LSEG announces Irfan Hussain as its new chief information officer
London Stock Exchange Group (LSEG) appoints Irfan Hussain, a former Goldman Sachs executive, as its new Chief Information Officer (CIO) to drive technological innovation...
FCA warns consumers against loan fee fraudsters amid rising summer borrowing
The Financial Conduct Authority (FCA) is combatting loan fee fraud in the UK as summer sees a peak in consumer borrowing. FCA launches a...
SumUp secures $100m credit facility to expand merchant cash advance product
SME-focused fintech SumUp obtains a $100 million credit facility from Victory Park Capital to expand its merchant cash advance product, SumUp Cash Advance, enabling...
US fintech Block set to close European payments app Verse
San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...
Naga integrates Rezolve AI into its social trading platform
German fintech Naga partners with London-based Rezolve to incorporate the AI platform Brain into its social trading app, enhancing user experience and providing real-time...
Payabl. secures EMI licence in the UK
European paytech firm payabl. has obtained a UK electronic money institution (EMI) licence, enabling expansion of its services and merchant portfolio.
FactsPayabl. has acquired...
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws.
FactsUAB...
PayPal launches US dollar stablecoin PayPal USD
PayPal is launching a fully-backed stablecoin, PayPal USD, backed by US dollar deposits and similar assets, aiming to enhance payments in Web3.
FactsPayPal is...
Singapore’s Endowus raises $35m as it eyes regional expansion
Singapore-based digital wealth platform Endowus secures $35 million in funding to expand its wealth management services in Singapore and Hong Kong, focusing on personalization...
