More financial companies across the Continent are joining a cross-border payment system designed to fight the rising threat from Visa and Mastercard.
Dwolla’s plan to capitalize on interchange-fee war
As Visa and Mastercard weigh raising rates and retail heavyweights like Amazon push back, the fintech sees an opening for a lower-cost payments alternative that…
Microsoft to bake BNPL into browser with Zip
Microsoft is to embed a buy now, pay later option into the Edge browser through a partnership with Zip.
Funding Circle moves into embedded finance
Funding Circle has moved into the embedded finance market, providing third party firms with a single API to offer loans of up to £500,000 to…
Bank of Ireland fined €24.5 million over IT resiliency issues
Ireland’s central bank has fined Bank of ireland €24.5 million over IT deficieincies that the lender took over a decade to fix.
Abrdn buys interactive investor for £1.5bn
FTSE-100 asset manager abrdn has agreed to buy UK stockpicking platform interactive investor for £1.49 billion.
Mexican BNPL outfit Kueski raises $202m in debt and equity
Mexican online lender and BNPL provider Kueski has raised $202 in a debt and equity round led by StepStone Group.
Many BNPL users unclear what they’re signing up to – survey
With millions of Brits set to use buy now, pay later options for their Christmas shopping, new research from Barclays suggests that many do not…
India to regulate crypto, avoids outright ban
A cabinet note seen by NDTV shows the Indian government will regulate cryptocurrencies in the country, rather than imposing a ban on their use.
Facebook Messenger tests Split Payments feature
Facebook Messenger is testing a feature called Split Payments that lets users share the cost of bills and expenses from within a group chat.