Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean...

Visa Direct Expands Nordic Reach with Moonrise Partnership

Collaboration aims to enhance payment solutions in Northern Europe.Highlights: Visa Direct...

Solaris Cuts 20% of Staff Amid AI Native Bank Transition

Restructuring plan aims to enhance efficiency and adapt to new technologies.Highlights: Solaris Bank announces a 20% workforce reduction.The move is part of its strategy to become an AI-native bank.Restructuring...

Revolut Strengthens Presence with Indian Hiring Spree

The financial technology company seeks to expand its team in India.Highlights: Revolut is launching a significant hiring campaign in India.The fintech aims to expand its operational capabilities.New roles include...
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Visa Strengthens Subscription Management Service for Businesses

New solutions aim to simplify recurring payment management for companies.Highlights: Visa has launched a new subscription management service.The...

Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition

The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The...

Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion

The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally...

US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025

The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025,...

FINTECH

Paytech

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Banked, a UK-based fintech, has acquired Waave, a...

HSBC launches embedded finance venture SemFi with Tradeshift

HSBC has launched SemFi, a new B2B embedded...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance...

Most Popular

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in...

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for...

Aveni Selected by Quilter to Enhance Operations with AI

New partnership streamlines advice operations for Quilter using AI...

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights:...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights:...

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