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FinTech
Lloyds Faces Scrutiny Over App Glitch Exposing Customer Data
Parliamentary committee demands answers on serious data breach incident.Highlights: Lloyds Banking...
FinTech
PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility
PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal...
FinTech
Finastra appoints Chris McClellen as Global Head of AI
McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen will lead AI strategy and innovation at Finastra.This role aims to...
FinTech
Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition
Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin capabilities.This acquisition reflects growing interest in cryptocurrencies.Mastercard has announced its...
FinTech
CFIT Strengthens Digital Identity Solutions for Businesses
New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...
FinTech
AI-Based Loan Origination Platform Fuse Secures $25 Million in Funding
Funding will enhance Fuse's AI-driven lending solutions for financial institutions.Highlights: Fuse raises $25 million to boost its AI-powered...
FinTech
Nordea Cuts 1,500 Jobs as AI Drives Cost Savings
Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving...
FinTech
Visa Strengthens AI Payments Trials with Multiple Banks in the UK and Europe
Visa collaborates with numerous banks to innovate AI-driven payment solutions.Highlights: Visa partners with several banks in the UK...
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
European Fintechs Strengthen as Reliance on US Investors Tightens
Analysis reveals changing dynamics in European fintech investment landscape.Highlights:...
Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up
Multiple customers received information intended for strangers, raising concerns.Highlights:...
Lloyds Bank Tightens User Account Security Measures
Customer mistakenly accessed stranger's account, prompting changes.Highlights: Lloyds Bank...
RBC Strengthens Mortgage Offerings with Pinch Acquisition
Royal Bank of Canada acquires tech firm to enhance...
X Money Launches in April, Strengthening Elon Musk’s Digital Finance Reach
Elon Musk's X Money is set to launch next...
Mastercard Strengthens European Payments Sovereignty Debate
Mastercard addresses key issues in Europe's payments landscape.Highlights: Mastercard...
Data Leak Accelerates After Telco Refuses Ransom Payment
Hackers leak sensitive customer data amidst failed ransom negotiations.Highlights:...
Revolut Strengthens Operations by Achieving Full UK Banking Licence
The fintech firm can now offer a wider range...
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