Contactless payments surge as cash continues to spiral January 26, 2022 Contactless payments surged over 40 per cent last year as entertainment and hospitality rebounded and cash usage continued its decline, new data has revealed.
Santander launches buy now pay later product to take on fintechs January 26, 2022 Santander has announced plans to roll out a new buy now pay later platform across its European markets as the bank looks to boost revenues and fight off fintech competition.
JPMorgan readies to convert $9.1bn mutual funds into ETFs January 26, 2022 JP Morgan will begin converting $9.1bn of mutual funds into exchange traded funds (ETF), after the four funds bled a combined $2bn in the year to November.
Klarna rolls out physical card for UK customers January 26, 2022 Klarna has announced the launch of a physical credit card for UK customers as it extends its buy-now pay-later (BNPL) products into ‘real world’ payments
JP Morgan snaps up stake in Greek fintech Viva Wallet January 25, 2022 JP Morgan has snapped a 49 per cent stake in Athens-based payments fintech Viva Wallet, the firm announced today.
InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
Martin Gilbert’s AssetCo agrees £98.8m all-share takeover of River & Mercantile January 25, 2022 Martin Gilbert's investment vehicle AssetCo has agreed a £98.8m takeover of listed asset management firm River & Mercantile.
Nvidia prepares to abandon Arm takeover January 25, 2022 Nvidia is preparing to walk away from its $40bn bid for British chip manufacturer Arm from Japanese investment giant Softbank, according to news reports.
Gamification and social media are putting retail investors at risk, warns EU watchdog January 25, 2022 Social media and the gamification of investment via smartphone apps may be putting inexperienced and younger investors at risk, the European Union’s securities watchdog warned today.
Short sellers see $114bn surge in gains amid U.S. sell-off January 25, 2022 Short sellers have enjoyed a boom in gains since the start of this year amid a major US stock market sell-off, according to new data.
