Meta taps Klarna for ‘Play Now, Pay Later’ headset offer
Meta has teamed up with BNPL firm Klarna to launch a ‘Play Now, Pay Later’ bundle for its mixed reality headsets in the UK.
Ex-Revolut leaders build digital wallet
A group of former Revolut, Coinbase and Spotify staffers have unveiled Zeal, a digital wallet for managing crypto and interacting with web3 and decentralised finance apps.
Dealers urge lender flexibility in aftermarket financing
Dealers are urging lenders to loosen the loan-to-value restrictions on aftermarket products such as service contracts and guaranteed asset protection…
Zelle says 0.02% of transactions result in fraud or scam report
As it faces up to a lawsuit from New York’s attorney general for allegedly failing to protect users from “massive amounts of fraud,” bank-backed P2P payments service Zelle has gone on the offensive, insisting that just 0.02% of all transactions result in a report of fraud or scam.
Bunq opens API-enabled app store
Dutch digital bank bunq is opening an API marketplace to showcase apps built using its own proprietary API.
Access to auto credit tightened slightly in April
Perhaps if your tax season didn’t meet your shop’s expectations, the latest reading of the Dealertrack Credit Availability Index could help explain why. Cox Automotive reported last week that the index declined to 93.8 in April, which was down 0.7% … [Read More]
JPMorgan lets staff use AI to help write performance reviews
JPMorgan Chase is letting employees use the bank’s in-house AI system to help them write year-end performance reviews, according to the Financial Times.
Adyen shares plunge as tariffs hit revenues
Shares in Adyen tumbled on Thursday after the Dutch payments processor cut its annual revenue forecast, citing the impact of US tariffs.
JPMorgan, Fifth Third among banks facing Tricolor losses
JPMorgan Chase & Co., Fifth Third Bancorp and Barclays Plc are among banks bracing for potentially hundreds of millions of…
Berlin WealthTech NAO expands Seed financing to €4.5 million
Berlin-based WealthTech startup NAO has secured additional capital of over one million euros through a second closing of its Seed financing push, bringing total funding from the round to €4.5 million.
Klarna launches membership programme
As it continues its evolution from BNPL provider to full-scale bank, Klarna has launched a global membership programme, offering benefits like cashback, travel perks, and lifestyle rewards.
Novus partners Visa for ‘impact-driven’ digital banking app
Novus, an “impact-driven” startup has teamed up with Visa and Railsbank on a mobile application that rewards users for sustainable purchasing choices.
Barclays shuts down Rise fintech accelerator programme
UK bank Barclays is shuttering its decade-old fintech accelerator programme, Rise.
How community banks and credit unions are leveraging open APIs
There are a staggering 10,000 community banks and credit unions in North America, which together spend $5.5 billion on technology every year. This technology spend is intended to power digital transformation, the retention and growth of accounts, resources for lending or mortgages and to drive revenue.
Islamic fintech startup Ayan Capital secures £2.6 million in equity funding
Ayan Capital, a London-based Islamic fintech, has secured £2.8 million in equity funding to expand halal car finance and other Islamic finance products in the UK.