/markets
Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% - far slower than the previous year - to $44.3 billion.
04 April 2025
/security
Visa has unveiled Aric Risk Hub, an AI-based fraud prevention platform designed to help protect banks, acquirers, and financial institutions against a broad spectrum of fraud and financial crime.
/startups
Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East and North Africa.
03 April 2025
/retail
Plaid has raised $575 million in a secondary share sale that sees the open banking platform's valuation drop from $13.4 billion in 2021 to $6.1 billion.
/regulation
The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard.
Djamo, a neobanking startup serving the underbanked market in Francophone West Africa, has raised $17 million.
/payments
Shares in money transfer firm Wise jumped six percent in early morning trading as it posted preliminary figures ahead of its capital markets day event.
/crypto
Ripple has integrated its recently-launched stablecoin into its flagship cross-border payments system.
/ai
Monzo co-founder and Y Combinator partner Tom Blomfield has kicked up a stir by tolling the death knell of the humble software engineer, claiming that AI will soon be "provably and obviously better at basically every facet" of coding.
Visa has reportedly offered Apple roughly $100 million to take over the tech giant's credit card partnership from Mastercard.
02 April 2025
PayPal is launching its new advertising platform in the UK, tapping into its trove of customer data to help merchants better target their ads.
Halal vehicle finance fintech Ayan Capital has secured a significant £25 million in Shariah-compliant financing from institutional debt provider Partners for Growth (PFG).
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