Italy’s government to tax banks on profits from interest rate rises
The Italian parliament has 60 days to bring the proposed tax into law.
The Italian parliament has 60 days to bring the proposed tax into law.
Greenlight says parents can add their teenagers as authorised users of its credit card to start building credit.
Payabl. says the authorisation will “unlock significant opportunities” as it looks to expand across the UK.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
The move is part of Block’s plans to reduce brand spending.
The facility is being provided by Chicago-based investment firm Victory Park Capital.
The average loss to loan fee fraud in the UK is £260.
On completion of the deal, Svatantra says it will become the second largest microfinance entity in India.
The clients will be able to access Iceberg Data Lab’s ESG dataset available via its impact calculation platform.
The round saw participation from existing investors including UBS Next, EDBI and Prosus Ventures.
Rolling out in the coming weeks, PayPal USD will be available to purchase for eligible US PayPal customers.
UAB TransferGo Lithuania has already submitted a plan to the central bank to remedy the deficiencies.
The launch is Garanti BBVA Financial Technologies’ first foray into digital assets.
Emödi has over 20 years of experience in compliance and risk management within the financial sector.
According to Forbes Asia, the funding round values the start-up at $1.7 billion, making it Hong Kong’s latest unicorn.
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
Sharma’s shareholdings in Paytm will increase to 19.42%, while Antfin’s shareholdings are reduced to 13.5%.
The funding comes as part of a renewal of the Financial Sector Technology and Innovation Scheme (FSTI 3.0).
The Chilean firm will use Thought Machine’s Vault Core to develop personalised financial products.
From 3 October, access to crypto through Revolut will be fully disabled for US customers.
The insurtech previously raised $18 million in its Series A funding round of July 2021.
Tomlinson, who joins from Confluent, brings more than 25 years of experience to his new role.
The acquisition makes Albo “the only neobank to offer debit and credit products for both consumers and SMBs”.
He has served as CEO of Citigroup’s institutional clients group since 2019 having joined the firm in 1987.
In addition, the company has also raised $20 million in new equity financing from its existing investors.
MSUFCU previously participated in Nymbus’ $70 million Series D funding round in May.
A 60-day voting period for members to approve the merger is expected to begin later this month.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Payoneer says the start-up’s tech will help it to “better understand and serve customers”.
The offering had already accumulated $1 billion in deposits within the first week of going live.
Moody’s Analytics’ Orbis database is set to strengthen the European Commission’s anti-fraud efforts.
First Federal will integrate Bankjoy’s digital banking platform with Fiserv Cleartouch, its core banking system.
The bank says it wants to enhance the lending experience for its customers by moving to a single platform.
The Texas-headquartered company has implemented Provenir’s Data and Decisioning Platform.
Rcloud was the result of Regnology’s November 2022 partnership with Google Cloud.
Once approved, small businesses will have instant access to up to $75,000 of working capital.
In her new role, Rowe will be leading growth and operations for Stax’s software and payments portfolio.
Seacoast Bank is leveraging NCR’s ATM-as-a-Service solution to replace its conventional ATM fleet.
Computop’s founders, Frank Arnoldt and Ralf Gladis, previously held 50% of the company’s shares each.