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Barclays has been hit by an IT problem that has left some customers unable to access their accounts online or through the app.
31 January 2025
The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.
Llloyds Banking Group has reacted to the growing pressure on banks to build safeguards around their deployment of artifical intelligence tools by appointing Magdalena Lis as head of 'responsible' AI.
Crypto exchange Kraken has launched a payments service that lets users send more than 300 different fiat and digital currencies to friends and family.
Starling Bank chief Raman Bhatia has returned to his former firm Ovo Energy to poach Joe Gordon as chief operating officer.
Money transfer platform Wise has been hit with a $2.025 million penalty from the Consumer Financial Protection Bureau (CFPB) for misleading customers about fees and charges.
30 January 2025
Money transfer giant Wise has launched in Mexico as it seeks to tap into another multi-billion dollar market.
Chrysalis Investments has seen its share price rise by six percent after upping the valuation of fintech portfolio companies Starling and Klarna.
French banking-as-a-service platform Swan has raised a further €44 million to support its EU expansion and product diversity strategy.
Formance, developer of an open source programmable ledger for financial flows, has closed on a $21 million Series A funding round co-led by PayPal Ventures and Portage Ventures, with participation from Y Combinator, Hoxton Ventures, and Axeleo Capital.
Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale's venture capital fund.
Banco Sabadell is using transaction enrichment technology from Snowdrop Solutions to enable its customers to accurately visualise the locations of their card transactions on a map, along with the merchant name and logo for clearer understanding.
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