Latest news headlines: Finextra Research

Google adds BNPL options to mobile wallet

Google is teaming up with Zip and Affirm to offer buy now pay later options for US consumers shopping with Google Pay.

13 December 2023

Deutsche Bank forms stablecoin joint venture company

Deutsche Bank's DWS is collaborating with crypto invesment firm Galaxy Digital and liquidity provider Flow Traders to create a joint venture for issuing a EUR-denominated stablecoin.

13 December 2023

/payments

UK payments watchdog proposes cap on interchange fees

The Payment Systems Regulator is propsing to cap cross-border interchange fees on credit and debit cards to protect UK businesses from rising costs.

13 December 2023

/payments

JCB to begin Phase 2 trials of offline CBDC

Japanese card issuer JCB is moving to Phase 2 of a pilot to trial offline P2P payments for a central bank digital currency (CBDC).

13 December 2023

/payments

Motive acquires controlling stake in Splitit Payments

Private equity firm Motive Partners has acquired a controlling stake in Australian-listed BNPL outfit Splitit Payments.

13 December 2023

/crypto

M&G Investments leads $30 million seed round in crypto startup GFO-X

M&G Investments has led a $30 million seed round in digital asset trading startup Global Futures and Options (GFO-X) ahead of its forthcoming go-live.

13 December 2023

/startups

Citi leads investment round in Colombian B2B fintech Supra

Citi has led an investment round in Colombian B2B payments startup Supra.

12 December 2023

/people

Paymentology hires former Marqeta exec Jeff Parker as CEO

Global card issuer and processor Paymentology has hired Jeff Parker, the former SVP and managing director of Marqueta, as its new CEO.

12 December 2023

/payments

French fintech Aria raises €15 million

French fintech Aria has landed a €15M funding round to expand its deferred payment infrastructure across the platform economy and B2B marketplaces.

12 December 2023

/retail

CaixaBank creates 100-strong GenAI team

CaixaBank has assembled a multi-disciplinary task force of more than 100 people to exclusively work on and deploy generative artificial intelligence in specific areas of internal and customer-related services.

12 December 2023

/cloud

Santander migrates corporate bank to new Gravity platform on Google Cloud

Banco Santander has successfully mirgated its corporate and investmenting banking business to its new cloud-native core banking platform, Gravity.

12 December 2023

/regulation

FCA hampered by crypto skills shortage

A shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering regulations in 2021, and it still finds it difficult to recruit and retain staff with these skills, acording to a report by the National Audit Office (NAO).

11 December 2023