CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraudFear of fraud in instant payments shouldn’t stop progress – US Faster Payments CouncilPalmPay and Jumia partner to develop Nigerian digital payment ecosystemCrédit Agricole to acquire Santander stake in CaceisChargeback platform Justt raises $30 millionSustainability-linked bonds see a drop in issuance – AFME ESG ReportChime files for IPOFormer UBS investment analyst unveils voice cloned AI education toolUK neobank app downloads surpass legacy banks for the first timeNew Zealand reduces merchant service fees for card payments
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CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

December 21st 2024

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Rabobank invests in ThreatFabric

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Santander and Pemberton launch supply chain finance joint venture

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KPay secures $55 million Series A

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TP Icap to migrate 80% of technology infrastructure to Amazon Web Services

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Digital banking platform Lumin Digital raises $160 million

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Finextra and the Euro Banking Association invite startups to join the Fintech Zone

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La Banque Postale launches ‘impact’ bank card

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DBS builds GenAI bridge for SMEs

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Digital banking platform Lumin Digital raises $60 million

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Deel acquires Wise competitor Atlantic Money

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ECB publishes second progress report on digital euro

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UK marks progress on creating digital ID for businesses

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Ripple joins Tenity DeFi fund

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MUFG to buy robo-advisor for $664m

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Savings and mortgage platform Tembo raises £14m

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Norway joins Eurosystem’s instant payment service

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Wise entered European remediation plan over AML controls – FT

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Digital ID wallets bolstered as EU commission adopts technical standards

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Co-operative Bank taken over by Coventry Building Society

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‘Every company will become a climate company’ – Lune, EBAday 2024 Fintech Zone winner

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John Lewis unveils pocket money pet for young kids

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Synapse fallout: partner banks face lawsuit

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SumUp in ‘no hurry’ for IPO after surpassing one billion transactions per annum

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Fintech hiring compensates for declining demand among banks for risk and compliance roles

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Hackers steal $17 million from Central Bank of Uganda

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CBA chops fraud with AI

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Former Revolut duo launch banking on blockchain startup

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PSR says APP reimbursement rules are promoting vigilance, not complacency

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ANZ and DataCo launch customer insight platform

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Spend management platform Spendesk launches payment institution

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