Revolut to Enable Amex Payments for Business Merchants in the UK
Revolut Business introduces American Express payments for UK merchants, enhancing customer reach with premium, high-spending Amex ... Read More
Pockit Acquires Struggling Mobile Banking Fintech Monese
Pockit acquires mobile banking fintech Monese to serve 3 million customers and expand its regulatory capabilities for low-income and underserved consumers. Generic Image Description: Two fintech company logos, Pockit and Monese, merging, ... Read More
EIB Action Plan to Support EU Startups and Scale-ups
The EIB's new Action Plan aims to boost startup growth, support EU venture capital, and enhance market integration through green and digital ... Read More
PayPal Uses PYUSD Stablecoin for First Invoice Payment
PayPal has used its PYUSD stablecoin for the first time to pay an invoice, demonstrating its potential to streamline cross-border B2B ... Read More
Ecommerce Fraud to Triple by 2029, Surpassing $100 Billion
Ecommerce fraud losses are predicted to rise to $107 billion by 2029, with AI playing a central role in enhancing the sophistication of attacks, prompting calls for AI-powered fraud prevention ... Read More
Big Tech and Banks Dispute Over Responsibility for Fraud Victim Compensation
Banks and big tech firms like Meta are at odds over fraud victim compensation, with Revolut criticizing Meta’s initiatives as insufficient, citing major fraud incidents originating from tech ... Read More
Zepz Secures $267 Million in New Funding Round
Zepz, the parent company of WorldRemit and Sendwave, raises $267 million in a funding round to support global market expansion and the development of new products like Zepz ... Read More
Paysend and Mastercard Launch Paysend Libre to Boost Financial Inclusion in Mexico
Paysend Libre, supported by Mastercard, offers zero-fee, real-time remittances in Mexico, aiming to boost financial inclusion for the ... Read More
UK Treasury to Empower Banks with 72-Hour Payment Delays to Curb Fraud
The UK Treasury gives banks the power to delay payments by up to 72 hours to investigate potential fraud, aiming to prevent scams and protect vulnerable ... Read More
Visa and CARD91 Join Forces to Simplify Forex Card Issuance
Visa and CARD91 collaborate to simplify Forex Card issuance, offering faster and more secure services for issuers and cardholders on Visa's ... Read More