/startups
A new fintech "acceleration partner" chaired by Atom and Metro Bank co-founder Anthony Thomson has added its first two portfolio companies, backing SME banking and payments firm wamo and climate-focused outfit ekko.
25 July 2024
/ai
Trading and investing platform eToro is launching an AI-generated advertising campaign for the Paris Olympics.
/inclusion
Egyptian fintech unicorn MNT-Halan is prepping regional expansion after securing around $157.5 million in funding.
/retail
UK neobank app users are on track to surpass legacy banks for the first time by Q1 2025, according to research conducted on the Google Play Store by SplitMetrics.
/crypto
The Bank of Israel has assembled 14 teams from the private sector, the public sector, and academia to study potential use case for a digital shekel.
24 July 2024
/regulation
Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules from the Financial Conduct Authority (FCA).
UK challenger bank Monzo is further diversifying its product range with the launch of a new pension conolidation product that tracks down old pensions and brings them into one fund in the Monzo app.
Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.
/payments
The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures.
The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.
Tim Berners-Lee is eying the next phase of the web as his company Inrupt launches a white-label "data wallet" that lets people store, manage and share their data.
More than 10 million UK consumers and small businesses are now regularly benefiting from using open banking technology.
23 July 2024
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