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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools. It boasts more than 12 million customers.

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Chesapeake Bank Joins The Clearing House’s RTP Network

PYMNTS

DJ Seeterlin , chief information officer at Chesapeake Bank, said the new partnership would be a boon for customers looking for “new functionality” in their banking. Our customers need financial technology tools that align with their personal and business needs.

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BAC Community Bank adds to its digital banking solutions

The Paypers

ZSuite Technologies , a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with US-based BAC Community Bank (BAC).

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Fintech Deals to Watch: Back to School

Gonzobanker

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

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Today In Digital-First Banking: German Neobank N26 Eyes IPO With New CFO; Goalsetter Lands $3.9 Million Seed Investment  

PYMNTS

N26 has brought Dr. Jan Kemper on board as its new CFO as the Germany-based financial technology firm eyes a future possible IPO. Goalsetter, the financial technology upstart, has landed $3.9 Morgan Chase to underwrite a possible IPO. German FinTech N26 Eyes IPO With Hiring Of New CFO. Goalsetter Raises $3.9

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AML Compliance Controls Can Be Costly

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Challenges and Solutions. Competitive possibilities emerge.”.

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How Synchrony Financial Is Upgrading Its AML Strategy

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. Changing AML with AI and ML.

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