Square pilots cash rounding to help sellers with penny’s demise
As the US stops minting pennies, Square has begun piloting cash rounding functionality with sellers.
As the US stops minting pennies, Square has begun piloting cash rounding functionality with sellers.
Set for launch in the second half of this year, US challenger Battle Bank has selected Temenos as as a key technology partner, adding to the Swiss vendor’s growing roster of neobanking clients.
Manchester-based AJ Bell is to launch an app-only commission-free investing platform with an annual charge of just 0.15%.
Finextra sat down with Chris Ward, EVP enterprise payments for Truist Bank, to talk about what he sees coming in the future of payments.
Revolut has suspended some crypto services for business users until it gets up to speed with new regulations on financial promotions.
The UK’s wealth management and pensions industry has expressed its disappointment at the announcement of a delay to the much anticipated Pensions Dashboard project
Worldpay has enlisted BVNK to bring nearly instant global payouts in stablecoins to its clients in the US and Europe.
Klarna has paused plans for its initial public offering amid market turbulence sparked by President Donald Trump’s tariffs.
Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have revealed flaws in the European Parliament’s unprecedented extension of liability beyond payments services providers (PSPs) to online platforms and electronic communication service providers, such as telecom operators, who would also have to refund victims of impersonation fraud.
Bank of Montreal has pre-purchased the permanent removal of 1000 tonnes of carbon dioxide from the atmosphere through Direct Air Capture (DAC) technology.
Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more inclusive and dynamic. 130 countries are currently exploring the possibilities with CBDC adoption, which allows for digital money to be supported and used publicly alongside cash whilst supported by the nation’s central bank.
British savings and investment app Moneybox has secured £70 million in investment, mostly facilitated through a secondary share sale that will nearly double its valuation from two years ago to £550 million.
La Banque Postale, in collaboration with WWF France, is the first traditional bank in France to launch an impact bank card where all deposits associated with the card will be used to finance the energy renovation of housing.
Payments giant Strip is moving to an invite-only model for new clients in India as it builds up the infrastructure to deal with an evolving regulatory landscape.
Private investment management platform Arch has raised $20 million in a Series A funding round led by Menlo Ventures.