Lithuanian payments infrastructure start-up Kevin has reportedly been declared insolvent by the Vilnius District Court, according to regional news outlet 15min. The court has initiated a bankruptcy case, appointing IS Group as the insolvency administrator. Lina Nemeikaitė, assistant to the…

Mastercard has announced its agreement to acquire Swedish fintech Minna Technologies, a company specializing in subscription management, for an undisclosed amount. Founded in 2016 and based in Gothenburg, Minna enables consumers to manage subscriptions directly through banking apps and websites.…

The Financial Conduct Authority (FCA) has fined UK challenger Starling Bank £28.9 million for failing to properly manage financial crime risks, particularly in its financial sanctions screening and handling of high-risk customer accounts. Despite significant growth from 43,000 customers in…

Chris Higham, head of payments and cards at Secure Trust Bank, has announced his decision to step down from his role before the end of the year. Higham, who took on the position in May 2021, shared the news via…