/people
German prosecutors have charged a further two Wirecard executives with wrong-doing in the lead up to the collapse of the once hyped fintech company.
06 August 2024
/cloud
NCR Voyix has entered an agreement to sell its cloud-based digital banking business for $2.45 billion in cash to Veritas Capital.
/startups
Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
/wealth
European alternative investment platform Mintos has wrapped up a €3.1 million crowdfunding campaign on Crowdcube.
/security
Australia's Commonwealth Bank says it has cut customer scam losses in half in FY24 through a combination of new anti-scam technologies, cross-industry collaborations and customer education.
Qardy, the operator of a digital lending marketplace in Egypt and the Mena regions, has secured a $7-figure pre-Seed round of investment with participation from White Field Ventures and Vastly Valuable Ventures.
/payments
Neighborhood loyalty platform Bilt Rewards has lifted its valuation to $3.25 billion on the back of a $150 million funding round.
05 August 2024
/markets
US online brokerages suffered downtime as market opened in anticipation of a stock market rout.
The UK's National Crime Agency has shut down a platform used by hundreds of criminals to defraud victims across the world through the use of spoofed phone calls.
JPMorgan Chase is considering taking legal action against the Consumer Financial Protection Bureau (CFPB) over an ongoing probe into the abuse of Zelle payments by scammers.
/retail
Nationwide is use its national network of branches to offer specialist dementia clinics to help tackle the country’s leading cause of death.
Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.
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