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Latest Results from /payments

/payments

FCA tightens the screws on e-money firms; consumer groups say "too little, too late"

The UK's Financial Conduct Authority has finalised new rules to protect consumer's money in the event of payment firm insolvency.

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Visa launches cybersecurity advisory practice

Visa has created a cybersecurity advisory practice and appointed expert Jeremiah Dewey as global head of cyber products.

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Sainsbury's sells travel money business to Fexco

UK supermarket group Sainsbury's is offloading its travel money business to Ireland's Fexco. Financial terms were not disclosed.

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Alaan raises $48m for spend management platform

Alaan, a UAE-based, AI-powered corporate spend management platform founded by former McKinsey consultants, has raised $48 million in Series A funding.

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Latvian fintech startup Handwave raises $4.2 million for palm payments

Latvian fintech startup Handwave has raised $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US.

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Klarna considers autumn IPO revival

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

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Hong Kong to issue first stablecoin licences in early 2026

Hong Kong's financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.

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Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

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Visa adds settlement support for more stablecoins

Visa is expanding its backing for stablecoins, adding settlement support for three more coins as well two new blockchains.

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Payroc agrees to buy BlueSnap

North American merchant acquirer and payment technology provider Payroc has agreed to acquire payment orchestration and AR automation platform BlueSnap. Financial terms were not disclosed.

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Revolut alumnus extends Seed round to €6.3 million to grow payments network

Due, a payment startup founded by Revolut alumni, has extended its Seed round to €6.3 million to launch a new API platform encompassing stablecoin payments.

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Canada's Real-Time Rail set for testing phase

The technical build for Canada's Real-Time Rail (RTR) payments system is almost complete, with testing set to be carried out in autumn ahead of launch.