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Euronet Worldwide, an electronics payments provider, has acquired Bank of Ireland’s entire fleet of non-branch ATMs in the Republic of Ireland. The deal is expected to be closed
ICICI Bank has launched ‘Infinite India’, an online platform that lets foreign companies to establish or expand operations in India. The Infinite India platform offers banking solutions to
PayPal’s international digital money transfer service Xoom has integrated with Unified Payments Interface (UPI) in India to enable real-time money remittances to India. The service is expected to
Katapult, an e-commerce focused fintech firm has agreed to merge with FinServ Acquisition, a special purpose acquisition company. With the merger, the company plans to go public and
Paris-based fintech Lydia has secured $86m in series B extension round led by Accel, with participation from all its major existing shareholders. The funding takes the company’s total
The UK’s financial watchdog the Financial Conduct Authority (FCA) has penalised Barclays Bank £26m for poorly treating its consumer credit customers who were experiencing difficulties due to financial
Societe Generale has acquired Reezocar, a Paris-based online platform to sell used cars to individuals, for an undisclosed amount. The acquisition is expected to strengthen Reezocar’s offering in
The UK Supreme Court has announced a ruling to allow a £14bn class action lawsuit to be brought against Mastercard for overcharging interchange fees. The lawsuit was brought
Singapore-based DBS Bank has announced that it will launch DBS Digital Exchange, a members-only digital exchange which will use blockchain technology. Through the digital exchange, institutional and wealthy
Peak Fintech Group, a financial technology services provider to the Chinese commercial lending sector, has agreed to acquire Zhongke Software Intelligence (Zhongke), a banking artificial intelligence (AI) software