Wise temporarily pauses new business onboarding in Europe
Wise temporarily pauses business onboarding in Europe.
High demand was cited as the reason for the onboarding freeze.
UK businesses onboarding resumes, with...
OakNorth taps Coconut founder Sam O’Connor to lead business banking unit
Sam O'Connor's New Role: Sam O'Connor, former CEO of Coconut, is now leading business banking at OakNorth Bank.
Business Banking Offering: OakNorth Bank's...
US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio
Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments.
Deal Value: The potential acquisition is valued at $1.95...
UK challenger Monument Bank completes £40m Series B raise, eyes more funding
UK digital bank Monument secures £40 million in Series B funding.
Dubai Investments increased its stake in Monument from 9.25% to 16.93%.
Monument's...
CFPB targets US fintech firms with proposals for increased regulatory scope
The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks.
Proposed regulations...
European regulators agree on new rules for SEPA instant payments
New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments.
Banks and PSPs offering standard euro...
Goldman Sachs reportedly seeks new issuer for General Motors credit card
Goldman Sachs Plans to Sell GM Credit Card ProgramGoldman Sachs is reportedly planning to sell its General Motors (GM) credit card program.
...
Two weeks until FinTech Futures’ AI Insights networking morning
Event Details: AI Insights in FinanceLocation: Blackfriars, London
Date: November 22
Host: FinTech FuturesNetworking Event Highlights:Over 200 financial services professionals attended.
Exclusive insights...
The Bank of London names Frankie Woodhead as new chief product officer
The Bank of London appointed Frankie Woodhead as its new Chief Product Officer (CPO).
Woodhead brings 15 years of experience in business, corporate,...
