Latest News – Page 47

Latvian Fintech Startup Handwave Secures $4.2 Million for Palm Payment Solutions

Latvian fintech startup Handwave has secured $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US. The...

Alaan Secures $48 Million for Its Spend Management Platform

Alaan, a UAE-based AI-powered corporate spend management platform founded by former McKinsey consultants, has raised $48 million in Series A funding. Peak XV Partners (formerly...

Sainsbury’s Sells Its Travel Money Division to Fexco

UK supermarket group Sainsbury's is divesting its travel money business to Ireland's Fexco. Financial details of the transaction were not disclosed. Fexco will assume control...

SEC Establishes AI Task Force

The US Securities and Exchange Commission (SEC) has launched an AI task force aimed at integrating artificial intelligence into its operations. To lead this initiative,...

EBA Issues Alert on Money Laundering Risks in Fintech Industry

The ongoing digitalization of financial services has escalated the risks of money laundering (ML) and terrorist financing (TF), according to the European Banking Authority (EBA)....

Atom Bank Revamps Technology Leadership Team

UK-based Atom Bank has announced significant changes to its senior technology leadership team, introducing a chief of staff and a new AI and data science...

Hong Kong Set to Issue Its First Stablecoin Licenses in Early 2026

Hong Kong's financial regulator has announced that it will not issue any stablecoin licenses this year, despite the effective date of its stablecoin legislation being...

Apple and JPMorgan Chase Move Toward Credit Card Partnership

JPMorgan Chase is reportedly close to finalizing a deal to take over the role of issuer for the Apple credit card, a transition from Goldman...

Worldline Negotiates Sale of Non-Payments Division

French payments processor Worldline has entered exclusive negotiations to sell its digital services division to tech group Magellan Partners in a €410 million transaction. Worldline...

NatWest, NAB, and SC Ventures Back the Launch of Climate Action Platform FourTwoThree

FourTwoThree Launches to Support SMEs in Climate Action FourTwoThree, a climate action initiative supported by NatWest, NAB, and SC Ventures, has officially launched with the...