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The Consumer Financial Protection Bureau (CFPB) has announced its suit against Climb Credit and its largest shareholder 1/0 for misrepresenting the quality of its training programmes at partner schools.
18 October 2024
HSBC is to make it easier for international customers with no local credit history to apply for a UK mortgage.
Banking regulators have put the financial industry on notice that they must begin immediately developing plans for mitigating quantum computing risks.
Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of the year, according to new data from UK Finance.
The UK Government is pressing ahead with new rules designed to protect online shoppers using buy now, pay later products.
17 October 2024
Klarna buy now, pay leter credit is now available to users checking out on Apple Pay online and in apps with an iPhone and iPad.
Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.
The FCA is launching an AI Lab to work alongside banks, tech firms, academia and consumer groups to explore how AI can be safely and effectively integrated into financial services
Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.
Wearable payments outfit MuchBetter is to offer free contactless ceramic payment rings to everyone in the UK.
Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its growth plans.
16 October 2024
Zopa Bank has won a deal with high street retailer John Lewis to to offer personal loans to its 23 million customers.
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