HSBC has entirely written off its stake in Monese just two years after investing $35 million in the mobile banking fintech. According to filings, the...
Klarna has received approval to offer credit and payment products in the UK, just before a temporary arrangement established post-Brexit is set to expire. The...
The European Union is considering expanding cybersecurity regulations to encompass Big Tech companies, banks, and airlines, as a growing number of organizations transition to cloud-based...
Digital Europe, a digital technology trade association, has urged the EU to avoid excessive regulation in its forthcoming AI bill in a recent letter. As...
Pay.UK has reported that a pilot program focused on fraud detection, conducted in collaboration with Visa, has exceeded expectations and could potentially save the UK...
Cryptocurrency firm Fordefi is launching a wallet-as-a-service offering after raising $10 million in a seed-extension round. Electric Capital led the round, with participation from Paxos...
The first chief financial technology officer of the Office of the Comptroller of the Currency (OCC) has been removed from his position following the discovery...
Banks across the EU are struggling to meet the operational resilience and risk guidelines established by the Basel Committee in 2021. An early 2023 evaluation...
The UK's Financial Conduct Authority (FCA) is seeking industry input on whether the imbalance of data between Big Tech companies and financial services firms might...