August 4, 2025 @ 8:30 am By Omar Faridi  |  

The European Banking Authority (EBA) has released its 2025 Opinion on money laundering and terrorist financing (ML/TF) risks affecting the EU’s financial sector. 2025 marks a significant change in the ML/TF risk landscape. In a context of important “geopolitical developments, legislative reforms and digitalisation new… Read More

 Tagged consumer protection, eba, europe, european banking authoriity, financial services

August 4, 2025 @ 4:47 am By Omar Faridi  |  

Major banks are reportedly imposing steep fees on consumers looking to access their account data or transfer funds to fintech and cryptocurrency platforms. Industry professionals are calling this strategy “Operation Chokepoint 3.0,” a nod to earlier regulatory efforts perceived to limit competition in the financial… Read More

 Tagged Crypto Adoption, fintech adoption, operation chokepoint 3.0, startups, us

August 4, 2025 @ 3:42 am By Omar Faridi  |  

CaixaBank is leveraging artificial intelligence and advanced digital solutions to foster innovation and expand its global reach. Recent initiatives—its AI-driven transformation and the launch of HolaBank Connecta—highlight the bank’s commitment to integrating technology with customer-centric services, positioning it as a key player in Spain’s economic… Read More

 Tagged CaixaBank, digital banking, europe, spain

August 4, 2025 @ 2:34 am By Omar Faridi  |  

UK small business sales growth slowed sharply in the June quarter (April to June), despite two official interest rate cuts earlier in the year, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform. The sales slowdown in… Read More

 Tagged insights, small businesses, uk, united kingdom

August 4, 2025 @ 1:25 am By Omar Faridi  |  

Digital bank Monzo continues to focus on leveraging data strategies with the aim to enhance customer experiences and operational efficiency. Recent updates from UK’s digital bank Monzo highlight their approach to product development: the implementation of a reactive fraud prevention platform and a shift from… Read More

 Tagged digital bank, monzo, uk

August 4, 2025 @ 12:43 am By Omar Faridi  |  

The United Kingdom’s fintech industry, often considered one of the most  progressive, is currently embroiled in a dispute that potentially risks undermining its reputation for being a business-friendly environment.  At the core of the issue is global Fintech Revolut, which has been waiting for over… Read More

 Tagged andrew bailey, banking license, Rachel Reeves, revolut, uk, united kingdom

August 3, 2025 @ 9:53 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to enhance banking and telecommunications with innovative updates tailored to its high-income Ultravioleta customers and broader user base. In a series of announcements, Nubank has introduced enhancements to its travel eSIM benefit, relaunched its NuCoin rewards program, and expanded its NuCel… Read More

 Tagged brazil, digital banking, latam, nubank, travel

August 3, 2025 @ 9:51 pm By Omar Faridi  |  

Klarna, the global digital bank and flexible payments provider, announced a continued improvement in repayment performance among its extensive consumer base of 100 million. A significant number of transactions were reportedly repaid “on time or early, across both higher and lower-value purchases, as consumers turn… Read More

 Tagged bnpl, delinquencies, klarna, underwriting

August 3, 2025 @ 3:09 pm By Omar Faridi  |  

Boost Payment Solutions, a global firm specializing in optimizing virtual card usage and acceptance, announced a partnership with FIS, a provider of global financial technology solutions. The collab will bring Boost’s straight-through processing (STP) technology Boost Intercept “into FIS’s Automated Finance suite— transforming accounts receivable… Read More

 Tagged boost payment solutions, fis, payments, virtual cards

August 3, 2025 @ 2:04 pm By Omar Faridi  |  

Digital assets firm Gemini, which provides a cryptocurrency exchange and serves as a custodian, has announced an expansion of its tokenized stock offerings for customers in the European Union. The latest batch of tokenized stocks, or dShares, includes names such as Advanced Micro Devices (AMD),… Read More

 Tagged digital assets, gemini, investing, stocks, tokenization, trading