Standard Chartered is working with crypto exchange OKX on a collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading.

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has closed a $7.7 million seed funding round.

Wells Fargo is blending robo-advisor technology with the human touch for a new investment advisory account dubbed Intuitive Investor.

Banking regulators have put the financial industry on notice that they must begin immediately developing plans for mitigating quantum computing risks.

Bank-owned Swedish digital identity service provider BankID is launching a digital ID card.

Tandem Bank has appointed Russell Stevens as its new chief technology officer.

Bitcoin is steadily plummeting, heading towards its worst performance since 2022’s crypto winter.

Temenos has announced the launch of its Responsible Generative AI solutions as part of its AI banking platform.

Governance, risk and compliance advisor ACA Group has acquired Ethos ESG, a provider of ESG ratings data and software for financial advisors, asset managers, institutions, and investors. Financial details were not disclosed.

Goldman Sachs’ newly-created “Platform Solutions” unit, which houses the firm’s fintech, credit card and transaction banking operations, made a pre-tax loss of $1.2 billion in the first nine months of 2022.

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.