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US banks such as JPMorgan Chase, Bank of America, Wells Fargo and Citigroup have reportedly engaged in discussions to create a jointly issued stablecoin.
cryptocurrency, stablecoin, financial institutions, partnership
EFT Corporation (EFTCorp), a payment provider in Africa, has partnered with EmpowerBank, a microfinance institution focused on youth, to offer young people in Zimbabwe financial tools and support.
partnership, financial services, financial institutions, banking
UK-based provider of debt services DCBL has launched a new app that enables its customers to make informed financial decisions and manage their finances and debts.
product launch, financial services, financial institutions, payments
Bob Lyddon dives deep into the current state of Open Banking in the UK, exploring its promises, challenges, and future outlook.
Open Banking, Open Banking payments, payments , financial institutions, regulation, banks
Keep, a Canadian financial platform for SMEs, has announced a USD 78 million investment to optimise cash flow and operational challenges for Canada’s SMEs.
SMEs, banking, financial services, financial institutions
The Dutch Government has decreased its stake in ABN Amro to approximately 30%, with the move following a gradual reduction throughout the years.
financial services, mobile banking, online banking, digital banking, financial institutions
The Financial Technology Association (FTA) has announced its plans to defend a Consumer Financial Protection Bureau (CFPB) Open Banking rule.
Open Banking, regulation, financial services, banks, financial institutions
The UK Government has announced new regulations focusing on safeguarding shoppers leveraging BNPL services.
BNPL, payment methods, regulation, financial services, financial institutions
TransferGo partners with Griffin in order to provide GBP wallets and savings as it launches multi-currency business account for its customers.
partnership, banking, financial services, financial institutions
The Bank of London has announced that UK regulators are currently investigating its operations over potential breaches.
regulation, data breaches, financial services, financial institutions, financial data
Standard Chartered has entered into a strategic partnership with FalconX, a California-based digital asset prime brokerage.
partnership, banks, financial institutions, cryptocurrency
Iceland-based financial institution Arion Bank has partnered with Volante Technologies, a global Payments-as-a-Service (PaaS) firm, to optimise its payments infrastructure.
partnership, ISO 20022, integration, PaaS, financial institutions
The US Consumer Financial Protection Bureau (CFPB) has dropped a 2023 settlement with Toyota’s financing arm, as well as its lawsuit against Walmart and workforce payments firm Branch.
regulation, fintech, financial services, financial institutions
The mobile banking group Chime has filed for a US IPO due to President Donald Trump’s new stance on tariffs.
banking, IPO, mobile banking, financial services, financial institutions
Citigroup has entered into an agreement to transfer the management and operation of its wealth alternatives platform to fintech firm iCapital.
fintech, financial services, banks, financial institutions
Mastercard and LankaPay have partnered to advance Sri Lanka's digital payments ecosystem, focusing on card issuance, secure transactions, and QR payments.
payments , ecommerce, co-branded debit card, financial institutions, partnership
UK digital bank Monzo has reportedly geared up for a potential GBP 6 billion IPO with Morgan Stanley advising, as the listing could take place in early 2026.
IPO, financial services, financial institutions, banking
Apple has filed an emergency motion to delay a recent US court ruling that would require the company to permit iOS developers in the US to redirect users to external payment systems.
payments , transactions , payment methods, financial services, financial institutions
The US Office of the Comptroller of the Currency (OCC) has clarified that banks under its supervision are allowed to engage in crypto-related activities on behalf of customers.
cryptocurrency, regulation, financial institutions, banks
Mastercard has extended its partnership with Bits to offer interbank clearing services in Norway.
banks, financial institutions, clearing house, cybersecurity, partnership