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/identity

Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

/payments

Revolut doubles down on B2B with launch of POS Terminal for larger businesses

Revolut is rolling out a POS terminal device for larger businesses in the UK and Ireland in advance of Black Friday and the busy festive shopping season.

/retail

AperiData rolls out open banking credit score

Credit Referencing Agency AperiData has released a real-time open banking credit score to help lenders more accurately guage the ability of applicants with limited credit history to repay their debt.

/payments

Citi Token Services for Cash goes live

Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.

/sustainable

Sustainable Finance Live: Environmental sector isn’t “investable or professional yet”

Dr Rich Stockdale, founder of Oxygen Conservation, gave the closing keynote of Sustainable Finance Live 2024, looking into how the investment into natural capital can evolve in the future.

/sustainable

Sustainable Finance Live: Regulations driving sustainable transactions

Regulation and policy can be an important step sustainable transactions at a global level. There are many different perspectives on how to help implement these regulations within the financial services, which this Sustainable Finance Live session covered.

/devops

UK fintechs have an overall positive impact on the country - Innovate Finance

The FinTech Impact Report 2024 reports that the UK fintech sector has improved financial inclusion and sustainable initiatives across the country.

/people

Ex-UBS boss Hamers joins AI wealth management startup Arta Finance

Former UBS chief executive Ralph Hamers has become an external senior advisor for Arta Finance, an AI-based digital wealth management startup founded by former Google executives.

/payments

Banked buys Australian A2A payments outfit Waave

London-based account-to-account payments provider Banked has gained a foothold in the Australian market through the acquisition of local player Waave. Financial terms were not disclosed.

/payments

Citi and Mastercard team on cross-border debit card payments

Citi is working with Mastercard to enable clients to make real-time cross-border payments to debit cards.

/regulation

TD Bank fined $3bn after money laundering guilty plea

TD Bank has agreed to pay $3 billion in penalties after pleading guilty to violating US anti-money laundering federal laws.

/retail

Monzo to hit £4.5bn valuation in employee share sale

Monzo is offering employees the opportunity to sell part of their stakes in the digital bank through a secondary sale that sees its valuation hit £4.5 billion.