/regulation
Shares in core banking provider Temenos have risen upon news that an investigation commissioned by the company found that accusations of mismanagement by short seller Hindenburg Research were "inaccurate and misleading".
15 April 2024
/crypto
Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.
US and European officials have begun an "informal dialogue" on consumer financial protection issues, focusing on the rise of Big Tech in payments; the use of AI in lending; and the emergence of buy now, pay later.
/payments
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.
12 April 2024
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
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
With summer holidays on the horizon, Lloyds Bank is cautioning customers against scams as they book their vacations.
/retail
Russia’s MTS Bank has announced it will hold an initial public offering (IPO), despite current Western sanctions on Russian banks.
/wholesale
Mimo, a platform designed to simplify business-to-business payments, has raised £15.5 million in an investment round led by Northzone.
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.
11 April 2024
/people
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
Pactio, a UK-based fintech focused on the private equity (PE) market has completed an £11m series A funding round
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