UK regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines for the central bank’s integration of open banking.
The Reading-headquartered open banking firm has been engaged to “identify, recommend and facilitate the development of the API standards”, according to a statement.
This is to also include...
U.S. and European stock futures and the dollar surged on Wednesday, while bitcoin jumped to a record high as Republican Donald Trump claimed victory in the U.S. presidential election.
Fox News projected that Trump has won the U.S. presidency, defeating Democrat Kamala Harris and capping a stunning political comeback four...
Shares of Tesla surged in early trading as investors bet a potential Donald Trump election victory would benefit major backer and CEO of the carmaker, Elon Musk.
Tesla shares jumped 12% in premarket trading. The former president had gained a substantial lead over Vice President Kamala Harris in Electoral College...
Many merchants are hesitant to take the plunge on new payment methods because they are concerned about the time or resource investment, as well as the ever-present threat of fraud.
However, in many cases, the benefits of adopting emerging payments dramatically outweigh the drawbacks. For instance, many younger consumers might not qualify...
LONDON — Buy now, pay later firm Affirm launched Monday its installment loans in the U.K., in the company’s first expansion overseas.
Founded in 2012, Affirm is an American fintech firm that offers flexible pay-over-time payment options. The company says it underwrites every individual transaction before making a lending decision, and doesn’t charge...
Bank of America “has been, and plans to continue, implementing enhancements” to its AML/BSA and sanctions compliance programs, as it cooperates with regulators, the lender said in Tuesday’s filing.
The bank’s discussions with regulators continue, “and resolution of these discussions may include one or more public orders by the regulators,”...
