Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Finra Fines Webull $4.2M Over AML and Best Execution Gaps
Finra has imposed a $4.2 million penalty on Webull, the digital investing platform, citing shortcomings in several core compliance areas. The regulator said the firm failed to i…
Flexys and The Very Group team up on arrears support tech
Flexys, a supplier of technology used to manage accounts in arrears and customers in financial difficulty, has entered a partnership with The Very Group. The deal covers the sys…
Binance Hack Led US Regulators to Review Bank Systems, Sources Say
A hack at Binance prompted US regulators to look into whether the incident had any bearing on bank systems, according to sources cited by Reuters. The checks reflect concern tha…
Armani Heirs Lean Toward IPO Over Industry Sale
The heirs to the Armani fashion group would prefer an initial public offering to a sale to an industry buyer, according to people familiar with the matter cited by Reuters. The …
Fed Ends Enforcement Action Involving Allegiant, Nano Entities
The Federal Reserve Board announced that it has terminated an enforcement action involving Allegiant United Holdings, LLC, Nano Financial Holdings, Inc. and Nano Banc. The notic…
Block Nears $765M DOJ Settlement Over Money-Laundering Failures
Block has reached a preliminary settlement with the US Department of Justice over money-laundering failures, an agreement that could require Jack Dorsey's payments company to pa…
Balancing Growth and Fraud Risk in Fintech
Fintech and crypto companies often chase rapid user growth, but that push can conflict with the need to keep fraud out. Aggressive acquisition and easy onboarding may attract ba…
Aracore and Dozn to explore stablecoin settlement
BPMG, a blockchain and artificial intelligence company, said its U.S. subsidiary has signed a memorandum of understanding with South Korean fintech Dozn to study stablecoin-base…
Cardstream Group launches Flowes white-label payment facilitation
Cardstream Group has introduced Flowes, a white-label Payment Facilitation-as-a-Service product. The company said the proposition is intended for acquirers, platforms, payment s…