Brite Payments expands into three new European markets

The instant bank payments fintech has moved into “some of Europe’s most dynamic and fast-growing markets”.

Ingenico names new CEO to lead ‘next stage of transformation’ in payments

Newly-appointed chief executive officer Laurent Blanchard has previously worked at Cegid, IBM and Cisco.

Silicon Valley Bank: ‘Rapid demise’ accelerated by having single client type

Tech companies should “reduce over-reliance” on one type of provider following the collapse of Silicon Valley Bank and add to their “financial stack”, according to Payhawk chief executive Hristo Borisov.

CRIF partners with iwoca ‘to make instant finance a reality’ for SMEs

According to iwoca, 82% of SME finance brokers said major banks have reduced their appetite to fund SMEs.

Yapily readies for European expansion with VP of sales Europe hire

Lisa Gutu joins the Open Banking platform, having worked at Trovata and Salt Edge.

Lloyds Banking Group backs digital ID fintech Yoti

The banking group has invested £10 million in Yoti to help broaden its range of digital identity solutions.

Value of CBDC payments to hit $213bn annually by 2030

A new study by Juniper Research found that governments’ efforts to improve financial inclusion will be behind the growth.

HSBC rescues UK arm of Silicon Valley Bank in £1 acquisition

The rescue deal, which was facilitated by the UK Government and Bank of England, safeguards SVB UK’s customers’ deposits.

Mercedes-Benz uses Visa’s technology to power in-car payments

Mercedes pay+, which has initially launched in Germany, turns the car “into a payment device”.

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