Lloyds Faces Scrutiny Over App Glitch Exposing Customer Data

Parliamentary committee demands answers on serious data breach incident.Highlights: Lloyds Banking...

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen will lead AI strategy and innovation at Finastra.This role aims to...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin capabilities.This acquisition reflects growing interest in cryptocurrencies.Mastercard has announced its...
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CFIT Strengthens Digital Identity Solutions for Businesses

New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...

AI-Based Loan Origination Platform Fuse Secures $25 Million in Funding

Funding will enhance Fuse's AI-driven lending solutions for financial institutions.Highlights: Fuse raises $25 million to boost its AI-powered...

Nordea Cuts 1,500 Jobs as AI Drives Cost Savings

Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving...

Visa Strengthens AI Payments Trials with Multiple Banks in the UK and Europe

Visa collaborates with numerous banks to innovate AI-driven payment solutions.Highlights: Visa partners with several banks in the UK...

FINTECH

Paytech

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Banked, a UK-based fintech, has acquired Waave, a...

HSBC launches embedded finance venture SemFi with Tradeshift

HSBC has launched SemFi, a new B2B embedded...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance...

Most Popular

European Fintechs Strengthen as Reliance on US Investors Tightens

Analysis reveals changing dynamics in European fintech investment landscape.Highlights:...

Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up

Multiple customers received information intended for strangers, raising concerns.Highlights:...

Lloyds Bank Tightens User Account Security Measures

Customer mistakenly accessed stranger's account, prompting changes.Highlights: Lloyds Bank...

RBC Strengthens Mortgage Offerings with Pinch Acquisition

Royal Bank of Canada acquires tech firm to enhance...

X Money Launches in April, Strengthening Elon Musk’s Digital Finance Reach

Elon Musk's X Money is set to launch next...

Mastercard Strengthens European Payments Sovereignty Debate

Mastercard addresses key issues in Europe's payments landscape.Highlights: Mastercard...

Data Leak Accelerates After Telco Refuses Ransom Payment

Hackers leak sensitive customer data amidst failed ransom negotiations.Highlights:...

Revolut Strengthens Operations by Achieving Full UK Banking Licence

The fintech firm can now offer a wider range...

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