News

Financial IT1d
U.S. Department of Education to Begin Federal Student Loan Collections, Other Actions to Help Borrowers Get Back Into Repayment
The U.S. Department of Education announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted ...
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Fintech LendMN Raises $20 Million USD to Drive Tech-Led Financial Inclusion
Mongolia's first digital lending fintech, LendMN, a subsidiary of AND Global, has today announced a $20 million USD debt ...
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SoFi Helps Student Loan Borrowers Navigate Life Transitions with New Flexible Refinance Option
SoFi Technologies, Inc. is making student loan repayment more flexible with the launch of SmartStart, a new refinance option. With SmartStart, people can put money they’d otherwise use on student loan ...
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UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK
UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider. This collaboration will ...
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Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion
Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular ...
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Riot Platforms Announces $100 Million Credit Facility With Coinbase
Riot Platforms, Inc., an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility (the "Credit Facility") with Coinbase ...
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EBay and Klarna Deepen Global Strategic Partnership to Empower Flexible Shopping in the U.S.
Bay, a global commerce leader that connects millions of buyers and sellers around the world, today announced the expansion of its global strategic partnership with Klarna, the AI-powered payments and ...
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Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings
Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG ...
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RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge
New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 84% of US banks say the new $10 ...
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CME Group to Expand Crypto Derivatives Suite With Launch of XRP Futures
CME Group, the world's leading derivatives marketplace, today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro ...
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VoPay Launches Embedded Cross-Border Solution – A “Shopify for Global Payments”
VoPay, a leading provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution. Built for software platforms and financial institutions, ...
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Sopra Steria Enables Banks to Enter the Crypto-Asset Market with a Complete and Tailored-Made Offer
Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This ...