The Consumer Financial Protection Bureau (CFPB) has fired a shot across Apple’s bows over the tech giant’s policy of restricting access to the NFC chip technology that enables iPhone users to make payments.
Stablecoin payments infrastrcuture firm BVNK has secured a $50 million Series B round to expand its operations in the United States.
Sustainable money app Zero is opening for investments on Crowd Cube as it begins the roll out of its debit card, personal current account, and app for climate-conscious consumers.
HSBC has opened two data and innovation labs – in London and Toronto – that will house specialists in areas such as analytics and robotics working on products and services for the bank’s global banking and markets (GBM) unit.
The European Central Bank has uncovered significant shortcomings in the ability of EU banks to adequately cover their exposure to climate-related risk.
Bank of Ireland has begun rolling out bio-sourced debit and credit cards across its entire cards portfolio.
LexisNexis® Risk Solutions and Finextra Research will be hosting Trust:Live 2023, an exclusive in-person event for all fraud and identity decision makers that brings together industry leaders, experts and innovators to discuss the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models
Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.
Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.
Japanese financial conglomerate SBI is building a commercial framework for cross-border distribution of tokenised securities with pilots in fixed income and asset and weath management.
Researchers from the UK’s National Health Service have identified a possible unexpected benefit of the rise in contactless payments: fewer children are turning up at hospitals after swallowing coins.
Shield, a neobank startup using stablecoin payments to make life easier for global trade businesses, has raised $5 million in seed funding.
Alternative investment platform iCapital is boosting its technology team with 100 hires in the US and Portugal.
The European Central Bank (ECB) has launched a supervisory climate risk stress test to assess how prepared banks are for dealing with financial and economic shocks stemming from global warming.
The Lithuanian central bank has appointed an independent supervisor and restricted new business for local paytech Kevin after losing patience with the firm for repeated failings to file its annual reports.