Telegram forced to return $1.2bn to investors that backed its cryptocurrency project and pay...
Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Pockit customers’ accounts frozen because of the Wirecard scandal
Challenger bank Pockit has been forced to freeze all customers' accounts because of the Wirecard scandal and tells users to go to local welfare assistance schemes if they can't pay for their essentials.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
Revolut sets out to give its customer “a little peace of mind” in regards...
Several companies using Wirecard's payment processing solutions have found themselves having to suspend their services, but Revolut is not one of them.
Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout
Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.
MoneyGram has partnered with Digital Financial Services
Cross-border P2P payments and money transfers company MoneyGram has inked a new deal with Digital Financial Services to empower eWallet customers to make cross-border money transfers.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
N26 and TransferWise take their partnership up a notch with a new extension
German challenger bank N26 has extended its partnership with international payments company TransferWise, which will enable it to offer more options for foreign currency transfers.
TerraPay partners with Visa to develop payment solutions that drive financial inclusion
TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.
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