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UK government looks to strengthen BNPL protections with launch of latest consultation

The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...

Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal

Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up, in a deal potentially valued...

Nutmeg State Financial Credit Union taps Alkami for digital banking upgrade

Nutmeg State Financial Credit Union, the sixth-largest in Connecticut, has partnered with Alkami Technology to upgrade its digital banking services. The credit union...

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

Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...

Barclays signs agreement to become exclusive issuer of GM credit card programme

Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The collaboration allows Santander customers to...

Dutch fintech start-up Tebi bags €20m Series A funding

Tebi, a Netherlands-based fintech start-up, has raised €20 million in a Series A funding round led by Index Ventures. Founded in 2021, Tebi...

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