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Apple Pay Turns 10: A Decade of Innovation

Apple Pay Turns 10: A Decade of Innovation

Hey FinTech Fanatic! Jennifer Bailey, Apple’s VP of Apple Pay, reflects on a decade of changing how the world pays. From the early vision of using your iPhone for everything—from groceries to train tickets—Apple Pay has transformed into a global payment leader, now active in 78 markets

Visa Revamps B2B2X: Unifying Money Movement Brands Under Visa Direct

Visa Revamps B2B2X: Unifying Money Movement Brands Under Visa Direct

Hey FinTech Fanatic! Visa is uniting its entire Money Movement suite under the 𝗩𝗶𝘀𝗮 𝗗𝗶𝗿𝗲𝗰𝘁 brand, consolidating all solutions into one comprehensive portfolio for the first time. Visa has quickly become a key player in B2B2X cross-border payments through its Visa Direct brand, enabling domestic and international payments for banks, money transfer

Klarna Offloads £30bn in Loans to Hedge Fund Elliott

Klarna Offloads £30bn in Loans to Hedge Fund Elliott

Hey FinTech Fanatic! Klarna is offloading a substantial part of its UK "buy now, pay later" portfolio to U.S. hedge fund Elliott. While the deal's terms remain undisclosed, this strategic shift could free up as much as £30 billion for new loans. This comes at

Solaris Plans to Reduce Its Workforce by One-Third

Solaris Plans to Reduce Its Workforce by One-Third

Hey FinTech Fanatic! Earlier this month, Solaris announced a sweeping transformation programme that will phase out its EMI and embedded finance operations under Solaris SE. This marks a significant shift, particularly for its EMI unit, which includes Contis—the UK-based payments firm Solaris acquired and rebranded back in 2012. According

Stripe, Wise Founders Push for a European Tech Renaissance

Stripe, Wise Founders Push for a European Tech Renaissance

Hey FinTech Fanatic! On Monday, some of the biggest names behind Europe’s tech unicorns rallied together, signing an open letter for a “tech renaissance” across the bloc. The proposal is for a single pan-European entity named EU Inc to streamline growth, cut through the tangled web of regulations, and

TD Bank Slapped with $3 Billion Fine for Failing to Prevent Cartel Money Laundering

TD Bank Slapped with $3 Billion Fine for Failing to Prevent Cartel Money Laundering

Hey FinTech Fanatic! TD Bank is in hot water, slapped with a record $3 billion fine for failing to monitor drug cartel money laundering activities. The settlement includes a $1.3 billion penalty to the US Treasury’s FinCEN and a $1.8 billion payout to the Department of Justice

Monzo Employees Set to Cash in as Valuation Hits to £4.5 Billion

Monzo Employees Set to Cash in as Valuation Hits to £4.5 Billion

Hey FinTech Fanatic! Monzo’s valuation is on the rise, now hitting £4.5 billion, and it’s giving hundreds of its employees a chance to profit from the boom. The digital banking powerhouse announced a secondary share sale backed by some of the world's top tech investors.