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MuchBetter secures Mastercard Principal Licence for expansion into UK and Israel

MuchBetter, the award-winning payments innovator, has been granted a Principal Licence by Mastercard for card issuing activities in the UK, with regulatory approval secured to extend the licence to Israel.

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UK banking regulators sketch out boundaries for co-operation in payments planning

The Memorandum of Understanding (MoU) provides an opportunity to strengthen coordination between the Bank of England (the Bank), FCA, Prudential Regulation Authority (PRA), and Payment Systems Regulator (PSR).

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Carmoola secures £300m ABS debt facility from NatWest and Chenavari

Carmoola, the UK-based fintech that is transforming car finance, has announced the completion of a landmark £300 million private asset-backed securities (ABS) facility, in partnership with NatWest and Chenavari Investment Managers.

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PingPong implements Verification of Payee with Form3

PingPong, the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

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RS2 collaborates with Visa

RS2, a global provider of payment software and processing solutions, has today announced it will collaborate with Visa, a world leader in digital payments, to offer an end-to-end acceptance infrastructure proposition.

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Deutsche Bank partners with Silverflow for cloud-native digital payments

Silverflow, the new standard in payment processing, has partnered with Deutsche Bank to launch a new cloud-native payments platform across Europe.

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GoKwik raises $13 million for expansion into Europe

GoKwik, Asia’s leading e-commerce enabler, today announced that it has closed a $13 million growth round.

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Former Bendigo and Adelaide Bank CEO Marnie Baker joins FinTech Australia board

FinTech Australia today announced the appointment of prominent banking leader Marnie Baker to its board as a Non-Executive Director, adding notable leadership and policy expertise to the peak body’s strategic direction.

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Consumer credit platform Spinwheel raises $30 million

Powering the future of the consumer credit ecosystem, Spinwheel is rewiring how consumer credit data is accessed, activated, and embedded into financial workflows. Today, the company announced the close of its $30 million Series A funding round, led by F-Prime with participation from QED Investors, Foundation Capital, and Fika Ventures.

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Velda raises $18 million bring DeFi to consumer and institutional audiences

Veda, the leading DeFi vault platform enabling crypto applications, asset issuers, and protocols to build enterprise-grade cross chain yield products, today announced it raised $18M in funding.

/retail

Tandem names Neil Chandler as new CEO

Tandem Bank has today announced that Neil Chandler has been named CEO, subject to regulatory approvals.

/retail

BBVA Kripto chooses Wyden for digital asset trading infrastructure

Wyden, the leading provider of institutional digital asset trading infrastructure for regulated institutions, and Garanti BBVA Kripto, a subsidiary of Garanti BBVA, one of Turkey’s largest banks, have announced a strategic partnership to support the growth of Garanti BBVA Kripto’s digital asset trading offering to its retail and corporate customer base.

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