Revolut Taps GTN to Bring Bond Trading to EEA Customers
GTN, a fintech company offering trading solutions, has partnered with Revolut to launch bond trading for EEA customers on the Revolut app. Announced today (Tuesday), Revolut customers can already trade...
View ArticleCMC Connect Inks Deal with Revolut to Expand Trading Capabilities
The publicly listed brokerage CMC Markets (LON: CMX) has announced a strategic partnership with Revolut. The collaboration will integrate multiple APIs, enabling Revolut customers to access CMC's...
View ArticleCorpay to Acquire GPS Capital Markets in Global Expansion Plan
Global payment company Corpay is set to acquire GPS Capital Markets, a cross-border and treasury management solutions provider primarily focused in the US. This acquisition aims to strengthen Corpay’s...
View ArticleStarling's Pandemic Lending Comes Back to Bite with Surging Defaults, FCA Probe
Starling Bank has stepped up legal action against borrowers who have defaulted on loans, many of which were backed by UK government pandemic lending schemes, as the digital bank grapples with rising...
View ArticleNuvei Gets Final Court Approval to Go Private with Advent International's...
Nuvei has achieved an important milestone after the court granted final approval for it to go private. The Superior Court of Québec, Commercial Division, granted the Canadian fintech company the green...
View ArticleAdyen and SumUp Partner to Accelerate Payment Solutions for SMEs
Adyen, the financial technology platform, and SumUp, a global fintech company for small merchants, have announced a strategic partnership. This collaboration aims to offer an enhanced payment...
View ArticleChina Pushes Visa and Mastercard to Lower Foreign Card Fees
China is pushing for Visa Inc. and Mastercard Inc. to lower their bank card transaction fees in the country, according to a source familiar with the matter. This move is part of an effort to facilitate...
View ArticleRevolut to Discontinue “Lite” Version of Its Services
While Revolut is expanding its reach in most countries, it has quietly shuttered Revolut Lite services. According to an email sent to the customers of Revolut Lite, seen by Finance Magnates, the...
View ArticleiSignthis Misled Investors: Aussie Court Rules
An Australian federal court has found that payments firm iSignthis (now Southern Cross Payments) misled investors about its revenue and also failed to disclose the termination of a major Visa...
View ArticleRansomware Crisis: FX and Crypto Sectors Show Resilience as Attacks Soar over...
Over the past decade, as organizations worldwide have increasingly embraced the digitalization of their commercial operations, cybersecurity has evolved from a specialized technological endeavor into a...
View ArticleKlarna Sells Checkout Unit for $520M, to Focus on Payment Service Provider...
Swedish fintech company Klarna has announced the sale of its checkout business for $520 million, signaling a shift away from direct competition with payment giants like Stripe and Adyen, Bloomberg...
View ArticleRevolut’s $40 Billion Valuation Will Outpace Banks
British fintech Revolut is seeking more than a $40 billion valuation in a planned $500 million sale of its existing shares, according to Financial Times and Reuters. Although there is no official...
View ArticleNvidia and Qatar's Ooredoo Collaborate, Defying US AI Export Restrictions in...
US-based AI giant Nvidia has partnered with Ooredoo, Qatar's telecom giant, to implement artificial intelligence technologies across its data centers in Qatar, Algeria, Tunisia, Oman, Kuwait, and the...
View ArticleApple Faces Scrutiny for App Store Policies under EU Digital Rules
European Union regulators announced today (Monday) that Apple Inc. has breached new digital regulations by restricting users of its App Store from accessing alternative platforms. The European...
View ArticleNeobanking in Transition: Opportunities and Obstacles in a $6.37 Trillion...
Neobanking is taking off across the world, seeing faster and more transparent financial solutions entering the market and proving successful among consumers. In 2024, neobanking transaction values are...
View ArticleNubank Collaborates with Lightspark to Implement Bitcoin Lightning Network
Nu Holdings (Nubank) has announced a strategic partnership with Lightspark to integrate the Bitcoin Lightning Network into its platform. The collaboration aims to leverage Lightspark’s capabilities to...
View ArticleCanadian Fintech Nuvei Gains Ground in UAE's $10 Billion eCommerce Market
Canadian fintech company Nuvei has received in-principle approval for a Retail Services Category II License from the Central Bank of the United Arab Emirates (UAE), marking an expansion into the Middle...
View ArticleUS Judge Delays Visa, Mastercard $30 Billion Settlement on Swipe Fee Lawsuit:...
A US federal judge has put on hold the $30 billion settlement by Visa and Mastercard with merchants alleging overpriced swipe fees, signaling a possible rejection, AP reported. The settlement, aimed at...
View Article"The Numbers Are Beautiful:" AliPay+ Europe GM Discusses EURO 2024 Impact
AliPay+ is creating seamless connections between Asian consumers and European businesses. Pietro Candela, General Manager of Europe at AliPay+, sat down with Finance Magnates and delved on the...
View ArticleEU Commission to Host AI Workshops for Finance Sector
The European Commission has launched two initiatives aimed at gathering insights from financial market stakeholders regarding the application of artificial intelligence (AI) in the financial sector....
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