FinTech

Elizabeth Warren Questions MrBeast’s Purchase of Teen Fintech Step

The senator raises concerns about the implications for youth financial services.Highlights: Senator Elizabeth Warren questions MrBeast's fintech acquisition.Warren raises concerns over youth financial services.Step's mission to empower teens financially...

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...

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...

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...

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...
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19th century advice for 21st century problems

Banks are starting to digitize, and it is a hard and dangerous journey, but they have no choice. Mistakes will be made, and some...

Financial automation start-up Clerkie bags $33m Series A

San Francisco-based start-up Clerkie, an AI-led financial automation platform, has raised $33 million in Series A funding led by Left Lane Capital. The company...

ClearBank names former PayPal exec as new chief product officer

ClearBank, the UK-based clearing and embedded banking platform, has appointed Spiros Theodossiou as its new Chief Product Officer (CPO). Theodossiou will lead the company’s...

LSEG taps Satvinder Singh to lead data and analytics division

Satvinder Singh has been appointed by the London Stock Exchange Group (LSEG) to lead its global data and analytics division starting from July 3,...

French expense management firm Mooncard bags €37m Series C funding

French expense management company, Mooncard, has raised €37 million in a Series C funding round led by Orange Ventures and Portage. The funding will...

Januar lands European payment licence from Danish regulator

Danish fintech Januar has received a Payment Institution licence from the Danish Financial Supervisory Authority (DFSA) which will allow the company to onboard clients...

White paper: Five customer experience strategies for financial services contact centres

Financial services providers need to combine speed and personalization to optimize the customer experience. This white paper highlights five crucial customer experience strategies that...

Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth

Pennyworth Financial, a new financial planning app and aspiring challenger bank founded in 2020 by former executives of Barclays’ US digital consumer bank, is...

Illimity Bank and EIB sign €200m agreement to support Italian SMEs

Illimity Bank has signed a €200m agreement with the European Investment Bank (EIB) to provide financing to small and medium-sized businesses in Italy through...
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