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SaaS and cloud spend management fintech, Vertice, has raised $25 million in a Series B funding round, bringing its total funding to $51 million.

TLDR: US banking giant Morgan Stanley has agreed to pay a $249 million fine for fraudulently abusing markets and profiting from confidential information. The

TLDR: The Federal Reserve Bank of Cleveland has appointed Anulekha Mohanty as senior vice president of banking supervision, credit risk management, and statistics. Mohanty

Banks and credit unions should carefully consider the compliance and reputational risks of eliminating overdraft fees, as the Consumer Financial Protection Bureau (CFPB) pushes

TLDR: The Consumer Financial Protection Bureau (CFPB) has proposed new rules to slash overdraft fees charged by big banks. Americans have paid an estimated

TLDR: People should not be barred from employment in banking for minor offenses, especially when bank executives are able to commit far worse crimes

The German finance minister, Christian Lindner, has admitted that Germany has become the “tired man” of Europe due to years of crisis eating away

In recent years, banking in Central and Eastern Europe (CEE) has been focused on financial sector stability rather than rapid growth. However, in 2024,

The Cedar-IBSi FinTech Lab has achieved success in 2023 through strategic partnerships and a supportive ecosystem. The Lab welcomed eight new members and established

In their latest filing, JPMorgan praised CEO Jamie Dimon, calling him a “highly talented and experienced executive”. Dimon’s total compensation for 2023 was $36