Banking
Fintechs call on UK government to put an end to hidden fees in cross-border payments
A group of 15 fintech companies, including Wise, Monzo, Revolut, and Klarna, have written an open letter to UK chancellor Jeremy Hunt, urging the...
Banking
Amazon set to roll out palm payment processing across all US Whole Foods stores
Amazon's palm payment technology, Amazon One, will be deployed in all Whole Foods Market stores across the US by the end of the year.
Facts...
Banking
UK challenger Atom Bank records first ever annual operating profit
UK digital challenger Atom Bank has achieved its first annual operating profit of £4 million in FY23, attributing its success to a strong customer...
Banking
Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth
US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...
Banking
JP Morgan CEO confirms German expansion for Chase digital bank
JP Morgan Chase CEO Jamie Dimon confirms that the digital bank Chase will expand into Germany and other European countries, following its successful debut...
AI
ThetaRay’s Sonar goes live on Microsoft Azure Marketplace
ThetaRay, an Israeli provider of AI-powered transaction monitoring technology, has joined the Microsoft Cloud Solution Provider (CSP) program, making its Sonar solution available on...
Banking
ila Bank taps Arab Financial Services for prepaid card offering
Arab Financial Services (AFS) has collaborated with ila Bank, a Bahraini digital mobile-only bank, to introduce a prepaid card offering. The card allows users...
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