Fintech Funding: Fintechs nab millions for account-to-account payments, digital banking
Lithuanian account-to-account (A2A) payments fintech kevin. raised $65 million in a series A round, the company announced Tuesday. Founded in...
Payments
Revolut’s $33B bank app hits a roadblock in Britain
Nikolay Storonsky, once a championship swimmer in his native Russia, doesn’t like to hang around in the slow lane. His...
FIS touts USDC settlements, 9% revenue growth in Q1
Core provider FIS offered a look behind the crypto curtain during its first-quarter earnings presentation Tuesday. Circle, the peer-to-peer payments...
Decentralized finance brings new opportunities, challenges to the banking ecosystem
Blockchain technology and digital currencies are not yet part of the average person’s day-to-day financial life. However, as consumer interest...
Apple hit with EU antitrust complaint over iPhone payments
Apple Inc. was hit by a formal antitrust complaint from the European Union over how it handles iPhone payment services,...
Trudeau’s Tory rival vows to ban Bank of Canada digital currency
The front-runner in the race to lead Canada’s main opposition Conservative Party took aim at the Bank of Canada by...
Wall Street firms make crypto push to catch up with ‘cool kids’
On Wall Street, Jefferies Financial Group is expanding banking services for crypto clients, BlackRock Inc. is backing a stablecoin firm...
Stripe teams up with Twitter in renewed crypto payments push
Payments company Stripe Inc., one of the world’s most valuable startups, is stepping up its return to cryptocurrencies. Stripe said...
BOE taps banks for funds to increase scrutiny of crypto assets
Britain’s banking regulator will tap the commercial institutions it oversees for funds that will help it hire staff to track...
Circle will apply for U.S. crypto bank charter in ‘near future’
The crypto payments startup Circle Internet Financial said it’s closer to submitting an application to operate as a bank in...
