FinTech
FinTech
NYSE Parent Invests $600M in Polymarket, Strengthening Market Position
This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...
FinTech
Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration
Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...
FinTech
Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers
The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech
Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion
Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...
FinTech
Saudi Arabia Issues First Major Payment Institution License to Lean Technologies
This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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...
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...
Lloyds Banking Group customers can now lease a car via mobile app
Lloyds Banking Group has introduced a new feature that enables customers of Lloyds Bank, Halifax, and Bank of Scotland to lease a car through...
Spend management platform EnKash launches Olympus solution for businesses
Indian spend management platform EnKash has launched its Olympus solution, a technology stack that automates payables and receivables for mid-market enterprises (MMEs). The solution...
Demystify Podcast: Payments, the planet & equality with Monika Liikamaa, co-founder of Enfuce
Monika Liikamaa, co-founder of Enfuce, joins the Demystify podcast to discuss her journey, Enfuce's impact on the payments industry and climate agenda, and the...
Huawei launches F2F2X data infrastructure architecture to help FSI build and manage modern data centres
Huawei launched its new data infrastructure architecture, F2F2X, at the Huawei Intelligent Finance Summit 2023. The architecture aims to address data storage and management...
The Bank of London formally submits application for EU banking licence
The Bank of London has applied for a European Union (EU) banking license and plans to invest €200 million in Luxembourg and the wider...
DBS Bank to sell majority stake in AXS to Tower Capital Asia
Singapore's DBS Bank is selling a 77.8% majority stake in AXS, a provider of electronic payment services, to Tower Capital Asia. The transaction is...
Monzo reportedly eyeing merger with Nordic neobank Lunar
UK digital bank Monzo is in early stage talks to potentially acquire Nordic neobank Lunar as part of its European expansion plans. Monzo is...

