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Visa UK has introduced a raft of new measures to protect small businesses from soaring rates of 'friendly fraud', in which cardholders dispute a legitimate purchase with their card issuer.
09 August 2023
With Brits under increasing financial strain this summer, the Financial Conduct Authority is urging Brits to watch out for signs of loan fee fraud.
Mystery shopping is a valuable tool for regulators looking to gain insight into how financial institutions behave when dealing with customers seeking products such as personal loans, a European Banking Authority exercise has found.
Payments acceptance and issuance platform ConnexPay has appointed former PayPal executive George Hansen chief revenue officer.
UK fintech Bud has developed a generative AI core and chatbot for personalised customer insights using Google's PaLM2 large language model.
08 August 2023
Singapore's central bank is to commit up to $150 million to support startups developing innovative financial technologies over the next three years.
Commonwealth Bank of Australia is launching a police referral pilot for reporting people who use transaction description fields in payments to send abusive messages.
PayPal has launched a US dollar denominated stablecoin, designed for digital payments and Web3, and to be compatible with the most widely used exchanges, wallets and Web3 apps
07 August 2023
Garanti BBVA Financial Technologies, the fintech subsidiary of Turkey's Garanti BBVA Bank, has launched its first venture with a leap into the digital asset trading and custody industry.
Jackie Bennett, chair of the Bank of England’s Residential Property Forum, has joined Climate X to help the UK housing market prepare for climate change.
Block is shutting down the Cash App's Verse brand in the EU and its BNPL platform Clearpay in Spain, France and Italy, citing disappointing growth and profitability.
Mastercard has introduced Cardholder Verification Code-less online payments for debit and credit cardholders in India who have tokenised their cards on merchant platforms.
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