in London, UK, and helped online businesses stay safe. The deal was expected to...
Major Banks Face Lawsuits Over CFPB Regulations
The United States President, Donald Trump has recently fired Rohit Chopra from the office of the head of Consumer Financial Protection Bureau. According to a source, the news of Chopra's dismissal got to him through an email from the White...
GoCardless Reports Huge Drop In Losses And Targets Full-Year Profit
A London-based fintech, GoCardless, known for recurring payment, has cut down its losses in 2024 and is presently focused on making profit by 2026. According to update, the firm massively lost in 2024, with about $43.8 million losses recorded. This...
Santander US Achieves $2 Billion In Deposits With Openbank Digital Platform
Santander Bank shared that its Openbank digital platform in the United States has reached $2 billion in total deposits since it launched in late 2024. This milestone is a key part of Santander US’s plan to grow its national deposits,...
nCino Names Sean Desmond as New Leader
nCino, Inc. said Sean Desmond is now President and Chief Executive Officer. He also joined the Board of Directors, and the change took effect immediately. Desmond takes over from Pierre Naudé, who will stay with the company as Executive Chairman...
Solaris Successfully Closes €140 Million Funding Deal
Solaris, a German Banking-as-a-Service platform announced that it has received €140 million in new funds. The Series G financing round was guided by SBI Group and Boerse Stuttgart Group, with help from different investors and partners who gave support. According...
Interactive Brokers Reported An Increase in Daily Revenue Trades In January
Interactive Brokers has announced its financial performance for January 2025, posting a strong result, despite the unsteady market. According to the report, the firm reported a 58% surge in Daily Average Revenue (DARTs) year-over-year (YoY). The report also showed an...
Crypto Prices Fall After U.S. Adds New Trade Tariffs
The prices of popular cryptocurrencies dropped a lot in the past 24 hours. Some coins lost a quarter of their value after the U.S. introduced new trade tariffs on Canada and Mexico over the weekend. Many investors are now worried...
Banked Partners With NAB To Introduce PayTo Payments On Amazon Australia
Banked, a company that helps people pay directly from their bank accounts, shared that it had partnered with NAB to bring PayTo payments to Amazon’s Australian store. Banked shared that more people around the world were choosing account-to-account payments because...