Payments

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active merchants globally.Expansion marks significant growth in fintech industry.Company aims to enhance...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...
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ClearBank Strengthens Team by Hiring Visa’s Neil Drennan as CTO

The new CTO aims to drive innovation at ClearBank.Highlights: ClearBank appoints Neil Drennan from Visa as CTO.Drennan to lead technological advancements at ClearBank.ClearBank aims...

Apexx Global Secures $10M to Strengthen Payments Orchestration Platform

Funding aims to enhance digital payment solutions for businesses.Highlights: Apexx Global has raised $10 million in funding.The funds will enhance its payments orchestration platform.This...

BIS Project Strengthens Microservice-Based Settlement Engines

New project by BIS explores advanced settlement technology for financial systems.Highlights: BIS launches a project to explore microservice-based settlement technology.The project aims to improve...

BBVA Joins Bank-Backed Euro Stablecoin Initiative

The collaboration aims to enhance digital payment solutions in Europe.Highlights: BBVA partners in a euro stablecoin joint venture.Collaboration includes multiple major European banks.The initiative...

Neo Financial Secures $68.5M for Securitisation Programme

Funding will enhance Neo Financial's portfolio management and growth efforts. Highlights:Neo Financial secures $68.5 million for a new securitisation programme. Funding aims to boost...

Chase UK Expands into Insurance Market

Leading bank Chase UK announces entry into the insurance sector.Highlights: Chase UK has launched insurance products for customers.The expansion aims to diversify its service...

FTSE 100 Slides Amid Fears of AI Disruption

Investors worry about AI's impact on traditional business models.Highlights: FTSE 100 index drops as AI fears rise.Investors express concern over AI's impact on businesses.Market...

Axiology Secures $5 Million to Strengthen Capital Markets Innovation

The DLT-based startup aims to enhance efficiency in capital markets.Highlights: Axiology raises $5 million in funding for capital markets solutions.The startup focuses on Distributed...

Revolut Business Launches Full Suite Merchant Acquiring Product in Australia

New offering aims to enhance payment solutions for Australian businesses.Highlights: Revolut Business introduces merchant acquiring in Australia.New payment solutions cater to local businesses.Enhancements expected...
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