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/retail

Revolut to buy Argentina's Banco Cetelem - Bloomberg

Fintech giant Revolut is set to buy Small Argentinian lender Banco Cetelem from BNP Paribas, according to Bloomberg.

/retail

BBVA launches digital bank in Germany

Spain's BBVA continues its European expansion, launching a 100% digital retail bank in Germany.

/payments

Chase launches UK credit card

UK digital challenger bank Chase is launching its first credit card, offering customers 0% interest on purchases for up to 15 months.

/payments

Indian fintech Pine Labs plans IPO

Pine Labs, the India-based payments firm, is looking to raise more than $300m from its planned listing.

/ai

Irish bankers concerned about job displacement through AI - survey

The vast majority of employees in Ireland's financial services believe that the rise of AI will lead to job displacement across the industry, according to a recently released survey.

/people

ANZ head of tech to retire

Australian bank ANZ is on the lookout for a new technology head after group executive technology and group services Gerard Florian announced his departure.

/markets

Global fintech growth challenged by macroeconomic risks - WEF report

Macroeconomic risks have been highlighted as the biggest concern affecting the growth of global fintechs, according to research from the World Economic Forum (WEF).

/crypto

Barclaycard blocks credit card crypto purchases

Brits will no longer be able to buy cryptocurrency with their Barclaycard credit cards from later this week.

/crypto

SoFi adds crypto services and blockchain-powered remittances

US fintech SoFi is taking advantage of the changing regulatory landscape under the Trump administration to reintroduce crypto services.

/crypto

South Korean banks hatch plans to issue Won-backed stablecoin

South Korea's largest banks have formed a consortium to issue a Won-backed stablecoin.

/wealth

Envestnet to sell open finance business Yodlee to PE firm STG

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.

/payments

Worldline shares tumble over media allegations of fraud cover up

Worldline shares plunged by 20% after multiple media outlets alleged that the French payments processor covered up client fraud to protect revenue