Payments

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's CEO had temporarily registered in the US.The move strengthens Revolut's ties...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...
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Major Security Flaws Discovered in UK Retailer Websites

Multiple UK retailers face serious vulnerabilities in their online platforms.Highlights: Critical security flaws found on multiple UK retailer websites.Major risks include exposure of customer...

Revolut Business Expands Into Revenue Operations with New Billing Tool

The new tool aims to streamline recurring billing for businesses.Highlights: Revolut Business introduces a new recurring billing tool.The tool aims to simplify payment processes...

Citibank Leads $30 Million Series B Fundraise in Subscription Service Raylo

Citibank's investment boosts Raylo’s growth potential in subscription market.Highlights: Citibank leads a $30 million Series B round for Raylo.Raylo offers subscription services for tech...

Trading 212 Faces Scrutiny After Selling Crypto ETNs Without FCA Authorization

The UK-based trading platform sold unregulated products to retail investors.Highlights: Trading 212 sold crypto ETNs to UK retail investors.The sale occurred without FCA authorization.Regulatory...

Australian Digital Lender In1Bank Shuts Down, Impacting Customers

In1Bank's closure leaves customers seeking alternatives as the fintech landscape evolves.Highlights: In1Bank ceases operations, affecting numerous customers.Fintech landscape in Australia faces significant changes.Existing customers...

AI and Digital Finance Strengthen Financial Stability Insights

BIS highlights implications of AI on financial stability concerns.Highlights: Bank for International Settlements warns of financial stability risks from AI.AI and digital finance reshaping...

Europe’s Payment Sovereignty Strengthens with Pay by Bank Initiative

New proposal by ETTPA aims to enhance EU payment ecosystem.Highlights: ETTPA proposes the Pay by Bank initiative for enhanced payment sovereignty in Europe.The initiative...

Mine Raises $14M to Launch AI Money Agent for Gen Z

The innovative app aims to assist young users in managing their finances.Highlights: Mine raises $14 million in funding.The app targets Gen Z users for...

Nationwide Strengthens Cloud Strategy with New AWS Contract

The partnership aims to enhance Nationwide's digital banking capabilities.Highlights: Nationwide signs a new contract with AWS.The partnership focuses on improving digital banking services.This move...
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