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/payments

Worldline in talks to sell non-payments unit

French payments processor Worldline has entered exclusive talks over selling its digital services business to tech group Magellan Partners in a €410 million deal.

/payments

Apple and JPMorgan Chase close in on credit card deal

JPMorgan Chase is on the verge of closing a deal to replace Goldman Sachs as issuer for the Apple credit card, according to reports.

/payments

FIS to integrate with Circle for USDC payments

Global banking technology vendor FIS has teamed with stablecoin issuer Circle to give financial institutions the ability to transact in USDC.

/regulation

Bailey and Reeves clash over Revolut banking licence - FT

The Bank of England governor has reportedly clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's authorisation as a fully-licenced bank.

/retail

Revolut offers financial independence to 16-17 year olds

Revolut has extended access to its retail account for 16-17 year olds, leaving them free from adult supervision in kids accounts as they become financially independent.

/wholesale

Trovata buys treasury management system Atom

Cash and liquidity management platform Trovata has acquired treasury management system (TMS) Atom and secured $9 million in investment.

/crypto

PayPal unveils 'Pay with Crypto' feature

PayPal is launching a service that enables businesses to accept payments in more than 100 cryptocurrencies.

/payments

CaixaBank turns on instant cross-border mobile transfers

The European Payments Alliance (EuroPA) has hit a milestone in its efforts to bring instant cross-border payments to the continent with customers of Spain's CaixaBank now able to send money to people in Portugal, Italy and Andorra via the Bizum mobile transfer scheme.

/payments

Wise shareholders back plan to move listing to the US

Wise shareholders have voted in favour of the fintech's plan to shift its primary listing from London to the US.

/retail

Citizens delivers open finance payment features and direct deposit tools

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

/payments

Deutsche Bank to offer Wero payment acceptance

Deutsche Bank's Merchant Solutions business is integrating Wero into its payments acceptance offering ahead of the mobile wallet's launch in Germany.

/regulation

Europe must provide more support for stablecoins or face subservience to the US dollar

Jürgen Schaaf, an economist and advisor to the European Central Bank's Market Infrastructure and Payments division, says more support should be provided for properly regulated euro-denominated stablecoins to ward off the threat posed by US dollar-backed tokens.