Deserve raises $50m round led by Goldman Sachs
Credit card company Deserve has just raised a massive $50m round led by investment bank Goldman Sachs.
Square has sold food delivery service Caviar to DoorDash for $410m
Payment process platform Square has sold Caviar, the food delivery service, to DoorDash, the meal delivery company.
Is the EU’s new suggested authority really taking the fight against money laundering or...
European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. But is it enough?
UK MPs call for sanctions and payment delays to combat fraud
UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help combat fraud.
German regulator BaFin has reportedly warned N26 to improve its fraud response
German challenger bank N26 is reportedly being told by the country’s banking regulator BaFin to improve its response to fraud.
Goldman Sachs has handed out roughly $10bn in credit to Apple Card
Investment bank Goldman Sachs has extended credit lines worth $10bn to Apple Card users since Apple launched the credit card in the last quarter.
Germany’s banks lash out against Libra whilst pushing for a digital euro
Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...
Hiscox to show threat of flooding through new AR app
Hiscox, a specialist insurer, has released a new flood threat app which uses augmented reality to show the risks of damage.
Western Union releases new API for payments
Western Union, a cross-border payments firm, has released a new application programming interface (API) to support front-end domestic and international payment applications.
Facebook is accused of discriminating against female financial services consumers
Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.
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