US neobank Current has raised $20 million in a bid to grow its user base to one million personal checking accounts.

Barclays says it will no longer stop customers withdrawing cash from the UK's network of post offices, reversing its earlier position after accusations of "penny-pinching" by politicians.

Sumitomo Mitsui Financial Group has joined forces with Fujitsu and the Japan Research Institute (JRI) to trial the use of AI to scan for bugs in coding and automatically recommend software repairs.

Financial IT speaks with Bashar Saleh, founder and CEO of PointCheckout.

Leading digital cross-border payments provider, InstaReM, is rebranding to become part of Nium. Nium is the first global payments platform to enable businesses to send, spend and receive money from around the world, in addition to empowering them to develop their own products.

UK enterprises are increasingly concerned over whether they will be able to transfer data when the UK leaves the European Union – according to research by 4sl. In the survey of 200 UK IT decision makers in October 2019, 60 percent of large enterprises were concerned about their ability to transfer data from the EU to the UK post-Brexit – while 61 percent were worried about their ability to back up data held in the EU.

Berkeley Payment Solutions (Berkeley), a leading global payments solution provider, today announced the acquisition of FinTech start-up, Pungle, an innovative payments platform that enables frictionless, real-time transfers.

“This acquisition positions Berkeley to be one of the most innovative, fastest-growing FinTech companies globally,” said Jonathon Hamburg, CEO and Founder of Berkeley. “We are thrilled to join forces and welcome the Pungle team to our fold, as this will allow us to continue to innovate and build impactful payment technology platforms.”

Open Banking Expo is unveiling global digital banking strategist Jim Marous as the keynote speaker at its London Expo on 13^th November 2019.

Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card portfolio in the United States.

Penta, the digital platform for business banking, focusing on founders and small and medium enterprises (SME) is launching their fi