Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
OakNorth, a FinTech backed by SoftBank, has hired former Google executive Sunil Chandra to lead its artificial intelligence (AI)-based technology arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The European Union’s antitrust enforcer Margrethe Vestager is handing down an interim order to U.S. chipmaker Broadcom to halt purported anti-competitive practices, the Financial Times reported on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today in the payments news roundup, PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting in Washington, D.C last week. Also, OYO, an India-based hotel and booking startup, announced a $1.5 billion funding round, and Google is...
Britain is reportedly considering banning the sale of derivatives involved with cryptocurrency assets, such as bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
A new technology division is being launched at Germany’s Deutsche Bank to restructure systems for simplicity and efficiency, Reuters reported on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. 7). Get the Full Story Complete the form to unlock this...
The European Commission has asked Facebook and the Libra Association to respond to a series of questions on financial stability, money laundering and data privacy risks that could be posed by the project, CNBC reported on Monday (Oct. 7). Get the Full Story Complete the...