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One third of European FinTechs faced regulatory intervention due to partner bank
A new report that reveals 33% of FinTechs have faced regulatory intervention due to agency banking resiliency failures. The report...
Payment Systems Regulator names Mastercard in pre-paid card cartel
The Payment Systems Regulator (PSR) has set out provisional accusations for five payments companies including Mastercard, in which it states...
Visa first to settle transactions in USD Coin (USDC)
Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the...
CaixaBank and Bankia set to close their successful merger
After agreeing to pay a 20% premium to take over smaller rival Bankia last year, CaixaBank is set to become...
IDEMIA, G+D and NXP launch WLA to offer independent contactless payment standard
Following a 2019 announcement, IDEMIA, G+D and NXP Semiconductors have launched the White Label Alliance (WLA), which responds to growing global demand for next-generation, independent...
Ripple and Moneygram end partnership over SEC battle
Ripple says its partnership with MoneyGram is to end by mutual agreement. Several weeks ago MoneyGram said it had stopped using Ripple’s On...
European financial institutions establish European Cloud User Coalition (ECUC)
Leading European financial institutions have taken the initiative to establish the European Cloud User Coalition (ECUC). Cloud computing is a...
NCR increases offer to seal ATM operator Cardtronics deal
NCR has upped its offered to buy Cardtronics to more than $1.7 billion, beating an former bid in late 2020 for...