/crime
With summer holidays on the horizon, Lloyds Bank is cautioning customers against scams as they book their vacations.
12 April 2024
/retail
Russia’s MTS Bank has announced it will hold an initial public offering (IPO), despite current Western sanctions on Russian banks.
/wholesale
Mimo, a platform designed to simplify business-to-business payments, has raised £15.5 million in an investment round led by Northzone.
Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.
11 April 2024
/people
Former PayPal and American Express boss Dan Schulman is joining Valor Capital Group, the cross-border venture fund focused on bridging the US and Latin American technology markets.
/startups
Pactio, a UK-based fintech focused on the private equity (PE) market has completed an £11m series A funding round
/crypto
Hong Kong's financial regulator is poised to give the green light to the first batch of bitcoin spot ETFs.
/payments
The Clearing House's Chips private-sector high-value clearing and settlement system has migrated to the ISO 20022 messaging format.
/regulation
British-based fintech Revolut has set its sights on Mexico after securing a banking license in the country.
10 April 2024
UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.
The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.
/security
Financial services firms have been hit with $12bn in losses over the last two decades as a result of cyber attacks, according to a recently published report from the International Monetary Fund (IMF).
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