/retail
BUX Holding has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of UAE-based investment firm APM Capital.
16 July 2024
/payments
Sequoia Capital has approached investors with an offer to buy shares in Stripe at a $70 billion valuation, according to reports.
UK regulators are calling for feedback on the benefits and risks digital wallets from Big Tech giants such as Apple and Google bring to people and businesses.
Lloyds Bank Group is to convert decommissioned data centres and former office sites into new social housing projects.
15 July 2024
Banco Santander has rolled out a new digital service for deaf customers in the UK by providing its website in British Sign Language (BSL).
BNP Paribas is collaborating with China's Ant international on a range of initiatives to boost cross-border payment services for merchants and consumers in Europe.
Partior, the bank-backed fintech behind a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60 million in Series B funding.
/crypto
German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.
12 July 2024
On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.
/wealth
Private equity firms Bain Capital and Reverence Capital have agreed to buy Envestnet in a deal that values the provider of wealth management technology and data at $4.5 billion.
/regulation
Citi has been fined $135.6 million by US regulators for failing to make enough progress on fixing risk management and data governance deficiencies four years on from a cease and desist order.
Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.
11 July 2024
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