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Revolut News
Mobile wallets show strong post-COVID growth, rising to 5.6 billion in circulation by 2027
LONDON, November 10, 2022 /PRNewswire/ -- Migrations to cashless societies exacerbate the need for mobile wallets with enhanced functionality and access to various end markets, including identity and ticketing. According to a global…
Fintech companies are betting on the strategy of super apps to drive
Consumers are spending more and more time on their smartphones. From socializing to buying groceries, entertainment and shopping, everything is done via mobile phones. To build brand loyalty and loyalty…
Mum Keady warned after Shania Twain €500 banknote scam by fraudsters – Armagh I
A Clement mother has warned others to be vigilant after she was scammed!--END>!--canvas-post-feat-img-->!--START>…
Digital bank Chime cuts 12% of its workforce as stormy markets hurt fintechs
Nov 2 (Reuters) - Online banking firm Chime has laid off 12% of its employees, a spokesman said on Wednesday, blaming "current market dynamics" as this year's tech rout slams once-high valuations growing startups.The San Francisco-based…
Revolut boss renounces Russian citizenship as his father is sanctioned by Ukraine
Revolut's chief executive has renounced his Russian citizenship as he continues his long pursuit of a UK banking license and his father is sanctioned by Ukraine for his role at Gazprom.
Nikolay Storonsky Jnr, co-founder of the $33bn…
UK banks hate crypto, and that’s bad news for everyone
In 2018, the UK's Financial Conduct Authority (FCA) wrote to the heads of the country's biggest banks to stress the importance of due diligence when it comes to crypto businesses. This appears to have led to high-risk ratings and…
The Earned Salary Access Software Market is Booming Globally:
Earned Salary Access Software MarketAdvance Market Analytics has published a new research publication on "Earned Wage Access Software Market Insights, to 2027" with 232 pages and enriched with self-explained…
Revolut and UNiDAYS team up to help students better manage their finances
UNIDAYSthe global platform that enables brands to instantly verify and connect with millions of students, today announced a partnership with Revolutionthe super global financial app.
Students who sign up for Revolut…
What makes London Europe’s leading tech hub?
London is Europe's leading technology hub. On a global scale, only Silicon Valley prevails. The city known for Big Ben, double-decker buses and breathtaking parks has seen its tech ecosystem flourish over the past decade.
This growth has…
Revolut blames Brexit for moving a million business customers from London to Lithuania
Revolut blamed Brexit for forcing it to move more than a million business customers from London to Lithuania in order to market its products to European customers.
The fintech company will transfer all European Economic Area (EEA)…
The bank had called Father Seguna thinking the payments were a scam
Photo: Miguela XuerebHSBC had called father Luke Seguna to question him about payments made on payment processing sites associated with porn sites, believing he had been scammed, a police officer told the court on Monday.The former parish…
Maya named among the most promising global fintech companies – Manila Bulletin
CB Insights named all-in-one money platform Maya to its fifth annual Fintech 250 ranking, which features the 250 most promising private fintech companies of 2022.
Maya, through its parent company Voyager Innovations, joins an elite…
Insurtech Weekly News Roundup: September 30
The 10-week program brings together insurtechs, insurers and brokers to test new insurance products that address the issues and challenges facing the Lloyd's market. It started on…
Crypto Platforms Gain EMEA Regulatory Approval
After years of operating a lucrative business model out of offshore tax havens with little to no regulatory oversight, 2022 was the year crypto trading platforms joined the mainstream of finance as countries around the world are trying…
Week in Review: Revolut Data Breach, ManageEngine RCE Flaw, Free Linux Security Training Courses
Leaked images in development of GTA 6US video game publisher Rockstar Games has suffered an unfortunate data leak: someone has posted in-development images/videos online for Grand Theft Auto (GTA) 6, the highly anticipated…
GTA 6 footage leaks, Revolut gets hacked and Wipro fires 300 for ‘moonlighting’
Hi friends! Welcome to Week in Review, the newsletter where we very quickly summarize the most read TechCrunch stories from the past week.
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Leaked images of GTA 6:…
Revolut adds Shiba Inu (SHIB) and Dogecoin (DOGE) for US customers by DailyCoin
© Reuters Revolut adds Shiba Inu (SHIB) and Dogecoin (DOGE) for US customers
London neobank Revolut has expanded its crypto services to the United States. This was announced on Thursday, a day after the Fed raised interest…
Banking Giant Launches VC for Crypto Investments, Paying Taxes with Crypto in the US, EOS…
Source: Adobe Stock / VTT Studio Get your daily digest of crypto-asset and blockchain-related news - by investigating stories that fly under the radar in today's crypto…
WazirX Removes USDC Stablecoin, Converting User Holdings to Binance USD
WazirX, one of India's leading cryptocurrency exchanges, today announced that it will be removing USD Coin (USDC), Pax Dollar (USDP), and TrueUSD (TUSD), and automatically converting users' existing balances to these three stablecoins in…
Wichita Shipping Container Mall is getting a new bar and will soon add a small cafe as well
They first opened a hair salon. Then they added a bar. And then the owners of the Fox & Ash hair salon at Revolutsia - the shipping container mall at 2721 E. Central that also ProstWine Flower and Ze German Markt – will also add a…
Most wanted digital banks revealed – London Business News
A new study has revealed that Revolut is the most searched online banking service in Europe.
The study, conducted by spread betting broker CMC Markets, analyzed a comprehensive list of online banking services available in Europe via…
Crypto miner Poolin suspends BTC and ETH withdrawals, citing ‘liquidity issues’
Poolin, one of the largest Bitcoin mining pools by hash rate, announced that it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to "liquidity issues".In an announcement on Monday, Poolin said its wallet…
Revolut cuts crypto trading fees by 20% from October 2022
Over the past few months, challenger bank Revolut has gained regulatory clearance to provide cryptocurrency services to its 17 million customers in Europe and announced that the bank has ambitions to expand its crypto workforce across…
FinTechs are using secured cards to close the consumer credit gap
The road to building a full-service bank in the digital age is long and winding.
And for FinTechs striving to do so, the challenge is to achieve critical mass, with an installed base of consumers sticky enough to adopt a wide range of…
5 Influential FinTech Companies in the UK Financial Services Sector
By Leandra Monteiro
August 30, 2022…
Kuala Lumpur hosts the Global Islamic Finance Forum 2022 on October 5-6
Kuala Lumpur - The Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), in partnership with the Central Bank of Malaysia, is organizing the Global Islamic Finance Forum 2022 (GIFF2022) on October 5-6 in Kuala…
Hedera will be listed on Coinbase; Elrond now available to millions of users via Revolut; 50,000…
In a recent announcement, leading cryptocurrency exchange Coinbase added Hedera (HBAR) to its roadmap. Assets that Coinbase has decided to list are added to the “Roadmap” section. This is still good news for…
Essex bus company blocks Monzo and other banks over issues
An Essex bus company has blocked some banks on its cash machines amid ongoing issues with contactless 'non-payments'.
Ensignbus, which has routes in south Essex areas such as Southend, Grays and Tilbury, last month…
Top 12 Global Fintech Investors in Q2 2022
Despite falling tech stocks and worries about an economic slowdown, global fintech venture deals have remained strong in 2022.
In the first half of 2022, fintech startups raised a total of US$53.5 billion, a sum lower than the 2021 figure…
Crypto Winter Freezes Turned Investors Into Hardware Wallets
There has been no shortage of crypto casualties this summer.
August 8, Singapore Hodlnaut join other lenders Vault and Celsius and Singaporean exchange Zipmex by suspending crypto withdrawals from users due to “recent…
Most popular online casino payment methods for Canadians
It is not illegal to participate in gambling activities in Canada. Therefore, you can freely choose the online casino games you prefer.
Many North Americans…
Revolut users can now donate to homeless job seekers – FE News
London, August 16, 2022: Beam, a social enterprise that helps homeless people find stable jobs and housing, has been added to Revolut Donations.
Revolut users can now donate to Beam and help the homeless raise money for training,…
Revolut granted crypto license to Cyprus as UK app drags on
Revolut has secured a crypto-asset license in Cyprus, allowing the UK-based fintech to provide additional regulated crypto services to its 17 million European customers as it continues to pursue a crypto license in its country of origin.…
This Week in European Tech: GRIDSERVE raises £200m, Deliveroo leaves the Netherlands, several…
This week, our research team tracked more than 75 technology financing agreements Upper value 690 million eurosand more 20 releases, M&A deals, rumorsand related reporting across Europe.
As always, we're rounding them all up for you in…
What is the fake Revolut scam text? Scammers posing as a banking app
SSome Revolut customers have received a convincing scam text message that appears to come from the banking app.Either it asks them to authorize a payment, or they notify them that a new device has been set up on their account. The scammer…
Kuda appoints leaders for international expansion — Features — The Guardian Nigeria News – Nigeria…
Kuda, the Money app for Africans, is set to make its mark on the global banking industry with the appointment of Pavel Khristolubov and Elena Lavezzi as new Chief Operating Officer (COO) and Chief Strategy…
Spending on essentials rises as people cut back on luxuries
The rising cost of essentials such as fuel and groceries has led to a reduction in the amount people spend on clothing and leisure facilities, according to the latest figures.
The latest monthly consumer spending report from Revolut, the…
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle +…
Source: Adobe/mino21 Get your daily digest of crypto-asset and blockchain-related news - by investigating stories that fly under the radar in today's crypto news. __________Trade…
WOMAN ON THE VERGE: The highs and lows of an Irish summer
We've reached the August Bank Holiday, and if you haven't already run out of steam or cash, or been eaten alive by nasty bugs like me, summer 2022 is still here. to play.
• I was sure I had a case of monkeypox this week. Let me back up…
US credit card issuers compete for new business
Credit card lenders have stepped up marketing efforts to lure new borrowers, showing confidence in U.S. consumers even as the economy could tip into a recession.
The volume of paper and digital mail solicitations increased for the second…
Azerbaijan will introduce Google Pay services
By Ayya Lmahamad
Google Pay services will be introduced in Azerbaijan in the near future, Central Bank (CBA) Executive Director Farid Osmanov told a press conference, Azernews reports.
"Apple Pay payment service…
Livestorm Video Engagement Platform Introduces a Suite of New Features to Improve… | New
Philadelphia, Pennsylvania, July 28, 2022 (GLOBE NEWSWIRE) -- Live Storm, the first video engagement…
Revolut Iban problems mean I can’t get paid – The Irish Times
A while ago, I gave in to peer pressure and opened a Revolut account. I have to say it's awesome. However, recently some people I worked for tried to pay my fees to my Revolut account using the usual details i.e. account name, Iban etc.…
AIB cashless backlash as it is ‘last man standing’ in some areas
Part of the negative reaction to AIB's now abandoned plan to eliminate cash at 70 branches was likely due to it being the last bank in some areas.
That's according to John Kelly, CEO of Lean CFO and associate lecturer at UCD.
He said On…
Microsurvey: how can we help you make identity decisions? Tell us for a chance to win!
TECH5 is an international technology company founded by biometrics industry experts, focused on developing disruptive biometric and digital identification solutions through the application of AI and machine learning…
FF TD calls for emergency meeting on AIB cashless move
Fianna Fáil TD James O'Connor wrote to members of the Parliamentary Party this evening, asking for their support for an emergency meeting with the Finance Minister over AIB's decision to make 70 of its branches cashless.
In his letter to…
Banks and financial institutions get more travel services
Increasingly, banks and financial institutions are finding that travel is one of the most, shall we say, bankable ways, for lack of a better term, of retaining customers.According to a article on PhocusWiremany banks and companies are…
Can Remuno and MoonPay help standardize crypto payment processors?
NNA |
Updated: Jul 16, 2022 12:38 PM STI
New Delhi , July 16 (ANI/ATK): Despite having been around for over a decade,…
Australian unicorn BNPL Zip seeks to exit UK market
Australian buy-it-now, pay-later (BNPL) company Zip Co is looking to sell or close its UK business, according to reports.
The Sydney-listed unicorn only recently became active in the UK market. However, Sky News reports the company is…
Revolut’s super app takes aim at POS providers | PaymentsSource
Revolut's global expansion has been largely digital and in line with the company's roots as a mobile payment app. But now the company has added a dose of hardware.The London-based company's Revolut Reader, launched last week, is the…
Walmart+ Weekend subscribers bought food, staples
The economic upheaval continues, drawing attention to big annual discount events from big retail rivals Amazon and Walmart. Among members of their respective membership programs, PYMNTS has observed patterns that show clear consumer…
Should I switch to a digital-only bank?
A growing number of young people are choosing digital-only banks such as Revolut and N26 over traditional banks.
But despite their growing popularity, 97% of Irish people still do their main current account through a traditional retail…
Former Deutsche Bank chief executive Kim Hammonds has died
Kim Hammonds, who spent five years at Deutsche Bank, including a stint as chief operating officer, has died. Hammonds, who has held various board positions since leaving the German lender in 2018, has died, the bank confirmed in a!--
>…
Neobank Market Expected to Grow US$2.5 Billion at a CAGR of 10.6% by 2032 -Atom Bank, Sopra Steria…
Mr Accuracy Reports announces the publication of the report Neobanking Market Research report by Category, Form, Product, Type, End User, Region - Global forecast to 2027. Key drivers of this growth are growing need…
Tech Roundup: News from Flourish Crypto, GeoWealth, Advisor360 and Facet Wealth
What do you want to know
Advisors using the Flourish Crypto platform now have free access to DACFP training under a new pact.
Advisor360° has improved its payee capability for advisors.
Fintech company Facet Wealth has made four…
The Booming Market for Financial Asset Brokerage Services Worldwide with Leading Key Players –…
The Brokerage services in financial assets market The 2022-2029 report provides a detailed analysis of market dynamics with a focus on secondary research. The report sheds light on the current status of the market…
Facet Wealth Accelerates Massive Growth with Four New Hires
BALTIMORE--(BUSINESS WIRE)--Wealth facet, a fintech company providing personalized, unbiased financial advice that integrates into all facets of life at an affordable flat rate, today announced four critical hires to the customer…
Prospects for Remittances to Emerging Markets amid Rising Inflation | Economic news
As rising inflation and the global food crisis put financial pressure on many countries around the world, remittance flows to emerging markets are expected to continue to provide crucial support.In a recently released report, the World…
Latest Crypto Bridge Hack: Key Ecosystem Weakness
Harmony's Horizon Bridge has been mined for $100 million, making three major bridge hacks this year and exposing a central weakness in the digital asset nexus, according to multiple reports.
Harmony said in a Tweeter the hack of its…
Biometric technologies to improve the security of mobile payments
LONDON, June 22, 2022 (GLOBE NEWSWIRE) -- The mobile payments market is expected to grow at a CAGR of over 21% during the forecast period. Mobile payments encompass several payment types, including mobile proximity payment, m-commerce,…
Leo Varadkar hints that the increase in social benefits will take effect immediately after the…
Welfare recipients can expect to see an increase in payments in October, Tanaiste Leo Varadkar reported. It comes as the government is under pressure to provide additional financial aid to households across the country who are facing!-->…
Solutions for cleaning up a mess: This week’s top biometrics stories
TECH5 is an international technology company founded by biometrics industry experts, focused on developing disruptive biometric and digital identification solutions through the application of AI and machine learning…
Ashman mortgage lender: UK banking license
Ashtray announced in a Press release yesterday that the authorities in his native Britain gave him the power to lend money.
The Birmingham, England-based company said it wanted to serve small and medium-sized businesses – a market the…
Ukrainians put messages on artillery shells fired at Russian soldiers
If you have something to say to the Russian army, well, here's your chance. A Telegram account in Ukraine solicits messages which, for a fee, are painted on various artillery shells fired at Russian front lines.
As reported by…
Beyonce fuels new music rumors as Instagram and Twitter profile pictures are deleted
Pop superstar Beyonce has fueled speculation that new music may be on the way after deleting her social media profile pictures. Fans, known as 'BeyHive', went into a frenzy after the 40-year-old updated her Instagram, Twitter,!-->…
Raisin exceeds 25 billion euros in savings-based assets
German fintech Raisin now has more than €25 billion in assets under management in savings products, the company announced on Friday (June 10). Press releasesaying that this step prepares it for more growth in the context of the interest…
Paxos Applauds New York Department of Financial Services for New Guidance on Issuance of US…
Paxos was the first licensed limited purpose trust for NYDFS digital assets in 2015
NEW YORK, June 8, 2022 /PRNewswire/ -- Paxosthe leading regulated blockchain infrastructure platform, released the following statement from its CEO and…
Is Revolut still down? Bank issues guidance for customers experiencing technical issues
Revolut has issued a statement and advice to users following an app crash over the June bank holiday weekend. The Irish customers were among thousands of people who reported problems logging in, transferring money and using other services!-->…
Solving the £1.5 trillion funding gap to boost economic growth, study finds
A leading investment firm has called on the UK to leverage new private capital investment and close the current 'funding gap' to accelerate the growth of the economy.A new report from Lakestar, an investor in companies such as Revolut, says…
Review: Choosing Ireland’s Best Banking App
What seems like many moons ago I wrote about Ireland's best digital bank. I ranked KBC as one of the best banking banks at the time, and I still do so today. The problem is that KBC is accelerating its exit from the Irish market. I just…
GPS Announces Appointment of Jill Docherty as Director, Global Partnerships
GPS Announces Appointment of Jill Docherty as Director, Global Partnerships
By Joy Dumasia…
Fintechs fail to make a dent in Mexico as cash remains king
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As is common practice with almost all professional websites, https://cyprus-mail.com (our "To place”) uses cookies, which are tiny files downloaded to your device, to improve your experience.
This document describes what…
Introducing the Green Finance Podcast, A Day in the Life of Milo Credit’s Founder and CEO, and…
Tearsheet provides daily summaries of top news and events, like this article, in a nifty, neat, and well-packaged daily email. Stay informed. Subscribe here.
Tearsheet's Daily won't be published on Monday due…
Revolut issues reminder to all Irish customers as major change in a few weeks
Revolut has issued a reminder to all customers as the company makes major changes to its service in Ireland. Following its official launch as a bank earlier this year, Revolut has announced a date customers need to know if they want to!-->…
Venture capital billions take over London Finance
(Bloomberg) - During the heyday of the City of London in the 1980s, most well-bred investment bankers paid little attention to King's Cross, then a seedy, drug-ridden den of vice a few miles from their halls of worship. market and their…
Trump Trade Secretary Ross plotting £700m merger with UK Atom Bank | Economic news
A senior figure in Donald Trump's cabinet is preparing a £700m deal that would see one of Britain's biggest digital-only banks listed on the US stock exchange.Sky News has learned that a Special Purpose Acquisition Company…
The Latest from the Crypto World
* Social media giant Meta filed trademark applications this week for a digital asset exchange and payment platform called "Meta Pay." After its failure with the Diem project, an abandoned stablecoin project, the American company seems to…