Tag: Regulation
French paytech Worldline’s shares tumble after company revises guidance
Worldline, a Paris-listed payments company, saw its shares plummet by nearly 60% after revising its revenue expectations for 2023 in its Q3 earnings...
US Bank subsidiary Elavon lands UK banking authorisation
Elavon Financial Services DAC, a subsidiary of US Bank, has obtained authorization from the Bank of England as a licensed provider of financial...
Al Rayan Bank goes live with Confirmation of Payee solution from obconnect
Al Rayan Bank, a UK subsidiary of Qatar-based Masraf Al Rayan, has partnered with Obconnect to enhance payment security and combat fraud.
The...
Generali Investments’ holding company taps Fenergo for AML compliance
Generali Investments Holding partners with Fenergo:They tap Irish fintech Fenergo for bolstering financial crime controls.
Aim to address a rise in money laundering...
US fintech Stash lands $40m in funding and appoints Amy Butte as independent audit chair
Stash raises $40 million in new funding:Led by funds advised by T. Rowe Price, with participation from existing investors.
Follows previous rounds of...
Australian government proposes new regulations for digital wallet providers
Australian government to regulate digital wallet providers
Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems'
Popular digital wallet providers...