Klarna considers autumn IPO revival
After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.
After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.
ANZ is facing $240 million in penalties over misreporting of bond trading data to the Australian government and ‘widespread misconduct’ across retail products and services.
Mexico City-based Belvo has raised $10 million from Founders Fund and Kaszek Ventures to grow its developer-first financial API platform across Latin America.
Wise is mulling a banking licence application as it builds out the infrastructure for a globally-connected money movement network.
Thailand’s second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.
Westpac is to provide 800 staff with ‘practical take-aways’ for advising clients on environtmental, social and governance issues as more comanies seek help in transitioning to a net-zero future.
EBAday, the premier conference for payments and transaction banking executives, set to take place on 27-28 May 2025 at the Carrousel du Louvre in Paris, will yet again feature a dedicated Fintech Zone where 16 innovative startups have been selected to showcase their products to senior decision-makers in the European payments industry.
HSBC is working with tech firm Quantinuum on a series of exploratory projects looking at the use of quantum computing in banking.
Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital.
OpenAI CEO Sam Altman says it “terrifies” him that banks still use voice-based authentication methods in an era when the AI that he has helped bring into the mainstream can trick such technology.
Payments Canada says it has made “substantial progress” on its Real-Time Rail (RTR) payments system since bringing in new technology partners.
New Zealand’s Commerce Commission has issued a draft decision to reduce fees paid by Kiwi businesses for accepting Visa and Mastercard payments.
The CEOs of more than 80 firms in the open banking sphere have written to President Donald Trump calling on him to prevent banks from charging fees to access consumer data.
In a bid to clamp down on authorised push payment scams, Australian banks have launched a digital platform for the reporting of fraudulent payments en route or transferred to another bank.
Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.