NatWest Takes Stake in Yonder
NatWest has made a minority investment in rewards credit card startup Yonder. Founded by three alumni from Clearscore and launched in 2022 with £20 million...
Blackbird Secures $50M in Funding for Restaurant Payments and Loyalty Platform
Blackbird Labs, a blockchain-based restaurant loyalty and payments app, has successfully secured $50 million in a Series B funding round. The funding was led by...
Ryft Secures £5.7 Million Funding to Compete with Stripe Connect and Adyen
UK-based decentralized payments platform Ryft has successfully raised £5.7 million in Series A funding to empower acquiring banks to compete with industry leaders Stripe Connect...
NatWest Enhances Chatbot with Generative AI Technology
NatWest is enhancing its digital chatbot, Cora, by integrating generative AI, aimed at delivering more sophisticated and proactive responses to customer inquiries. In partnership with...
Exclusive Preview of Sustainable Finance Live 2023 with Triodos Bank’s Amandine Tetot
In anticipation of the upcoming Sustainable Finance Live event scheduled for October 10, 2023, at Events@No6 in London, Finextra recently interviewed several speakers who will...
Atom Bank to Evaluate Climate Impact on Its Mortgage Portfolio
Atom Bank is set to evaluate the climate risks associated with its mortgage portfolio through advanced profiling technology provided by Kamma. The bank has committed...
Luxembourg Banks Choose LuxHub as Their VoP Provider
Open banking startup LuxHub has partnered with six major banks in Luxembourg to implement its Verification of Payee (VoP) and Routing and Verification Mechanism (RVM)...
Hawk Secures $56M for AI-Enhanced Fraud Prevention Solutions
AI-powered anti-money laundering, screening, and fraud prevention company Hawk has successfully raised $56 million in a Series C funding round, led by One Peak. Participating...
OCC Informs Congress About Significant Email Hack Incident
The Office of the Comptroller of the Currency has reported that "highly sensitive information" was accessed following a hack of its email system. The regulator...
DailyPay, the Earned Wage Access Fintech, Sues NY Attorney General as Rain Secures $75 Million in Funding
DailyPay has filed a lawsuit against New York Attorney General Letitia James regarding the application of usury laws to the earned wage access industry. DailyPay...