Tag
fintech
Stories tagged fintech.
Revolut Confirms Customer Data Breach Tied to Spoofed Government Requests
British fintech Revolut has confirmed that sensitive customer information was handed to an unauthorized third party after fraudulent requests arrived from a legitimate government agency email domain.
Klarna cuts full-year revenue and volume outlook on German retail weakness
Swedish BNPL provider Klarna trimmed its full-year volume and revenue forecast on Tuesday, citing tough conditions in Germany. Shares plunged 17% in premarket trading.
PayPal Reportedly in Renewed Sale Talks with Stripe and Advent
PayPal is reportedly in renewed sale negotiations with Stripe and private equity firm Advent, potentially reaching a deal in the coming weeks as CEO Enrique Lores pushes a turnaround plan.