fintech

Apple Drops ‘Buy Now, Pay Later’ Service

Apple sunsets its buy now, pay later service known as 'Apple Pay Later', and will rely on established third-party players

4 weeks ago

Google Pay To Close In US, To ‘Simplify’ Payment Apps

Mobile payments service from Google to be changed again, with shuttering of standalone Google Pay app in the US

5 months ago

University Of Warwick To Launch Fintech Research Group

University of Warwick receives £1.25m donation for new research group focused on fintech innovation in property sector

5 months ago

PayPal To Axe 9 Percent Of Global Workforce

Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm

6 months ago

Bank Of England, FCA Propose Rules To Regulate Bank’s Tech Reliance

Financial Conduct Authority, Bank of England publish proposals to bolster tech resistance of the financial sector

7 months ago

UK Launches £1 Billion FinTech Fund

FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing

11 months ago

Apple Launches Buy Now, Pay Later Service For US

Fintech move for Apple after it launches service to allow consumers in the US to pay for purchases over time

1 year ago

Jack Ma Prepares To Cede Control Of Ant Group

Chinese billionaire Jack Ma to cede control of fintech giant Ant Group in move to end long period of regulatory…

2 years ago

Former Wirecard CEO Dismisses ‘Absurd’ Allegations

Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges

2 years ago

Jack Ma ‘To Cede Control’ Of Ant Group

Entrepreneur Jack Ma reportedly to cede control of Chinese financial tech giant Ant Group following years of reorganisation spurred by…

2 years ago

Bitcoin Recovers After Sinking Below $20,000

Bitcoin and other cryptocurrencies held on to Sunday gains after the biggest cryptocurrency dipped below $20,000 on Saturday, amidst industry…

2 years ago

Germany Warns Of Ukraine Crisis Hacking Risk

Germany warns of 'very big and very present' risk of cyberattack on country's financial sector amidst Ukraine war, as wind-energy…

2 years ago

EU Bans Crypto Services To Russia

New package of sanctions extends asset freeze to crypto-wallets amidst fears virtual assets could be used to get around existing…

2 years ago

Apple Acquires UK Fintech Credit Kudos – Report

Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation

2 years ago

Tesla Bitcoin Holdings Valued At $1.99 Billion

Tesla's Bitcoin holdings had fair market value of $1.99bn at end of 2021, as it loses $101m due to cryptocurrency's…

2 years ago

EU Urged To Take Rapid Action Over Digital Finance Risks

Joint report by EU financial regulators identifies 'new synergies' but also potential for 'systemic risk' that must be addressed by…

2 years ago

Digital Bank Chime Financial Plans Massive IPO

Chime Financial plans New York IPO worth up to $40bn after Covid-19 pandemic leads to surge in users and spiralling…

2 years ago

Dorsey: Square May Develop Bitcoin Mining Hardware

Square chief executive Jack Dorsey says fintech company looking into custom-built Bitcoin mining hardware that could increase accessibility, efficiency

3 years ago

Visa Continues Fintech Push With Currencycloud Acquisition

London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)

3 years ago

Turkish Crypto Exchange Boss Flees Country Amidst $2bn Fraud Probe

Chief executive of Turkish cryptocurrency trading platform Thodex flees to Albania as estimated $2bn in investors' assets reportedly lost

3 years ago

Regulator Probes PayPal Mobile App Subsidiary Venmo

PayPal subsidiary Venmo under investigation by US consumer regulator over 'unauthorised' debt collections as new administration tightens enforcement

3 years ago

Wirecard Collapse Puts Pressure On Germany’s Finance Minister

One of Germany's most prominent politicians comes under fire for 'failure of responsibility' after Wirecard falls into insolvency amidst fraud…

4 years ago

Role Of Wirecard Supervisors To Be Probed By EU

The actions of financial supervisors responsible during the Wirecard collapse should be investigated, says senior EU official

4 years ago

Wirecard Munich HQ Searched By Police And Prosecutors

Fintech fraud investigation continues into Wirecard, as German police and prosecutors search bankrupt firm's Munich headquarters

4 years ago

Wirecard Collapses, Files For Insolvency

German fintech start-up Wirecard has filed for insolvency, becoming the first DAX member to fail after a financing scandal

4 years ago

Former Wirecard CEO Released From Jail

Former Wirecard CEO Markus Braun walks free after arrest on Monday for allegedly falsifying the accounts for the German fintech…

4 years ago

German Financial Regulator Expresses Shock At Wirecard ‘Disaster’

Munich fintech start-up Wirecard says £1.7bn missing from its accounts probably never existed, as cheif executive quits and prosecutors consider…

4 years ago

FinTech Part 3: The Future Of FinTech

FinTech offers many new ways to bank and manage money. With Open Banking gaining pace, what does this mean for…

4 years ago

Google AI Scheme Targets Banks Overwhelmed By Pandemic

Google Cloud's PPP Lending AI Solution aims to help banks analyse and process loan applications under US government's aid scheme…

4 years ago