Latest news headlines: Finextra Research

Apple and Google to face UK digital wallet competition scrutiny

Amid industry concerns about the dominance of Big Tech in the provision of digital wallets, UK financial regulators say they will take a back seat and support the country's Competition and Markets Authority in its wider investigations into Apple and Google’s mobile ecosystems.

4 hours

/people

Ex-Kuda exec alleges sex discrimination and unfair dismissal

A former executive at African digital bank Kuda has filed a case with the UK Employment Tribunal accusing the firm and CEO Babatunde Ogundeyi of sex discrimination, victimisation, and unfair dismissal.

5 hours

/payments

Mastercard rolls out One Credential for multiple scheduled checkout choices

Mastercard is launching One Credential, a single digitally connected credential that provides consumers and businesses with a multitude of scheduled payment options spanning debit, installments, prepaid and credit.

7 hours

/payments

Shift4 to acquire Global Blue for $2.5 billion

Shift4 is to acquire Global Blue, a payments and technology provider to luxury brands, for $2.5 billion.

9 hours

/people

Former Revolut UK CEO James Radford takes over the reins at Volopa

Former Revolut UK CEO James Radford has taken over as CEO of Volopa, a foreign exchange, international payments, and expense management company incubated by Quantum Group.

10 hours

/ai

CaixaBank sets out €5 billion technology roadmap

Spain's CaixaBank has laid out a two-year, €5 billion technology roadmap that will seek to put generative AI at the centre of the bank's operations.

19 hours

/ai

Mastercard and Feedzai form scam-fighting pact

Mastercard has joined forces with financial crime prevention specialist Feedzai to help banks tackle the next generation of AI-powered scams.

19 hours

/ai

SRA Watchtower raises $4 million for AI-powered risk intelligence

SRA Watchtower, an SaaS provider of AI-powered risk management and financial insight technology, has secured $4 million in funding.

18 February 2025

/startups

Global fintech investment falls to seven-year low

KPMG's bi-annual Pulse of Fintech report paints a sorry picture for the global fintech sector in H2'24 as both fintech investment and the number of deals fell to levels not seen since 2017.

18 February 2025

/startups

NatWest selects first five startups for Fintech Growth programme

NatWest has selected five startups to take part in its first 'Fintech Growth' programme.

18 February 2025

/crypto

Standard Chartered backs StraitsX stablecoins

Standard Chartered Bank is stepping deeper into the stablecoin space through a strategic partnership with StraitsX, a Singapore-licensed stablecoin issuer, to strengthen the reserve management of its US Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

18 February 2025

/security

Visa launches Tap to Add Card in three new markets

Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

18 February 2025