Banking
Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering
Expanded Partnership:PTSB, a Dublin-based bank, has expanded its partnership with Worldpay to offer additional merchant services to its commercial customers.Background:PTSB...
Banking
CloudPay secures $120m funding round led by Blue Owl Capital
Funding Details:CloudPay secured $120 million in a funding round led by Blue Owl Capital, with additional participation from previous investors Hollyport Capital,...
Banking
Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape
Bank of England Discussion Paper on Payments Innovation
Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...
Banking
Simona Covaliu appointed new CRO of PayU GPO
PayU GPO Appoints Simona Covaliu as Chief Risk Officer (CRO)
Key Highlights:New Appointment:Position: Chief Risk Officer (CRO)
Appointee: Simona Covaliu
Responsibilities: Leading compliance,...
Banking
Morgan Stanley buys stake in UK business payments start-up Sokin
Key Points:Acquisition Details:Morgan Stanley has acquired a significant stake in Sokin, a UK-based business payments start-up.
Transaction led by Morgan Stanley Expansion...
Banking
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original Order:Modulr was ordered to...
Banking
Cash App to exit UK as Block scales back international expansion plans
Summary of Cash App's Exit from the UK MarketCompany: Cash App, a division of Block (formerly known as Square), led by Jack Dorsey.
...
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