FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

May 21, 2025 FinTech News

UK Court Approves £200M Mastercard Settlement, Paving Way for Consumer Payouts

The UK’s Competition Appeal Tribunal has officially approved Mastercard’s £200 million settlement in a long-running class action lawsuit that could…

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May 20, 2025 FinTech News

Nationwide Mobile Outage in Spain Sparks Concerns Over Digital Payment Reliance

Spain has suffered a major mobile network outage, disrupting connectivity across the country and exposing the vulnerabilities of relying solely…

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May 20, 2025 FinTech News

JPMorgan Launches AI-Powered Account Confidence Score to Combat Payment Fraud

JPMorgan Payments has introduced an AI-driven Account Confidence Score (ACS) to help corporate treasurers assess fraud risks before processing payments.…

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May 20, 2025 FinTech News

Klarna on Track to Hit $1 Million in Revenue per Employee Thanks to AI Push

Klarna is closing in on a major milestone—$1 million in revenue per employee—as the buy now, pay later (BNPL) firm…

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May 19, 2025 FinTech News

Revolut to Invest €1 Billion in France and Seek French Banking Licence

Revolut has announced plans to invest over €1 billion in France over the next three years as it prepares to…

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May 19, 2025 FinTech News

Sweden’s Central Bank Pushes Back on Cashless Trend with Pro-Cash Reforms

In a surprising reversal of Sweden’s long-standing move toward a cashless society, the country’s central bank has issued strong support…

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May 19, 2025 FinTech News

UK Government to Fast-Track Regulation of Buy Now, Pay Later Sector

The UK Government is set to introduce long-awaited regulation of the buy now, pay later (BNPL) market, aiming to curb…

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May 19, 2025 FinTech News

Aveni Launches FinLLM with Backing from Lloyds and Nationwide

UK fintech Aveni has unveiled FinLLM, a large language model specifically designed for the financial services industry, developed with support…

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May 19, 2025 FinTech News

Citi Joins $8.5M Series A for AI-Driven Embedded Finance Platform CrediLinq

AI-powered B2B embedded finance firm CrediLinq has raised $8.5 million in a Series A funding round led by OM/VC and…

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May 19, 2025 FinTech News

Paythru and Adyen Launch Global EV Charging Payments Platform to Standardise Driver Experience

Paythru has teamed up with global payments provider Adyen to launch a comprehensive omni-channel payments platform designed to simplify and…

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