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News
Banks look to fintechs to stave off threat from Big Tech
Nearly half of all banks are looking to buy majority stakes in fintechs to fend…
Lloyds draws the blinds on more branches
Lloyds Banking Group has revealed 35 new branch closures, drawing a line under the provision…
NatWest to shutter 143 branches in 2023
NatWest Group is to bring the shutters down on a further 36 branches, bringing the…
Majority of countries see ATM recovery post-COVID
The ATM market has grown in more than half of 180 countries analyzed in RBR’s…
Cash: Don’t write it off just yet
Despite all the hype around a cashless society – and paranoia from conspiracy theorists about…
Lloyds and NatWest close more branches
Lloyds Banking Group and NatWest are, between them, closing another 80 branches across the UK…
Walmart invests $200m in Indian fintech PhonePe
Indian mobile payments company PhonePe has secured $200 million in primary capital from US retail…
Judge upholds $5.6bn interchange settlement
A US federal appeals court has upheld a $5.6 billion antitrust class-action settlement between 12…
Central banks conclude cross-border CBDC experiment, Project Icebreaker
Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks…
Smart lending fintech Abound raises £500 million
Abound, a UK-based fintech that uses a combination of open banking and artifical intelligence to…
Bybit launches debit card; suspends US dollar deposits
Crypto Exchange Bybit has begun the roll out of Mastercard debit cards, enabling users to…
FinTech Australia says ING systems upgrade may breach open banking rules
Fintech Australia and the Financial Data and Technology Association (FDATA) are calling on Australia’s competition…
