Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights:...

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights:...

CommBank Enhances Account Onboarding with Password Chip Scanning

New feature streamlines account setup via mobile app for users.Highlights: CommBank introduces password chip scanning in its mobile app.New feature accelerates account onboarding for customers.Technology aims to improve security...

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a National Trust Bank Charter.This move expands its capabilities in the financial...
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Visa Survey Reveals Businesses Ready to Embrace AI in Commerce

Consumer hesitation contrasts with business enthusiasm for AI adoption.Highlights: Visa survey finds 76% of businesses ready to adopt...

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

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

Wise Launches UK Current Account, Strengthening Banking Services

New offering aims to enhance financial management for UK...

Reserve Bank of Australia Introduces Caps on Interchange Fees

New regulations aim to lower transaction costs for consumers...

TPA Urges Government to Address Meta’s Role in Fraud Crisis

Trade body calls for urgent action to tackle rising...

SWIFT Strengthens Blockchain-Based Shared Ledger for Real Transactions This Year

The financial messaging service aims to integrate blockchain technology...

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology...

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative...

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