/payments
Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.
10 hours
Amazon has agreed to acquire Indian buy now, pay later firm axio in a deal reported to be worth more than $150 million.
/security
Ireland's Government has committed to the establishment of a shared fraud database between financial institutions, utility companies, and payment companies, against a backdrop where scammers stole almost €100 million in 2023.
/crypto
EToro has filed confidentially for a US initial public offering that could value the online investment platform at more than $5 billion.
14 hours
/regulation
Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.
18 hours
Komainu, a regulated digital asset services provider and custodian backed by Nomura, has sealed a $75 million investment from Blockstream capital.
22 hours
/wholesale
Hindenburg Research, the US-based short seller that had targeted several business entities including Temenos and Block, is going to be disbanded.
/sustainable
Carbon ratings agency BeZero Carbon has raised $32 million in series C funding.
16 January 2025
Apple is reportedly in talks with Barclays to replace Goldman Sachs as its credit card issuer.
/wealth
Freetrade, the self-directed investment platform, has agreed to be acquired by London-listed IG Group for £160 million.
/startups
French revenue management startup Hyperline has raised $10 million in a seed extension round led by Index Ventures.
Just half of BNPL users in the UK are aware of late payment fees, with even fewer knowing how much these fees might be, according to research for the LSB (Lending Standards Board).
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