Finnish neobank Saldo Bank opens for business in Sweden
Finnish neobank Saldo Bank has commenced operations in Sweden, offering interest rates of as much as 5% for a year’s deposit.
Invesco to consolidate technology offerings under a single brand
Invesco is to consolidate five disparate software businesses acquired over the past few years into a single financial advisory technology unit, Intelliflo.
Revolut adds new in-app verification layer to counteract theft from stolen mobiles
Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.
Colombian payments orchestration platform Yuno raises $25m
Latin American payments orchestration platform Yuno has set its sights on Europe and Asia after securing $25 million in funding.
Lithuania fines crypto firm EUR9.3m for Russia sanctions violations
Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.
Survey: 55% of Americans want to be notified 1 week before bills are due
Here’s more evidence that staying in communication with your customers could help keep payments coming and potentially keep your auto finance portfolio healthier. Lexop said a recent survey of more than 1,100 American consumers who were late in paying their … [Read More]
BNP Paribas joins €40 million funding round in climate data outfit Kayrros
BNP Paribas, the French Public Investment Bank Bpifrance and the European Investment Bank have joined a €40 million funding round in climate data and analytics startup Kayrros.
Stripe lets merchants accept stablecoins
After a six year hiatus, Stripe is returning to crypto, allowing merchants to accept stablecoins for online payments.
UK fintech capital investment in 2024: far from ‘rock bottom’
Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.
Yup raises $32m for Southeast Asian digital bank
Southeast Asian digital bank digital bank Yup has raised $32 million to build the region’s version of Brazilian giant Nubank.
Ripple plans stablecoin
Crypto and blockchain giant Ripple is launching its own dollar-pegged stablecoin.
Bitwala emerges from the ashes of Nuri
Crypto-focused German bank Nuri has staged a comeback from insolvency, relaunching with a streamlined service under its original name, Bitwala.
700Credit integrates with AutoRaptor for driver’s license authentication
On Tuesday, 700Credit announced an integration alliance with AutoRaptor to help dealers get their buying customers through the financing process. With this enhanced alliance, AutoRaptor has integrated the 700Credit driver’s license authentication platform, QuickScan, into its CRM to provide a … [Read More]
Revolut fined €3.5 million by Lithuanian central bank for AML failings
Revolut has been fined €3.5 million by the central bank of Lithuania for deficiencies in its anti-money laundering controls.
Europe’s largest online ticketing platform installs Wero Wallet
Europe’s largest ticketing provider, CTS Eventim, has become the first major e-commerce company in Germany to integrate the Wero wallet from the bank-backed European Payments Initiative into its online shop.