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Latest Results from /payments

/payments

Nevermined raises $4m to build 'PayPal for AI'

Nevermined, a startup building payments infrastructure for AI-to-AI transactions, has raised $4 million in funding.

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Bank of England and NYDFS swap staff with expertise in emerging payments and digital assets

The Bank of England and New York's Department of Financial Services have reached a resource sharing agreement involving the exchange of senior staff with expertise in emerging payments and digital assets.

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JP Morgan unveils biometric payment terminals

JP Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.

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Bank of England to launch Digital Pound Lab

The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.

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Financial platform for immigrants, LemFi, raises $53 million

LemFi, a financial services platform for immigrant communities, has raised $53 million in a Series B funding round led by Highland Capital.

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Shift4 Payments and SEC reach disclosure violation settlement

Shift4 Payments, the firm founded by Donald Trump's pick to lead Nasa, reached a $750,000 settlement with the SEC for reporting and proxy violations.

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Goldman Sachs invests in Canadian fintech Float Financial

Goldman Sachs has led a C$70 million Series B funding round for Canadian business finance platform Float Financial.

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Zilch embarks on lastminute travel trip

Buy now, pay later provider Zilch has signed a white label travel payments deal with lastminute.com, enabling ustomers to search, book and pay for holidays in the Zilch app.

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India delays UPI market share cap deadline

India has postponed the roll out of a cap that would limit the market share of third party app providers using the country's Unified Payments Interface (UPI).

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CFPB takes aim at digital payment privacy and consumer protections

The Consumer Financial Protection Bureau is looking into how it can apply existing privacy and consumer protections laws to emerging digital payments offered through Big Tech, as well as stablecoins and other cryptocurrencies.

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European Court of Auditors flags concerns over EU price interventions in card market

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.

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De La Rue gets takeover approach

De La Rue has received a preliminary takeover offer from the same group of investors which in December made a bid for up to 40% of the UK banknote printer.