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/payments

Banco de Portugal's Helder Rosalino confirmed as EBAday 2024 host keynote

Rosalino will be taking to the stage to open the show in Lisbon, Portugal for this year's EBAday, exploring the roadmap for a modern and safe payments market.

/payments

NextGen Nordics 2024: Under two weeks to go!

On 23rd April, Finextra will be returning to Stockholm for NextGen Nordics for a day packed with panels, Q&As, workshops, keynotes, and networking.

/markets

CMA outlines competition concerns with AI Foundation Models

The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.

/crime

Lloyds warns against fraudsters on Booking.com and Airbnb

With summer holidays on the horizon, Lloyds Bank is cautioning customers against scams as they book their vacations.

/retail

MTS Bank announces IPO despite Russian banking sanctions – Reuters

Russia’s MTS Bank has announced it will hold an initial public offering (IPO), despite current Western sanctions on Russian banks.

/wholesale

SMB financial management platform Mimo raises £15.5m

Mimo, a platform designed to simplify business-to-business payments, has raised £15.5 million in an investment round led by Northzone.

/wholesale

Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.

/people

Ex-PayPal CEO Schulman joins Valor Capital

Former PayPal and American Express boss Dan Schulman is joining Valor Capital Group, the cross-border venture fund focused on bridging the US and Latin American technology markets.

/startups

PE software startup raises £11m

Pactio, a UK-based fintech focused on the private equity (PE) market has completed an £11m series A funding round

/crypto

Hong Kong set to approve first crypto ETF

Hong Kong's financial regulator is poised to give the green light to the first batch of bitcoin spot ETFs.

/payments

Chips migrates to ISO 20022 message format

The Clearing House's Chips private-sector high-value clearing and settlement system has migrated to the ISO 20022 messaging format.

/regulation

Revolut secures Mexican banking license

British-based fintech Revolut has set its sights on Mexico after securing a banking license in the country.