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NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest is to introduce the new version of Cora during London Tech Week and will “be one the first banks in the UK to deploy generative... Read More
Tandem Bank reveals that it has delivered a second year of profitability as increasing numbers of mainstream consumers choose the Bank to help reduce their carbon footprint while saving money. Tandem’s savings products are described as “a smart and secure home for savers’ money.” They... Read More
A survey of more than 21,000 people in Spain, the “first of its kind” to give a voice to Worldcoin users, shows just how “important” digital proof of humanness has “become in the country—and the extent to which people recognize the value provided by World... Read More
M^0, which is described ss a “decentralized” infrastructure layer for the issuance of cryptodollar assets, announced a Series A fundraise totaling $35 million, in conjunction with the deployment of the M^0 core protocol and on-chain governance mechanism on Ethereum Mainnet. The Series A investment round... Read More
The Government in Australia reportedly introduced new consumer protection legislation for Buy Now Pay Later (BNPL) that will see BNPL operators “regulated as consumer credit.” Most BNPL products are “not currently covered by the National Consumer Credit Act (Credit Act) meaning these providers are not... Read More
The FDIC has recently released a consent order made against a Tennessee banking institution as part of its publication of January 2024 Enforcement Decisions and Orders. The FDIC said that within 60 days of the effective date of the consent order, the banking institution needs... Read More
An article in WSJ.com today takes aim at the Regulation A, or Reg A+ securities exemption used by firms to raise money online. Reg A+ is one of the securities crowdfunding exemptions available for businesses to pursue an online funding round. Reg A is joined... Read More
Pathward, N.A., a national bank with 20 years of payments experience, announced the results of its research on executive perspectives on embedded finance – the integration of financial services into non-financial offerings. The survey of senior U.S. executives reveals that “while embedded finance is widely... Read More
Monex USA, a partner in global payment, corporate FX, and currency risk hedging services, announced plans to integrate with Payments Exchange from Fiserv (NYSE: FI), a global provider of payments and financial technology. This integration will allow financial institutions “that utilize Payments Exchange to work... Read More
The Consumer Financial Protection Bureau (CFPB) finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use “to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule.” The rule identifies the... Read More