Revolut has bought an ePOS system, which will be used in bars, restaurants and other segments of the hospitality industry.
Major players like JPMorgan Chase & Co. and Lloyds Banking Group Plc have expressed interest in buying the challenger Starling Bank Ltd., the Times reported.
Banco Santander has closed an agreement to acquire several specialized technological assets of the bankrupted payment solution provider Wirecard.
The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.
Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.
Mastercard has bought the Salt Lake City-based fintech Finicity. With this move, the card issuer aims to strengthen its open banking platform and expand financial services through more real-time access to data.
The founder of bunq Ali Niknam is not worried about the bright future of his challenger bank and claims that the company was left untouched by the corona crisis except everybody had to work from home.
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This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.
The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.
The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.