A lack of preparedness for the EU’s new regulations on authentication could cost Europe’s online economy more than €50bn according to a number of payment processors and e-commerce merchants.

Revolut has embedded an AI into its People platform that conducts interviews with job candidates and summarises the performance of all appointees.

Credit card behemoth Visa has splashed out $1bn to acquire Brazil-based core banking platform Pismo.

Mobile banking startup Monese has booked a £30.5 million loss in accounts filed for 2022 and warned of its ability to continue as a going concern unless it can raise additional funds.

Sitting at Cogo’s zero-waste stand at Money20/20 in Amsterdam, Finextra caught up with ING and Cogo to discuss their carbon footprint calculator and the wider impact of using trackers for customers.

IZettle has introduced a software development kit that enables merchants to integrates its card payments service directly into their own mobile apps.

New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.

Sustainable investment app Clim8 has raised £1.26 million on the first day of a crowdfunding campaign via Crowdcube, beating its target of £750,000 by 168%.