/regulation
Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.
11 July 2024
/ai
Named AWS App Studio, financial institutions, fintech firms and virtually any organisation are now able to build an application that could have taken a professional developer days to create from scratch, but in minutes.
/crime
This news comes a week after the UK payments group issued a plea to Chancellor Rachel Reeves to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.
/inclusion
Based in Central Asia, digital banking provider TBC Uzbekistan is a subsidiary of London-listed TBC Bank Group.
/startups
Berlin-based brokerage-as-a-service platform lemon.markets has raised €12 million in a funding round led by CommerzVentures.
BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant's commercial models.
/crypto
Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.
10 July 2024
The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance.
/payments
White label buy now, pay later player Divido has been declared insolvent.
/markets
Golgdman Sachs has led a $36 million Series C funding round in alternative investment data platform Canoe Intelligence.
Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.
/security
Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login.
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