The Payment Systems Regulator’s proposal could restore trust in P2P payments and mobile wallets—and could serve as a model for US regulators.
The UK challenger bank recorded profitability for three consecutive months, crediting the milestone to its SME lending arm.
Eight banks and three other FIs will pay a combined $1.8B for their message retention failures, highlighting the need for better tech tools at work.
POS Go lets merchants accept cards and mobile wallets on the go and can appeal to those seeking unified commerce tools.
Neobanks and kid- and teen-focused fintechs are developing apps to attract young users as part of a combined digital and physical approach.
The DoorDash Rewards Mastercard can help the bank boost spending and build out its co-brand portfolio.
The Fed is calling for tighter risk management and mitigation, and Ofcom is investigating risks raised by the concentration of cloud providers.
The UK-based insurance fund invested $10M in the Anthemis Female Innovators Lab Fund to help close the fintech gender gap.