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/retail

Finextra's year in review

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.

/security

EPC issues RFP for API Test Toolbox for verification of payee

The European Payments Council has issued a request for proposal (RFP) for an API Test Toolbox for the Verification of Payee scheme.

/crypto

USDC comes to the big screen

US movie chain Regal is to accept USDC stablecoins through Coinbase wallet as payments for tickets at all of its big screen locations.

/payments

Fiserv boosts embedded finance offering with Payfare acquisition

Fiserv is boosting its embedded finance capabilities with the acquisition of Payfare, a provider of workforce payments for gig economy companies.

/crypto

North Korea hackers behind 60% of all crypto stolen in 2024

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.

/payments

CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

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.

/predictions

Fear of fraud in instant payments shouldn’t stop progress – US Faster Payments Council

A key conflict that will undoubtedly shape progress within fintech successes throughout 2025 is the shifting innovations of instant payments and the problem of evolving fraud alongside it.

/payments

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

In an attempt to grow the use of the cashless economy, operator of Nigeria's most used mobile wallet PalmPay has partnered with African e-commerce giant Jumia.

/markets

Crédit Agricole to acquire Santander stake in Caceis

Crédit Agricole SA will continue to strengthen Caceis’ position as one of the major European players in asset servicing, supporting its clients’ business development objectives.

/payments

Chargeback platform Justt raises $30 million

Chargeback management firm Justt has secured a $30 million Series C round to fund global expansion.

/sustainable

Sustainability-linked bonds see a drop in issuance – AFME ESG Report

The Association for Financial Markets in Europe (AFME) has released its ESG report for the third quarter of 2024, seeing key developments in the ESG finance space.

/retail

Chime files for IPO

Digital-first mobile bank Chime Financial has reportedly filed for an IPO, according to sources cited by Bloomberg.