/payments
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
18 April 2024
/regulation
The Canadian government has promised open banking legislation by the end of the year and confirmed that the Financial Consumer Agency of Canada (FCAC) will oversee the new system.
17 April 2024
/security
Barclays Bank is calling for social media platforms to act fast to improve verification of financial adverts after reporting a large spike in investment scams.
Danish fintech POS startup Flatpay has moved into Unicorn territory with a €45 million investment led by Dawn Capital with participation from Copenhagen's Seed Capital.
/retail
The UK Centre for Finance, Innovation and Technology (CFIT) is to build two working prototypes of open finance applications for providing financial advice to vulnerable consumers and to speed up credit assessments for SME loan applications.
Core banking vendor 10x Banking has enlisted Deloite to target credit unions, building societies and mutual banks in the US and UK.
The launch of Canada's oft-delayed Real-Time Rail (RTR) payments system will now not happen until at least 2026, with new tech partners IBM and CGI brought in to the process.
/startups
Finmid, a German financial infrastructure provider targeting B2B marketplaces, has emerged from stealth with €35 million in early-stage equity funding.
Fintech is back on top as the UK’s most-funded startup sector according to new analysis from HSBC Innovation Banking and Dealroom.
/crypto
After significant layoffs in 2022 and 2023, crypto exchange Crypto.com is embarking on a hiring spree that could add 1400 staffers to its headcount.
16 April 2024
/markets
Jaidev Janardana, CEO of Zopa, has blamed the media for the UK fintech sector’s focus on valuations.
/cloud
Romanian digital bank Salt has gone live on Starling's SaaS platform Engine, onboarding 100,000 customers in its first two weeks.
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