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FCA Proposes £100 Contactless Limit Removal and Calls for SME Support Legislation
- The regulator outlines plans to introduce variable recurring payments in open banking.
- It urges the Government to improve digital identity, Companies House, and court systems.
Wednesday, 22/01/2025 | 11:42 GMT by
Tareq Sikder
CFD Brokers Face Direct Challenge from Crypto Exchanges, Fintechs: A New Era?
- Coinbase and Crypto.com acquired CFDs licenses, while Revolut launched pilot CFDs trading.
- Crypto exchanges and fintechs have deep pockets due to massive funding and also have a large user database.
Monday, 20/01/2025 | 09:56 GMT by
Sameer Bhopale
Revolut Kicks Off First Women’s Football Partnership with Manchester City
- The partnership includes Revolut branding on Manchester City Women's training kit sleeve.
- A Revolut takeover is scheduled for the City v Chelsea game at the Etihad Stadium in March.
Thursday, 16/01/2025 | 13:51 GMT by
Tareq Sikder
Klarna Expands Reach with Stripe Integration, Gearing Up for US $20 Billion IPO
- The BNPL service is available to merchants in 26 countries through the new partnership.
- Klarna's valuation has varied, reaching $46 billion at its peak before falling to $6.7 billion in 2022.
Tuesday, 14/01/2025 | 14:57 GMT by
Tareq Sikder
AI Drives Fintech, Trump Announces $20B Data Centers
- AI revolutionized fintech in 2024, automating processes and driving innovation.
- Trump says Sajwani to invest $20B in data centers to support the ongoing fintech boom.
- Data centers are key to powering AI-driven fintech advancements.
Wednesday, 08/01/2025 | 10:42 GMT by
Louis Parks
FxPro Partners with tell.money to Introduce CoP for BnkPro Clients
- CoP technology reduces fraud risks and misdirected payments using tell.money's expertise.
- BnkPro, formerly Hermex International, became an EMI in 2019, was acquired by FairFX, and rebranded in 2021.
Wednesday, 08/01/2025 | 09:35 GMT by
Tareq Sikder
Uruguayan Fintech dLocal Secures FCA License to Onboard UK Merchants
- The company will onboard UK merchants through dlocal Opco Ltd UK after FCA restrictions linked to Brexit are lifted.
- With over 30 licenses worldwide, it plans to expand its UK presence by increasing headcount.
Tuesday, 07/01/2025 | 09:24 GMT by
Tareq Sikder
“UK Received More Fintech Funding than All Europe Combined”: Innovate Finance’s Napolitano
- Roberto Napolitano, Chief Marketing Officer at Innovate Finance, discussed the UK's fintech future at FMLS:24.
- Watch the whole interview in the video inside the article.
Tuesday, 24/12/2024 | 10:41 GMT by
Arnab Shome
“Sales Skills Are Really on the Rise”: Harrington Star’s Nadia Edwards-Dashti
- Edwards-Dashti, Chief Customer Officer at Harrington Star, spoke to Finance Magnates at FMLS:24, highlighting trends in recruitment, AI, and fraud in payments.
- Watch the full interview in the video inside the article.
Monday, 23/12/2024 | 10:46 GMT by
Arnab Shome
Revolut Leads Digital Banking Surge in The UK as Downloads Top Legacy Banks
- UK neobanks have achieved a milestone by surpassing traditional banks in app downloads, reaching 71.78M Android users.
- Revolut leads the neobank pack with 15.6M downloads in 2024.
Thursday, 19/12/2024 | 10:25 GMT by
Damian Chmiel
Dow Takes a Wallop as Rate Hike Hits Fintechs Hard
- The Dow dropped over 1,100 points as the Fed signaled higher-for-longer interest rates.
- Rising bond yields exacerbated stock market woes, especially in tech-heavy sectors.
- Fintech stocks like SoFi and Upstart saw sharp declines amid the market turmoil.
Thursday, 19/12/2024 | 08:32 GMT by
Louis Parks
Revolut Applies for Bank License in New Zealand Following Its Launch in 2023
- The firm launched in New Zealand in July last year, processing NZ$350 million in transactions.
- The company offers cryptocurrency trading, a service not provided by any New Zealand bank.
Thursday, 05/12/2024 | 17:19 GMT by
Tareq Sikder
Airwallex Expands EMEA Presence with New Offices: 271% Q3 Revenue Surge
- The firm's global processing volume exceeded $100 billion, with revenue over $500 million.
- Staffing grew in Tel Aviv and Vilnius, with senior executives appointed in London and Amsterdam.
Thursday, 05/12/2024 | 09:39 GMT by
Tareq Sikder
AI Adoption in Fintech: “70% of Finance Professionals Utilize Automation for CV Screening”
- In 2024, fintechs embraced AI for talent sourcing, application management, and first-stage interviews.
- Tips and tricks: How can you attract talent in today’s competitive market?
Tuesday, 03/12/2024 | 16:09 GMT by
Reece Pawsey
Revolut's Plans for 2025: Is FinTech Eating the Banks’ Lunch?
- Revolut to roll out smart ATMs, AI-powered banking, and mortgages in an ambitious 2025 strategy.
- The hybrid model blends physical touchpoints with digital innovation.
- Traditional banks face pressure to modernize in the face of nimble FinTech competitors.
Monday, 02/12/2024 | 09:15 GMT by
Louis Parks
Bleap Secures $2.3M in Funding, as Revolut Grows Crypto Reach, M&A Team
- Two ex-Revolut employees raised funds to develop Bleap, a self-custodial stablecoin app.
- Users can spend stablecoins directly via a Mastercard debit card with no conversion fees on Bleap.
Thursday, 28/11/2024 | 11:18 GMT by
Tareq Sikder
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