RBI Penalizes Amazon Payments for Violations in India
The Indian central bank’s decision to fine Amazon Pay’s India unit is a sign that the company is not taking its obligations to obey local rules surrounding know your customer…
Fintech
Keep track of the latest financial technology innovations, including disruptor banks, expense management startups, and payment services.
Hatch Bank Suffers 140,000 SSN Data Breach via Fortra Bug Exploit
Hatch Bank confirmed that hackers exploited a zero-day vulnerability in their internal file transfer software to gain access to thousands of customer Social Security numbers. The company is working with…
Africa Regulators Scrutiny Puts Big Tech Under Pressure
The African competition watchdog organizations have announced that they will be collectively interrogating the market conduct of global digital firms. The organizations include the Kenya Competition Authority, the South Africa…
New Access: Robinhood Wallet Available for iOS Community
The Robinhood app is a popular choice for those interested in cryptocurrency and the decentralized nature of the technology. The company has announced that it is now available on all…
CRED Makes Shopping Easier with Buy Now, Pay Later & Tap to Pay
The Indian fintech platform, CRED, is expanding its offerings to boost engagement and monetization on the platform. The buy now and pay later service and a tap to pay feature…
Biotech Startups Shine in Wake of 2022 Market Correction
While there was uncertainty throughout the startup sector, biotech had one of the most resiliant businesses. Due to their ongoing research and development into innovative new treatments and cures for…
Layoffs Continue at Chipper Cash: 2nd Round Affects More than 12.5% of Staffing
The layoffs at Chipper Cash follow a series of other cost-cutting measures the company has taken in recent weeks, including reducing its headcount by 12.5% last Friday just ten weeks…
Ledge Automation: Streamlining Processes for Finance Teams
One of the biggest challenges facing finance teams is the rapid adoption of digital payments. Much of this uptake is reliant on structured data, but teams often face difficulties in…
Fintech Unscathed: Industry Emerges Resilient Despite Struggles.
‘The buzz and momentum for these companies is unlike anything I’ve seen before’ The fintech industry has been struggling recently with a widespread employee layoff, but this is not indicative…
Thatch Simplifies Health Benefits for Startups with a16z and GV Support
It can be tough to cope with health issues when you’re worried about how you’re going to afford care. However, it’s important to remember that there are plenty of ways…
