Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
Visa, Tala partner to bolster crypto adoption in emerging markets
Visa has partnered with Santa Monica-based FinTech startup Tala to offer easier access to cryptocurrencies for people in emerging markets.
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
Pennyworth launches financial planning app on iOS, Android to follow
UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.
Canadian VC firm closes third investment fund, raises $101m
FinTech-focused VC company Information Venture Partners has closed its third investment fund and has raised a total of $101m.
JP Morgan team with DBS, Temasek to launch joint payments firm
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
Virgin Money teams with UK FinTech firm to bolster lending offering
Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
FOMO teams with Atome to expand BNPL across Asia
Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.