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Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.
24 July 2024
The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures.
The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.
Tim Berners-Lee is eying the next phase of the web as his company Inrupt launches a white-label "data wallet" that lets people store, manage and share their data.
More than 10 million UK consumers and small businesses are now regularly benefiting from using open banking technology.
23 July 2024
Nationwide Building Society has followed in the footsteps of Lloyds Banking Group by joining the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.
Smart money app Plum has raised £13.4m in funding from institutional investors and an additional £2.7 million from a crowdfunding campaign.
The Brazilian central bank has pushed back the addition of recurring payments to its Pix platform from October until next June.
Australian stablecoin payment startup Stables has launched in Europe with a Mastercard virtual card.
The UK's Financial Ombudsman has fielded a 35% surge in customer complaints about requests for reimbursement over scam thefts being denied by Revolut.
22 July 2024
The FCA is preparing to lift restrictions on the onboarding of new customers at UK fintech firm Modulr subject to advance notification.
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.
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