Latest News – Page 325

Apple’s Proposal to Open NFC Payment Access Awaits EU Approval

European Commission antitrust regulators are poised to approve Apple's proposal to open its NFC chip technology, enabling iPhone users to make contactless payments with third-party...

Klarna Secures Global Partnership with Worldpay

BNPL provider Klarna has reached an agreement to become the default payment option for Worldpay merchants worldwide. Worldpay is one of the largest payment service...

NPC Fostering Innovation and Harmonization Across the Nordic Region

NextGen Nordics, Finextra’s annual payments event, commenced on April 23, 2024, in Stockholm, Sweden, gathering a diverse group of experts and leaders from the Nordic...

Lune Named Winner of the Fintech Zone Award

For the sixth consecutive year, EBAday featured a dedicated Fintech Zone, showcasing 16 innovative fintech startups from Europe and beyond. These startups presented their proof...

ComplyAdvantage Acquires Golden to Enhance Financial Crime Intelligence

AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion, with Andreessen Horowitz joining as a shareholder. San Francisco-based Golden specializes in automating the construction...

How Will New Regulations Impact Payments Infrastructure?

At NextGen Nordics 2024 in Stockholm, moderator Debi Bell Hoskings led an engaging panel discussion focused on new regulations regarding data and privacy, encouraging audience...

RBI Prohibits Kotak Mahindra from Digitally Onboarding New Customers

The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to halt the onboarding of new customers through digital channels and to temporarily stop...

ECB Seeks Input on the Role of Conditional Payments in the Digital Euro Initiative

The European Central Bank (ECB) has issued a call for expressions of interest in innovation partnerships related to the digital euro. Interested parties can include...

EU Enhances AML Regulations Affecting Cryptocurrency Compliance

The European Parliament has voted to adopt a package of laws aimed at strengthening the EU's Anti-Money Laundering (AML) and counter-terrorist financing framework, with a...

Revolut Aims for $40 Billion Valuation with Upcoming Share Sale – FT

Revolut is striving to become the most valuable start-up in Europe, targeting a valuation of $40 billion, according to reports from the Financial Times. Sources...