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/people

Revolut opens job recruitment tool to companies on LinkedIn

Revolut has integrated its inhouse recruitment platform with LinkedIn, enabling companies to use the toolkit to manage their application and hiring processes direct from the business and employment-focused social media platform.

/retail

GB Bank secures £85 million capital raise

GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.

/ai

Kudos raises $10.2m for AI-powered smart wallet

Kudos has raised $10.2 million in a Series A funding round led by QED Investors for its AI-powered smart wallet and shopping assistant.

/retail

Half of young Brits left frustrated after finding local branch has closed

Half of young Brits have been left frustrated after finding their local branch closed when they needed it, according to research from Nationwide.

/regulation

US Supreme Court sides with CFPB funding

The US Supreme Court has rejected an attempt to undercut the funding of the Consumer Financial Protection Bureau (CFPB).

/startups

Wefox warns shareholders of insolvency

Insurance unicorn Wefox has warned investors that it may soon face insolvency due to financial losses and regulatory charges.

/regulation

Australia passes Digital ID Bill

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

/devops

TCF 2024 day 2: ESG, AI, and the market outlook

Benjamin Ensor, director of research and strategy at 11:FS, moderated the first panel of the day to look at a market updates. He was joined by Kanika Hope, chief strategy officer, Temenos; Dan Broten, chief technology officer, EQ Bank; and Rob Keijsers, chief digital and information Officer, ASA International.

/payments

A2A payments firm Aeropay raises $20m

American open banking account-to-account payment fintech Aeropay has raised $20 million in a Series B funding round led by Group 11.

/payments

Iberpay and Santander become first particpants in EPC's OCT Inst scheme

Spain's Iberpay and Santander have signed up as the first participants in the European Payment Council's new OCT Inst scheme for faster international account-to-account payments.

/startups

Mastercard picks new batch of crypto and blockchain Start Path firms

Mastercard has welcomed five new firms to its Start Path startup programme specifically for firms in the cryptocurrency and blockchain space.

/regulation

FCA charges reality TV stars over 'finfluencer' campaign

The Financial Conduct Authority has charged a host of so-called 'finfluencers' - including former Only Way is Essex star Lauren Goodger - for promoting an unauthorised trading scheme to their social media followers.