NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights:...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting 500,000 customers.The breach was caused by an app glitch that went...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell its Nets payments division.The unit was purchased for $3.2 billion in...
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Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...

Visa Direct Expands Nordic Reach with Moonrise Partnership

Collaboration aims to enhance payment solutions in Northern Europe.Highlights: Visa Direct partners with Moonrise by Lunar.Expansion targets the...

Solaris Cuts 20% of Staff Amid AI Native Bank Transition

Restructuring plan aims to enhance efficiency and adapt to new technologies.Highlights: Solaris Bank announces a 20% workforce reduction.The...

Revolut Strengthens Presence with Indian Hiring Spree

The financial technology company seeks to expand its team in India.Highlights: Revolut is launching a significant hiring campaign...

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

Solana Foundation Launches Financial Developer Platform

Enhancing tools for developers in the blockchain finance space.Highlights:...

Spade Raises $40M to Strengthen Data and AI Platform

The funding will expand Spade's capabilities in data analytics...

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights:...

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in...

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for...

Aveni Selected by Quilter to Enhance Operations with AI

New partnership streamlines advice operations for Quilter using AI...

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