Payments

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been launched as Teciem.Apax Partners initiates spin-out to focus on fintech growth.Teciem...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...

TSB Warns of Spike in Romance Scams Affecting Customers

The UK bank alerts clients about increasing incidents of online fraud.Highlights: TSB reports a significant increase in romance...

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...

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...
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Emirates NBD Launches Digital Skills Incubator for Fintech Innovation

Aiming to nurture talent and drive digital transformation in finance.Highlights: Emirates NBD's incubator aims to foster digital talent in fintech.The initiative will support startups...

AWS Outage Disrupts UK Banks’ Online Services

A significant cloud service failure impacts banking stability and customer access.Highlights: AWS outage significantly impacts multiple UK banks' online services.Customers face disruptions in banking...

AWS Outage Disrupts UK Banks’ Online Services

Impact of AWS downtime on financial services and customer access.Highlights: AWS outage led to significant disruptions in UK banks' online services.Customers faced accessibility issues...

Lloyds and Lolly Launch Pay-by-Bank Self-Service Kiosks

Innovative technology enhances payment flexibility and customer experience.Highlights: Lloyds and Lolly introduce Pay-by-Bank kiosks for seamless transactions.Customers can enjoy increased flexibility and convenience.The kiosks...

Romance Scams Cost Brits £108M in 2024

How Romance Fraud is Impacting Online Relationships and FinancesHighlights: Brits lost a staggering £108 million to romance scams in 2024.The rise of online dating...

PayPal’s Crypto Partner Mints 300 Trillion Stablecoins in a Technical Glitch

Exploring the Consequences of a Massive Minting Error in the Crypto SphereHighlights: PayPal's partner experienced a significant technical error that led to the minting...

US Seizes $1.5 Billion in Bitcoin from Alleged Forced Labour Pig Butchering Scam

Investigating Cryptocurrency Fraud: The Scale and Impact of the Butchering ScamHighlights: US authorities seized $1.5 billion in Bitcoin linked to a massive scam.The scam...

UBS Appoints Chief AI Officer to Drive Innovation

Strategic Leadership in AI: Shaping the Future of Banking at UBSHighlights: UBS has appointed a Chief AI Officer to lead its AI initiatives.The new...

Ripple Expands Reach with $1B GTreasury Acquisition Targeting Corporate Treasury

Exploring Ripple's Strategic Move to Enhance Treasury Solutions for CorporationsHighlights: Ripple has acquired GTreasury for $1 billion, enhancing its offerings in corporate treasury solutions.The...
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