FinTech
FinTech
Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition
The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The acquisition price for Nets was $3.2 billion.This divestment is part of...
FinTech
Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion
The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally...
FinTech
US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025
The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025,...
FinTech
EU, UK, and Switzerland Strengthen T1 Testing Plan for 2027 Transition
Three regions collaborate on testing ahead of joint financial move.Highlights: EU, UK, and Switzerland announce T1 testing plan.Collaboration...
FinTech
NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration
New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite...
Ireland’s Synch ditches plans to roll out mobile payments app
Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...
Lynx raises £15m Series A funding to fight fraud and financial crime
Funding News: Fintech firm Lynx secures £15 million in Series A funding.
Investors: Funding round led by Forgepoint Capital, with participation from Banco Santander.
Technology...
Commerzbank becomes first German bank to receive crypto custody licence
Commerzbank granted first crypto custody license among German full-service banks
Aims to develop a range of digital asset services, with a focus on...
Mastercard taps Japan’s NEC to roll out biometric checkouts across APAC
NEC Leads Mastercard Biometric Checkout ExpansionNEC Corporation is driving the expansion of Mastercard's Biometric Checkout Programme in the Asia Pacific (APAC) region.
...
FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues
Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6.
Reasons for Listing: The FCA's action...
Nuvei reportedly snaps up Aussie paytech Till Payments for $30.5m
Aussie paytech Till Payments is set to be acquired by Canadian firm Nuvei for AUD 47 million ($30.5 million).
A significant drop from...
Q2 Holdings announces leadership shake-up with new senior hires
Leadership Changes at Q2 Holdings:Himagiri Mukkamala, CDO:Over 25 years of experience in enterprise technology.
Previously GM of Penguin Edge and CEO...
Moneythor launches Customer Activation Management platform
Moneythor's New Offering: Customer Activation ManagementMoneythor, a Singapore-based company, launched Customer Activation Management.
Aim: Help banks achieve long-term customer profitability.Platform Features...
Customers Bank taps Funding Circle for Lending-as-a-Service platform
Adoption of Funding Circle's LaaS PlatformPennsylvania-based Customers Bank is adopting Funding Circle’s Lending-as-a-Service (LaaS) platform.
The move aims to expand lending capabilities...

