Banking

Modern Treasury Launches Integrated PSP for Fiat and Stablecoins

New platform streamlines payments for digital and traditional currencies.Highlights: Modern Treasury introduces a new integrated payment service provider.The platform supports both fiat and stablecoin transactions.This launch aims to simplify...

Activist Investor Builds Stake in Fiserv, Strengthening Influence

The investment firm aims to increase its influence over the fintech giant.Highlights: Activist investor increases its stake in...

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...
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iBusiness Funding snaps up Funding Circle’s US business for £33m

Funding Circle Sells US Business to iBusiness Funding: Key PointsSale Details:Funding Circle has agreed to sell its US business to iBusiness Funding...

FreeBnk partners E Money Network to issue blockchain-based IBANs

FreeBnk Partners with E Money Network: Key PointsPartnership Overview:UK-based fintech FreeBnk collaborates with E Money Network, a MiCA-compliant blockchain, to issue international...

Fiserv appoints former JP Morgan Payments head Takis Georgakopoulos as new senior advisor

Fiserv Appoints Takis Georgakopoulos as Senior Advisor and Executive VP: Key PointsNew Appointment:Takis Georgakopoulos appointed as Senior Advisor and Executive Vice President...

Commerzbank to launch digital credit cards for businesses with Pliant

Commerzbank Expands Lending Services with Digital Business Credit Cards: Key PointsNew Offering:Commerzbank, in partnership with Pliant and its innovation unit neosfer, will...

Global Payments acquires UK’s Takepayments for undisclosed sum

Global Payments Acquires Takepayments: Key PointsAcquisition Announcement:American paytech firm Global Payments has acquired UK-based card payment solutions provider Takepayments. The acquisition was...

PayPal hires Srini Venkatesan as new CTO

PayPal Appoints Srini Venkatesan as New CTO: Key PointsAppointment Announcement:Srini Venkatesan named as PayPal’s new Chief Technology Officer (CTO), effective 24 June....

New start-up Fideo Intelligence launches offering data-driven fraud-fighting solutions

Fideo Intelligence Launches in the Market: Key PointsCompany Launch:Fraud intelligence start-up Fideo launched in Denver, US. Aims to enable “intelligence-informed decisions for...

Italian fintech Banca AideXa secures €16m capital raise

Banca AideXa Secures €16 Million in New Capital: Key PointsNew Funding and Total Capital:Secured €16 million in fresh capital. Total capital raised...

Klarna sells checkout business to investor consortium

Klarna has finalized a deal to sell its online checkout service, Klarna Checkout (KCO), to a consortium of investors for SEK 5.4 billion ($515...
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