DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Chinese regulators halt Ant’s IPO
The Ant Technology Group's public listing was expected to be the biggest IPO ever, but now Chinese regulators have suspended the stock market debut.
Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last...
These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.
FSB publishes roadmap to enhance cross-border payments
The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.
Paynetics buys Wirecard’s corporate card portfolio
FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.
Tink inks open banking partnership with Lydia
French mobile payment app Lydia has tapped Swedish FinTech Tink to use its open banking technology, empowering it to leverage access to PSD2 APIs across Europe.
Iren picks SIA to bolster its PSD2-enabled payment services
Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.
HMRC runs £3m open banking tender
Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.
What these 25 funding rounds tell you about where the FinTech industry is going
Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.
Customers abandon purchases because of strong customer authentication processes
Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.
