/wholesale
Thomson Reuters has acquired cloud-native tax automation firm SafeSend for $600 million in cash.
58 mins
/payments
Meta-owned WhatsApp has been given the greenlight to roll out its P2P payments service to all of its Indian users.
UK-based payments processor Checkout.com has cut almost a quarter of its work force following a drop in revenue.
13 hours
/crypto
The US Internal Revenue Services (IRS) and Treasury are facing legal action from a number of blockchain trade groups over newly introduced rules for crypto brokers.
/ai
Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.
14 hours
/regulation
The US Department of Justice and Federal Trade Commission have launched legal action against Dave, the mobile banking app, alleging that it misled customers over its charges.
15 hours
/retail
With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.
23 December 2024
/security
The European Payments Council has issued a request for proposal (RFP) for an API Test Toolbox for the Verification of Payee scheme.
US movie chain Regal is to accept USDC stablecoins through Coinbase wallet as payments for tickets at all of its big screen locations.
Fiserv is boosting its embedded finance capabilities with the acquisition of Payfare, a provider of workforce payments for gig economy companies.
Crooks stole $2.2 billion in cryptocurrency in 2024, with hackers associated with North Korea accounting for $1.3 billion, according to a study from Chainalysis.
The Consumer Financial Protection Bureau has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo, accusing them of allowing fraud to "fester" on P2P payments platform Zelle.
20 December 2024
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