Tag: US

BNPL giant Klarna makes it big in the US

After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.

Could there be a foreign cyber threat impacting the 2024 US...

State election and cybersecurity experts have warned that Russia and other foreign adversaries could pose a significant threat ahead of the 2024 elections.

FSB outlines new steps to assess risks of DeFi

The US’ Financial Stability Board (FSB) has outlined new measures it will carry out to explore the risks of DeFi.

Digital banking platform Oxygen secures $20m

Digital banking platform Oxygen has secured $20m in its Series B funding round, which was led by return investors.

Senior US officials call on Congress to step up crypto regulation...

Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.

Stripe sees valuation cut by 11%

Stripe, the US-based PayTech giant, has reportedly seen its valuation cut by 11% and now sits at $63bn.

Federal bank regulatory agencies issue statement on crypto

Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.

Nationwide closes home repair service Anew

Nationwide, a British mutual financial institution, has reportedly closed its virtual home repair system Anew.

London becomes the top global hub for FinTech investment

London has climbed ahead of San Francisco and New York to become the world’s biggest center for FinTech investment, according to a report by Dealroom.

What financial institutions need to know about GTOs

Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?

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