clear
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/payments

Ebury appoints Goldman Sachs to lead UK IPO

Santander-backed Ebury has reportedly appointed Goldman Sachs to lead a forthcoming £2 billion IPO in London.

/security

BBVA opens global cybersecurity centre in Mexico

BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats.

/regulation

Fed fines Green Dot $44m

The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards and its tax return preparation payment services.

/security

Banks and payments hit as faulty CrowdStrike update causes global Microsoft outage

Banks and card payment systems are among the victims of the worldwide tech outage on Microsoft platforms.

/sustainable

Sustainable Finance Live 2024: Agenda and speakers live

Sustainable Finance Live 2024 will kick off of Tuesday 8 October at Events@No6 in London. Finextra’s annual sustainable event will have interactive workshops, stimulating panel sessions, and a dynamic hackathon.

/markets

CFPB proposes rule for paycheck advance products

The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.

/inclusion

FCA calls on financial institutions to improve treatment of PEPs

The FCA has told financial firms to do more to ensure politically exposed persons (PEPs) and their families are not treated unfairly.

/payments

Cash App quits UK

Block is killing off its Cash App P2P payments service in the UK as it "deprioritises global expansion".

/payments

Home equity-backed credit card provider Aven joins unicorn club

California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US.

/crypto

Standard Chartered joins Hong Kong stablecoin sandbox

Standard Chartered is among the firms picked to join Hong Kong's new stablecoin issuer sandbox. The announcement comes a day after the island's regulators said they will soon propose a regulatory regime for stablecoin issuers.

/payments

UK RTGS Chaps goes down

The Bank of England says a 'global payments issue' dealyed high value payments, including house purchases, processed through the national real-time gross settlement system Chaps.

/crypto

Hackers steal $230m from Indian crypto exchange WazirX

Indian cryptocurrency exchange WazirX has been hacked, with crooks making off with around $230 million in various tokens.