Tag: payments

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European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

FCA calls for “robust frameworks” to detect fraud and support victims

The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems. The FCA's recent review revealed both good and poor practices in...

US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments. Deal Value: The potential acquisition is valued at $1.95...

CFPB targets US fintech firms with proposals for increased regulatory scope

The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks. Proposed regulations...

European regulators agree on new rules for SEPA instant payments

New Rules for Instant Payments in EuropeEuropean Council and Parliament agree on rules for instant payments. Banks and PSPs offering standard euro...

Italian fintech Qomodo lands €34.5m pre-seed funding

Funding Round: Qomodo, a Milan-based startup, secures €34.5 million in a pre-seed funding round led by Fasanara Capital. Investors: The funding includes credit...