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Revolut Debuts Crypto Exchange for Professional UK Traders
Revolut Debuts Crypto Exchange for Professional UK Traders
May 07, 2024  |  News

British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders.  Revolut X, announced Tuesday (May 7), is designed to compete with other...

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Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
May 07, 2024  |  Earnings

Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and...

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Square Debuts Restaurant Kiosk for Self-Serve Ordering
Square Debuts Restaurant Kiosk for Self-Serve Ordering
May 07, 2024  |  Restaurant innovation

Square has introduced a tool to allow self-service ordering at fast food restaurants. Square Kiosk, announced Tuesday (May 7), is a combined software, hardware and payment solution...

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Pandora: Young Shoppers Take Shine to Lab-Grown Diamonds
Pandora: Young Shoppers Take Shine to Lab-Grown Diamonds
May 07, 2024  |  Retail

Pandora’s abandonment of mined diamonds has apparently not hindered its standing with younger consumers. Speaking to the Financial Times (FT) Tuesday (May 7), Alexander Lacik, CEO of...

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Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
May 07, 2024  |  CFPB

Chime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in penalties as part of a settlement with the Consumer Financial Protection...

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Instacart Brings Groceries and Restaurant Food Together With Uber Eats Deal
Instacart Brings Groceries and Restaurant Food Together With Uber Eats Deal
May 07, 2024  |  Delivery

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead,...

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Nigeria Moves to Ban P2P Naira Crypto Trading
Nigeria Moves to Ban P2P Naira Crypto Trading
May 07, 2024  |  Cryptocurrency

Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer trading. The ban would affect P2P trading in the country’s naira, Bloomberg reported...

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FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
May 07, 2024  |  B2B Payments

FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. The new “Atelio by FIS” platform can help...

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MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
May 07, 2024  |  Digital Payments

Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces...

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