January 2025 – Page 113

Monzo Introduces Monthly Payment Options for Apple Pay Transactions

Monzo Flex customers using iOS 18 and iPadOS 18 now have the option to either pay in full or spread the cost over several months...

EU Seeks Proposals for Project Evaluating the Environmental Impact of Crypto Assets

The European Commission's financial services directorate has announced a tender for a model-based approach to address the environmental impact of crypto-assets. The Commission is increasingly...

Zumo Leads the Way in Adhering to FCA’s Tech-Driven Crypto Promotion Regulations

Zumo has become the first digital asset platform to implement the technology requirements outlined in the Financial Conduct Authority’s (FCA) new financial promotions regime for...

WFE’s Head of Regulatory Affairs Discusses the Dangers of Unregulated Crypto Trading Platforms

“Using the term exchange can be misleading if you’re not doing these things,” said Richard Metcalfe, head of regulatory affairs at the World Federation of...

FCA Advocates for a “New Enlightenment” Era in Financial Inclusion

At the Scottish Financial Enterprise: Extending Financial Inclusion event in Glasgow this afternoon, CEO of the Financial Conduct Authority (FCA), Nikhil Rathi, discussed the regulator's...

SumUp Unveils New Suite of Product Features

Global fintech SumUp has unveiled a range of new product features aimed at supporting small businesses during the company’s annual event. The announcement highlighted updates...

FCA Investigates Revolut for Suspicious Accounts

The Financial Conduct Authority (FCA) is investigating whether Revolut permitted funds to depart from accounts that were flagged as suspicious by the National Crime Agency,...

Ex-Mastercard Executive Backs Argentinian Payments Startup Pomelo

Former Mastercard Latin America and Caribbean regional head Carlo Enrico has invested in Pomelo, an Argentinian payments infrastructure firm. Enrico, who spent over 12 years...

Revolut and SoftBank Strike Share Agreement in Competition for Banking License

Revolut has successfully reached an agreement with its primary backer, SoftBank, regarding changes to the latter's shareholding, removing a significant hurdle in the fintech’s quest...

Monzo Appoints Conor Walsh from Cash App as CEO for US Operations

UK digital challenger bank Monzo has appointed Conor Walsh, the former global product head at Cash App, as the new CEO for its US operations....