Swiss financial market supervisory authority FINMA has ruled that HSBC Private Bank (Suisse) SA violated money laundering regulations. This ruling followed enforcement proceedings opened by...
Spanish venture capital (VC) firm Kfund has raised $75 million to fund tech projects. The company announced the new fund Monday (June 17), saying it would help support founders...
Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global...
Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta...
After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. A bill...
Shift4 has acquired a majority stake in Vectron Systems, a supplier of point-of-sale (POS) systems to the restaurant and hospitality verticals in Europe. This acquisition...
BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also...
Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June 12) released its annual report, showing...
British payments company Checkout.com has a new chief operating officer. Jenny Hadlow, who had been heading the company’s revenue operations team, will be promoted to...