In today’s FinTech news, SoFi expands its banking services, while U.K. FinTech CEOs ask to overhaul regulations. London embedded finance startup Weavr raised funds, while the London Stock Exchange Group acquired an all-in-one trading management solutions platform. Over in Africa, Osahon Akpata, Ecobank’s head of...
American banks do not expect to see an impact on their business – or wider risk contagion – due to the sanctions the U.S. and other nations are levying against Russia over the crisis in Ukraine, Reuters reported Tuesday (Feb. 22). Get the Full Story...
In times of war — or of armed conflicts that are wars in all but name — payments can be weaponized (after a fashion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Members of Parliament took aim at the United Kingdom’s financial regulatory bodies Monday (Feb. 21), alleging they have failed to combat fraud and accused them of being too cozy with financial institutions (FIs), Investment Week reported. Get the Full Story Complete the form to unlock...
Chinese authorities have said the biggest state-owned firms and banks need to start a fresh round of checks on financial exposure and other links to Ant Group, Bloomberg reported Monday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy...
Tencent has said it isn’t facing a major regulatory crackdown, refuting online speculation, according to a Monday (Feb. 21) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Tingo, a Nigerian FinTech focusing on agriculture, is looking to raise $500 million to expand across Africa, Bloomberg reported Monday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The European single market is akin to an obstacle course, which has put several companies as also-rans as the U.S. takes the lead, Financial Times writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Ukrainian parliamentary body Verkhovna Rada supported the amendments of the Ukraine President Volodymyr Zelenskyy to the country’s law on virtual assets, creating a legal market for cryptocurrency and other virtual assets in the nation, according to a press release Thursday (Feb. 17). Get the Full...
