/people
Santander has hired PayPal exec Nitin Prabhu as global head of its Digital Consumer Bank.
11 December 2024
/startups
Ayan Capital, a London-based Islamic fintech, has secured £2.8 million in equity funding to expand halal car finance and other Islamic finance products in the UK.
/security
Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning
/crypto
Deutsche Bank has signed on as Crypto.com's corporate banking partner in Singapore, Australia and Hong Kong, with additional support and coverage to come.
/payments
Payroll firm CloudPay has formed a partnership with Banco Santander to give employees of the bank's SME and company clients in Spain real-time access to their earned wages.
Mobile banking firm MoneyLion has agreed to be acquired by tech group Gen Digital in a $1 billion cash deal.
10 December 2024
/ai
ThetaRay has integrated with Microsoft Azure OpenAI Service to develop a GenAI financial crime detection suite.
Brighty, a Swiss digital finance platform for crypto-card payments, has secured $10 million in funding from Futurecraft Ventures to expand its presence in Europe and the UK.
/retail
Warwick Business School has launched a new Fintech Innovation Lab in the West Midlands following £4.2m of investment.
Norway's Vipps is claiming first place in the race to take on Apple Pay, enabling its users to tap their iPhones for instore payments.
Spain's Caixabank has launched an in-branch video service providing instantaneous sign language interpretations to the hearing impaired.
/regulation
As Europe moves closer to boosting open finance through the rollout of Financial Data Access (FIDA) legislation, a host of associations have called for a "thorough assessment" of its impact to avoid damaging the sector's competitiveness.
09 December 2024
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