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FinTech Futures: Top five news stories of the week – 21 June 2024

Jun 23, 2024

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This week in finance and tech news, a legal spat between JP Morgan, WeRealize, and Viva Wallet reached a settlement with future growth measures in place. Laybuy, a New Zealand BNPL company, faces receivership after failing to find a buyer. Apple discontinues its BNPL service in the US, hinting at global partnerships for an upcoming instalment loan product. Société Générale sells freelancer-friendly neobank Shine to Denmark's Ageras, likely boosting Ageras' clientele. Lastly, Sainsbury’s divests its core banking business to NatWest Group, a move impacting customer accounts and assets worth billions. Read more about these unfolding stories. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures

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