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/security

Mastercard debuts Payment Passkeys in India

Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.

/retail

TSB boosts access to Emergency Flee Fund with video banking

TSB is making its Emergency Flee Fund available to victims of domestic abuse on its video banking platform.

/ai

Stripe taps AI for cross-border commerce in Asia

US payments giant Stripe is bidding to build on its momentum in Asia with a host of new AI features to support cross-border commerce in the region.

/markets

Aussie fintech Halo establishes Glasgow base

The UK arm of Australian investing fintech Halo Technologies is setting up an operations and development centre in Glasgow, creating more than 60 jobs in the city.

/inclusion

Comun raises $21.5m for immigrant-focused neobank

Comun, a Latino-founded neobank for immigrants in the US, has raised $21.5 million in a Series A funding round.

/payments

Shift4 to acquire Givex for C$200 million

Shift4 Payments is to acquire Canadian gift card company Givex for C$200 million in an all-cash transaction.

/regulation

FCA rules and slow approval times dent the UK's aspirations to become a global crypto hub

British ambitions to become a global crypto hub are being hindered by a conservative regulatory approach that has seen applications for registration by crypto firms drop by 51% over the past three years.

/payments

Amazon invests $20 million in Indian BNPL firm Axio

Indian buy now, pay later firm Axio has landed a $20 million equity investment from Amazon's Smbhav Venture Fund.

/sustainable

UK climate fintech Zero secures partners ahead of launch

Zero, a UK finance app targeting climate-active young Brits has signed up a host of technology partners ahead of its launch later this year.

/wholesale

Summit Partners and Visa Equity put Trintech in the shop window

Summit Partners and Vista Equity are sounding out investment bankers for a potential sale of financial software house Trintech.

/ai

Klarna to use AI to halve workforce

Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.

/payments

Revolut signs global Visa Direct agreement for cross-border business transactions

Revolut has teamed up with Visa to offer business customers instant card transfers for cross-border transactions.