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/retail
Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint. Terms were not disclosed.
24 January 2025
Fiserv has appointed former PNC Financial Services Group president Michael Lyons as president and CEO-elect, replacing Frank Bisignano, who is joining the Trump administration.
23 January 2025
PayPal will pay $2 million to settle New York State charges that cybersecurity failures at the firm led to customers' social security numbers being exposed.
The Dutch government has moved to stop the spread of buy now, pay later services onto the high street, asking Klarna to reconsider its plans to move into physical stores.
The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
Payments processor Checkout.com is targeting full-year profitability in 2025 after a strong finish to 2024 that saw 45% year-on-year net revenue growth in its core business.
Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.
European fintech investment increased 10% in 2024 in a sign of increasing confidence for one of the continent’s leading tech sectors.
With Donald Trump in power, the new acting chairman of the Securities Exchange Commission has moved to reset the watchdog's approach to digital assets, launching a crypto task force dedicated to developing a regulatory framework for the sector.
22 January 2025
Starling Bank is further bolstering its leadership team with the appointment of NatWest executive Raghu Narula as chief banking officer.
The UK Financial Conduct Authority is planning to remove the £100 contactless limit and implement an open finance regime tackling SME financing.
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