Tag: Banking
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
Nearly half of banks could soon be digital – new survey...
Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.
UK to take less bureaucratic approach to regulations post Brexit
The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.
The European Central Bank is reducing the burden of reporting for...
The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.
Three challenges facing European challenger banks when they go to the...
From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.
MANTL bags $8m in round led by Point72 Ventures
MANTL, an account opening software solution for banks and credit unions, has bagged $8m in its Series A round led by Point72 Ventures.
Varo Money edges closer to national banking charter
Mobile banking company Varo Money has received approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance, as it moves closer to a national banking charter.
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
Old people may be reluctant to use TSB and Jumio’s new...
TSB Bank has joined forces with Jumio, the identity-verification startup, to enable customers to access their bank accounts with a selfie. However, old people may not be keen to use it.
No tested bank API is suitable for PSD2 requirements – Tink...
None of the tested bank APIs released by the 14 June deadline have met quality requirements of PSD2, according to new analysis by Tink.