News

Klarna acquires Laybuy in New Zealand

Klarna has acquired the assets of Laybuy in New Zealand and plans to relaunch the service, bringing its global expertise to enhance payment flexibility and user experience for local consumers and merchants.

Payment

Zip extends partnership with Stripe to US market

Zip has expanded its partnership with Stripe to the US, enabling merchants to easily integrate Zip’s BNPL solution, potentially driving customer growth and enhancing conversion rates.

Big Banks

ANZ partners with Microsoft to launch AI Immersion Centre

ANZ has partnered with Microsoft to launch the first AI Immersion Centre in the banking sector across Australia and New Zealand.

Big Banks

Bank of America named official bank sponsor for FIFA World Cup 26™

In a historic partnership, FIFA has announced Bank of America as the Official Bank Sponsor for FIFA World Cup 26™, marking the first time the global financial institution has entered the world of international football sponsorship.

Investment

Tencent divests 14% stake in British challenger bank Tide

Chinese tech giant Tencent has sold off its 14% stake in British challenger bank Tide, marking a significant step back from its international investment ventures. The move aligns with Tencent's broader strategy of scaling back its global expansion, amid tightening regulatory scrutiny at home and abroad.

Big Banks

Amazon and Barclays launch co-branded credit card

Amazon and Barclays have unveiled their latest collaboration, a co-branded credit card that rewards customers for everyday purchases, both on and off Amazon.

BNP Paribas' bold AI initiative: 800 specialists and 780 use cases

How France's leading bank is shaping the future of finance through Artificial Intelligence?

Big Banks

Santander and Amazon launch their new credit card Amazon Visa in Germany

Amazon Visa rewards customers with 1% back in points for purchases on Amazon.de and 0.5% for other purchases; Prime members get 2% back in points during select Amazon.de shopping events.

FinTech

Standard Chartered invests in United Fintech to bolster its digital transformation agenda

Standard Chartered joins a suite of other institutional investors in the Digital Transformation platform.

Digital Banking

Revolut receives UK banking licence

The global fintech now enters the PRA's ‘mobilisation’ stage, having received authorisation with restrictions, designed for new banks to complete the build out of their banking operations.

Digital Banking

Liv signs MoU with Ctrl Alt to explore tokenisation of real-world assets

Collaboration aimed at exploring ways to provide customers with access to the growing tokenised asset sector.

Digital Banking

bunq sets its eyes on UK as it reports first full year of profitability

bunq reports €53.1 million in net profit in 2023, becoming Europe’s second most profitable neobank.