Banking
FCA places embattled Metro Bank on financial crime watchlist as rescue deal continues
Metro Bank's Situation: The bank is on the Financial Conduct Authority's (FCA) financial crime watchlist, confirmed on June 6.
Reasons for Listing: The FCA's action...
Banking
Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
Facts...
Banking
US crypto exchange Coinbase expands into Canada
Coinbase is expanding into Canada, integrating Interac e-Transfers for quick and secure fund transfers. The move aligns with Canada's crypto awareness and tech ecosystem.
Facts...
Banking
US fintech Block set to close European payments app Verse
San Francisco-based payments company Block is closing some of its European business operations, including its peer-to-peer payment app Verse and its buy now, pay...
Banking
UK challenger Atom Bank records first ever annual operating profit
UK digital challenger Atom Bank has achieved its first annual operating profit of £4 million in FY23, attributing its success to a strong customer...
Business
B2B fintech Aspire reports profitability
B2B fintech Aspire has announced its profitability, following a successful Series C funding round. Aspire provides a comprehensive finance operating system for businesses and...
Payments
Paytech titan Diebold Nixdorf set to file for Chapter 11 bankruptcy protection
Paytech titan Diebold Nixdorf is set to file for Chapter 11 bankruptcy protection as part of a debt restructuring agreement. The move is aimed...
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