Europe
Banking
EU charges Apple with antitrust behaviour over in-app payment rules
European Union (EU) regulators have reportedly accused tech giant Apple of breaching antitrust laws by not allowing developers to provide other buying options outside of apps, to iPhone and iPad users.
Apple’s rules over its in-app payment system, which is...
Cards & Payments
Worldline extends collaboration with PSA Payment Services Austria
worldlineWorldline has extended its collaboration with PSA Payment Services Austria, acting as the technical clearing and settlement partner for domestic and international interbank payments. PSA and Worldline aim to lay the groundwork for a new real-time payment platform for...
Europe
EU should use perpetual bonds to finance Covid-19 recovery fund
The European commission president, Ursula von der Leyen, has announced that Europe will need about €1tn (£873bn) to fight the Covid-19 pandemic. This money could be used to establish a European recovery fund. But where will the money come...
Cards & Payments
American Express, Amazon Business to offer co-branded cards in UK
US-based financial services firm American Express and E-commerce firm Amazon are offering co-branded credit cards for small businesses in the UK.
The co-branded cards, Amazon Business American Express Card and the Amazon Business Prime American Express Card, offer flexible benefits...
Europe
Blucora agrees to acquire HK Financial Services for $160m
Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn
S-based tax-smart financial solutions provider Blucora signed an agreement to acquire HK Financial Services (HKFS), a privately-held...
Banking
HSBC signs global partnership with UK-based fintech Bud
The partnership with Bud will see HSBC implementing the technology in its challenger brand ‘first direct’
HSBC has signed a three-year global partnership with London-based fintech Bud, under which the bank will have access to Bud’s Open Banking aggregation, data...
Europe
Marsh & McLennan buys UK insurance firm JLT in $5.6bn deal
FTSE 250 insurance firm JLT has accepted a $5.6bn (£4.3bn) takeover offer from US financial services giant Marsh & McLennan.
Shares in JLT, which employs more than 4,000 people in the UK, soared 32 per cent in early trading on...
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