January 2025 – Page 75

PayPal Utilizes Stablecoin for Invoice Payments

PayPal has recently utilized its proprietary PYUSD stablecoin for invoicing, marking a significant milestone for the company. The firm executed a payment to Ernst &...

Treasury Prime Implements Strategic Shift, Leading to Staff Layoffs

Embedded banking platform Treasury Prime has recently laid off half of its staff as part of a strategic pivot to sell directly to banks. Since...

Iosco Releases Policy Recommendations for DeFi

International securities regulator IOSCO has outlined nine policy recommendations aimed at addressing concerns related to market integrity and investor protection in the realm of decentralized...

Zepz Secures $267 Million in Funding Round

London-based money transfer company Zepz has secured $267 million in a funding round led by Accel. Leapfrog and TCV also participated in this round, while...

Leading Fintech Executives Unite in Innovate Finance’s ‘Unicorn Council’

Innovate Finance has gathered the CEOs and founders of the UK's largest fintech companies to establish a 'Unicorn Council' aimed at lobbying the government on...

PSR Implements Major Overhaul in Reimbursement Guidelines for APP Fraud Victims

The UK's Payment Systems Regulator (PSR) has announced plans to enhance protections for victims of authorised push payment (APP) fraud, set to take effect in...

Capital One, Stripe, and Adyen Unite in Partnership to Combat Fraud

Capital One, Stripe, and Adyen have joined forces to create a free, open-source product aimed at reducing fraud losses and minimizing false declines for merchants....

Revolut Experiences Significant Revenue Growth in 2023

UK fintech giant Revolut is projected to generate $1.9 billion in revenue this year, nearly doubling the $1 billion reported in the previous year, according...

Finextra’s Annual Overview

As 2023 comes to a close, we reflect on the year's most compelling news articles, videos, and community engagement efforts. Top News Stories of 2023...

Klarna Board Aims to Dismiss Co-Founder’s Associate

The board of Klarna Bank has decided to dismiss Mikael Walther, a close associate of co-founder Victor Jacobsson, as reported by the Financial Times. According...