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Latest Results from /payments

/payments

Brazil delays launch of recurring Pix payments

The Brazilian central bank has pushed back the addition of recurring payments to its Pix platform from October until next June.

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Stables launches stablecoin virtual card in Europe

Australian stablecoin payment startup Stables has launched in Europe with a Mastercard virtual card.

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Customer complaints over fraud reimbursement by Revolut surge

The UK's Financial Ombudsman has fielded a 35% surge in customer complaints about requests for reimbursement over scam thefts being denied by Revolut.

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FCA to lift customer onboarding restrictions for Modulr

The FCA is preparing to lift restrictions on the onboarding of new customers at UK fintech firm Modulr subject to advance notification.

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Ebury appoints Goldman Sachs to lead UK IPO

Santander-backed Ebury has reportedly appointed Goldman Sachs to lead a forthcoming £2 billion IPO in London.

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Fed fines Green Dot $44m

The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards and its tax return preparation payment services.

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CFPB proposes rule for paycheck advance products

The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.

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Cash App quits UK

Block is killing off its Cash App P2P payments service in the UK as it "deprioritises global expansion".

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Home equity-backed credit card provider Aven joins unicorn club

California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US.

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UK RTGS Chaps goes down

The Bank of England says a 'global payments issue' dealyed high value payments, including house purchases, processed through the national real-time gross settlement system Chaps.

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Chase stops customers using credit cards to make BNPL instalment payments

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

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Brazil's Matera raises $100m from Warburg Pincus for US push

Matera, a Brazilian fintech that has become a significant part of the country's Pix instant payments ecosystem, is targeting North America after securing $100 million in investment from Warburg Pincus.