Technology

The payments firm is hoping that planting a flag in merchant stablecoin payments now will be accretive as stablecoins gain greater adoption.

The fintech investment firm Portage is now managing a $280 million portfolio acquired from the venture arm of Mets owner Steven Cohen's firm Point72.

The crypto lender issued over 5,000 loans to residents without a license and failed to assess repayment ability, the DFPI said.

The new developer assistant helps corporate clients and partners find and integrate the bank's APIs into their programs and websites.

The Swedish financial institution adds P2P payments as it tries to bolster its neobank aspirations. Payment firms don't like the U.K.'s potential restrictions on stablecoins and more in the American Banker global payments and fintech roundup.

Customers reported failed subscription payments and support issues, though a backup system kept some basic functionality online.

Defenses against financial schemes, both physical and digital, could leave executives scrambling to keep up with the pace of bad actors over the coming months.

The $24.3 billion acquisition and $13.5 billion divestiture deal enables Global Payments to focus more on its core payments technology.

The Securities and Exchange Commission appears to have finally acknowledged that tokenized securities are still … securities. For broker-dealers seeking to offer tokenized securities custody, the path forward is now visible.

Coastal Financial in Washington State has acquired GreenFi, one of its fintech partners. The move is designed to buy time in order to figure out the best long-term strategy for the struggling neobank.