-The company faced hefty competition in the U.S. from established banks like JPMorgan Chase and Bank of America, as well as upstarts Chime and Varo.

German neobank N26 withdraws from US

  By FintechNews staff -The German neobank announced Thursday that it was withdrawing from the United States. From January 11, 2022, its some 500,000 American customers...
This is where Regtech companies must step in. Innovators in this space can identify and verify TPPs in real-time, therefore allowing financial service providers to have total trust in the third parties they deal with.

Open Banking: 518 TTPs are aproapproved to provide services across the EU and UK...

  By FintechNews staff Summary: -Research from Q3 of 2021 revealed that 21 new TPPs were approved to provide services across the EU and UK between 1st...
FDATA is the UK fintech industry’s most influential association shaping the future of the financial sector by opening it up to the benefits of the intersection between financial data and technology.

Financial Data and Technology Association (FDATA) partners with Open Banking Expo

  By FIntechNews staff - Financial Data and Technology Association (FDATA), a leading fintech industry lobbying organisation, has partnered with Open Banking Expo, the largest global community...
Constellation enables, secure data aggregation for credit union members

Constellation enables, secure data aggregation for credit union members

  By FintechNews staff -Constellation Digital Partners just added a unique data aggregation service to its platform. It allows account information to be accessible to other...
BSO becomes an approved international network provider for Brazilian stock exchange B3.

BSO becomes an approved international network provider for Brazilian stock exchange B3.

  By FintechNews staff -B3 (Brasil, Bolsa, Balcão), headquartered in São Paulo is the largest exchange in Latin America and BSO is now the lowest-latency vendor registered...
SMBX raises $11.5m to fund its growth

SMBX raises $11.5m to fund its growth

  By FintechNews staff Summary:  -San Francisco based fintech marketplace for small businesses bonds raised $11.5m in Seed funding led by Group 11 -The funding will support its...
5 banking innovations that 5G will unlock

5 banking innovations that 5G will unlock

  The new global wireless standard will transform financial services by enabling the full potential of the cloud, facilitating smart transactions and accelerating credit processes. In...
Big Banks Believe Bitcoin May Very Well Become the New Gold

Big banks believe Bitcoin may very well become the new gold

  First adopters were keen on Bitcoin long ago. They’ve since become interested in smaller projects for the most part. But now, something interesting is happening...
Top 100 Fintech startups making a breakthrough in 2021

Top 100 Fintech startups making a breakthrough in 2021

  As we all use mobile banking and make transactions just a click these days, whether it be financial applications to calculate EMIs or insurances,...
Blockchain ETFs Offer Awesome New Crypto Investment Opportunities

Blockchain ETFs offer awesome new Crypto investment opportunities

The global cryptocurrency market is growing rapidly. It is projected to be worth nearly $5 billion by 2030. A lot of factors are playing a...

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