UK’s Tech Nation picks 20 fintech programme members
The UK government-backed Tech Nation has picked 20 early-stage startups to join its new fintech programme, promising to give them intensive backing to help grow their businesses and the country’s financial technology ecosystem.
BaaS platform Synctera raises $18.6m
Banking-as-a-Service player Synctera has raised $18.6 million in a Series A extension co-led by Lightspeed and Fin Capital.
Barclays and CommBank explore open source collaboration pact
Barclays Bank is to work with Commonwealth Bank of Australia on the development of open source tools for analysing large data sets in an effort to break free from the tyranny of vendor licensing fees.
Fiat offers free cryptocoins to drivers who go green
Owners of the new Fiat 500 electric car will be rewarded for eco driving with free cryptocurrency that can be spent at a dedicated online marketplace.
Money20/20: Building a net zero bank
Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?
Former FTX exec gets 7.5 years in prison
Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.
Barclays invests in United Fintech
Barclays Bank has become latest financial institution to invest in United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors.
DDI Technology expands corporate office to handle more electronic title work
AI chatbot developer Zaion raises €11 million
Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale’s venture capital fund.
Nato nations to launch Defence, Security and Resilience Bank
Following a recent commitment by Nato countries to invest 5% of their GDP to defence, global banks are backing a new bank that is being set up to support Nato countries and their allies finance their defence needs.
UK banks ditch the Metaverse
The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.
Higher used-car prices push dealers to older vehicles
Some dealers are avoiding auctions and buying older vehicles as used-vehicle prices stay elevated. Lafayette, Ind.-based Royal Automotive Group is…
Revolut takes on impersonation scams with in-app calls
Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.
UK Government confirms plans to scrap Payment Systems Regulator
The UK Government has confirmed plans to abolish the Payment Systems Regulator, slashing red tape in a bid to boost economic growth.














