Worldpay launches embedded payments solution to meet consumer demands
Worldpay officially launched its embedded payments solution, Worldpay for Platforms, on July 8 to expand its integrated real-time payment offering to new markets.Worldpay for...
ReserveOne to go public in $1bn SPAC deal backed by crypto heavyweights
Digital asset holding firm ReserveOne has announced plans to go public through a business combination with M3-Brigade Acquisition V Corp., in a transaction valued...
European Payments Council opens call for partners to help power payee verification
Scheme aims to improve fraud checks on European bank transfers by mapping account numbers to bank identifiersThe European Payments Council (EPC) has launched a...
Revolut taps Ant International to offer cross-border remittance to China
The digital bank will enable same-day money transfers in Yuan via Alipay, targeting China’s global diaspora and expanding its footprint across Asia.Revolut is entering...
FCA hits Monzo with £21m fine as compliance struggles trail rapid growth
Digital bank’s anti-money laundering controls deemed ‘inadequate’ by regulator after onboarding tens of thousands of high-risk customers despite restrictionsThe Financial Conduct Authority (FCA) has...
Stablecoins: Scammers’ new playground?
Concerns around stablecoin payments are mounting after reports of high-value scams and growing use by illicit actorsScammers tricked victims into sending $250,300 worth of...
EGBA tightens the screws on AML payments checks
EGBA members double down on payments compliance with second AML reportMembers of the European Gaming and Betting Association (EGBA) have completed their second annual...
BBVA’s crypto service launch another sign of EU’s leadership status
BBVA officially launched its cryptocurrency trading and custody service for Bitcoin and Ether on July 4 for its Spanish retail clients. Spain’s second-largest bank rolled...
Tokenisation or theatre? Ripple and Mercado Bitcoin’s $200m asset move in context
Ripple and Mercado Bitcoin (MB) have announced a partnership to tokenise more than $200 million in real-world assets (RWAs) on the XRP Ledger, a...
Big Tech out of time as EU rejects delay to landmark AI law
With no grace period or implementation pause, payment providers face mounting pressure to meet the EU’s AI compliance deadlines, covering generative models, fraud detection,...