/payments
UK credit card management app Cardeo is closing its doors after failing to find fresh investment to keep the firm afloat.
09 November 2023
/crypto
Standard Chartered's venture arm SC Ventures has joined forces with Japan's SBI Holdings to set up a digital asset joint venture investment company in the UAE.
/identity
Nexi has sold its Nordic eID business to French digital ID outfit IN Groupe for up to €127.5 million.
/wealth
Danish wealthtech startup Performative has snagged €5.5 million in a seed round led by FinTech Collective.
Visa has launched an advisory practice to help clients unlock the potential of artificial intelligence.
Ripple has joined forces with Onafriq (previously called MFS Africa) to power digital asset-enabled cross-border payments between Africa and a host of other countries.
Not a single stablecoin monitored by the Bank for International Settlements has succeeded in maintaining parity with its currency peg, leading to uncomfortable questions about the their utility in the real economy.
The Federal Trade Commission and the State of Florida have reached a settlement with Chargebacks911 that prohibits the “chargeback mitigation” firm from working with certain high-risk clients and using deceptive tactics to stop consumers trying to dispute charges.
The European Council and European Parliament have struck a provisional agreement on the mandatory provision of instant credit transfers in euros and access to central bank payment rails by non-bank e-money institutions and stablecoin issuers.
08 November 2023
Goldman Sachs is preparing to sell off its General Motors credit card programme as part of its wider retreat from the retail market, according to the Wall Street Journal.
HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.
Crypto-focused German bank Nuri has staged a comeback from insolvency, relaunching with a streamlined service under its original name, Bitwala.
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