PayPal hires Expedia veteran as chief product officer
PayPal has appointed John Kim as executive vice president, chief product officer effective September 26, 2022.
Lemonade sells Metromile’s Enterprise Business
Lemonade, the digital insurance company that leverages AI technology has sold Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform EIS.
Regnology buys Tax Information Reporting software from PwC UK
RegTech solution provider Regnology has acquired Tax Information Reporting (TIR) software from PwC UK.
Chinese authorities introduce draft law on financial stability
Chinese authorities have unveiled a draft law on financial stability which has been open for public opinion since last week.
Why the gap between payments and lending is closing
Recent work by Currencycloud has suggested that the gap in differences between traditional lending and payments is narrowing.
Reserve Bank of New Zealand underlines rising bank resilience from stress tests
Recent stress tests by the Reserve Bank of New Zealand (RBNZ) have shown increasing resilience in the banking sector and the benefit of continue to build capital buffers.
KYC Portal underlines benefits of perpetual know-your-customer approach
A blogpost by KYC Portal has detailed how an ongoing know-your-customer (KYC) approach can help firms reduce their risk exposure to hours instead of weeks or months.
Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.
The UK increases the contactless payments cap to £100
The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.
German regulator boss sacked over Wirecard transactions
Head of German audit regulator Apas has been dismissed with immediate effect after disclosing that he'd been trading with Wirecard stocks when the company was being audited earlier in 2020.
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