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Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.
10 October 2024
MoneyGram has confirmed that the cyberattack that knocked out its service for several days last month saw crooks steal customer data, including bank account numbers.
According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.
09 October 2024
Worldline is moving into embedded payments via a partnership with Online Payment Platform (OPP), a provider of payment technology for platforms and marketplaces.
Crypto.com has filed a lawsuit against the Securities and Exchange Commission after receiving a Wells notice from the regulator warning that enforcement action may be on the way.
South Africa is set to become the first country to benefit from Mastercard's push to introduce real-time card payments.
Customers of failed crypto exchange FTX will receive up to $16.5 billion under a bankruptcy plan approved by a US judge.
08 October 2024
The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.
The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.
The board of Klarna Bank has agreed to remove Mikael Walther, a close ally of co-founder Victor Jacobsson, according to the Financial Times.
07 October 2024
London-headquartered money transfer outfit Zepz has raised $267 million in a funding round led by Accel.
A war of words has broken out between banks and big tech firms over who should be primarily responsible for reimbursing victims of fraud.
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