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Revolut raises eyebrows after “inadequate” internal audit

The Financial Times reports that Revolut has left space for a "high risk of material misstatement" in its latest audit.

Carbon and Mambu deepen partnership with launch of a new BNPL...

Microfinance bank Carbon Finance has extended its partnership with Mambu to launch its new BNPL product, Carbon Zero.  Carbon notes that they have observed the...

OneID receives ACCS accreditation to authenticate the age of over 40M

Identity authentication firm OneID has gained full ACCS-accreditation to be an age checking provider to over 40 million people online in the UK. The accreditation...

Wise hit with $360K fine over AML breaches from UAE regulator

UK fintech Wise, an international payments facilitator, has received a $360,000 (£309,213) fine from the FSRA (Financial Services Regulatory Authority) following breaches of anti-money...

Afterpay shuts down Money app confirming Westpac exit

Australian BNPL platform Afterpay has announced it will close down its Money app, which will lead to its subsequent exit from its two year...

TFPA, Roger Bracken: Shift from legacy systems is a challenge and...

Following the forming of the Fintech & Payments Advisory Network (TFPA), a venture created by veterans in Fintech and Payments, we spoke to Roger...

FCA sends warning over potential unregulated BNPL products

The Financial Conduct Authority (FCA) has issued a warning to companies that offer Buy Now, Pay Later (BNPL) services that some of the products...

Klarpay launches cross-border payment solution to reduce costs

Klarpay AG, a Swiss fintech firm, has launched a cross-border payment solution by integrating Visa’s B2B Connect product to help reduce client costs.  Klarpay’s latest...

Pecunpay to utilise viafintech’s banking system in new partnership

Spanish e-money payment processor Pecunpay has announced a new partnership with Paysafe company viafintech to leverage its banking system.  The partnership will see the launch...

Revolut increase workforce by 20% amid mass fintech layoffs

UK fintech unicorn Revolut has increased its workforce by 20%, despite tech and fintech firms cutting staff at alarming rates over the past several...

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