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ABN AMRO Aquires BUX, Pleo And Apex Eye IPO
TGIF! 😉
Straight from Amsterdam, ABN AMRO Bank has announced its acquisition of neobroker BUX. This significant deal, expected to close in 2024, excludes BUX's cryptocurrency operations (now we probably know why they let go of their complete crypto team in April this year) and awaits regulatory approval.Â
BUX,

Google Pay Pilots New Buy Now Pay Later (BNPL) Options
Hey FinTech Fanatic!
There seems to be no day without BNPL news. Drew Olson, Senior Director at Google Pay, discussed with PYMNTS CEO Karen Webster the growing consumer demand for diverse payment options, notably Buy Now, Pay Later (BNPL). This trend is particularly strong among the over one billion daily

Banking As A Service vs Embedded Finance

Major Brazilian Fintechs Accused of Credit Scheme 'Piracy' And More Apple Pay News
Hey FinTech Fanatic!
In the latest development of the ongoing 'war' between banks and payment companies over interest-free installment payments and revolving credit card balances, the Brazilian Federation of Banks (Febraban) has intensified the dispute.
Febraban, representing major banks, filed two complaints with the Central Bank of Brazil

A Generative AI Roadmap for Financial Institutions

The Impact of Apple Pay in Korea, Airbnb's 'Pay Over Time' launch, and SumUp's Mega Round
Hey FinTech Fanatic!
Apple's recent moves have been stirring up significant discussions, especially in the U.S., where it's poised to part ways with Goldman Sachs for its financial services like the Apple Card. However, the spotlight isn't solely on the U.S. market;