A former bank employee and his acccomplice have been sentenced to a combined total of five years and seven months in prison after stealing £130,000 from customer accounts.

Safaricom, the operator of the M-Pesa platform, has released an Application Programming Interface (API) to entice local and international developers into creating innovative new use cases for the popular mobile payments service.

The European Commission has adopted rules for the core functionalities and certification of the European Digital Identity Wallets as 2026 deadline nears.

Irish private equity firm VentureWave has acquired a majority stake in Funderbeam, a blockchain-based startup for angel investors in growth companies founded by former Nasdaq Tallin stock exchange head Kaidi Ruusalepp.

We’re excited to go live with Finextra’s new website next week.

Wealthtech provider FNZ has acquired Dublin-based third-party administration solutions provider Irish Progressive Services International (IPSI) from Irish Life. Financial terms were not disclosed.

The governor of the Czech National Bank has floated the idea of holding billions of dollars worth of bitcoin in its reserves.

UK-based money transfer giant Wise has applied to be directly regulated by the US Office of the Comptroller of the Currency and create a national trust bank.

Equity Group Holdings, Kenya’s second-largest bank, is spinning off its tech subsidiary into a commercial entity, dubbed Finserve.

Innovate Finance is seeking input from UK financial services participants on the establishment of an industry sandbox, creating a neutral space where banks, fintech startups and the wider development community can share and extract data for off-market testing of new applications.

US movie chain Regal is to accept USDC stablecoins through Coinbase wallet as payments for tickets at all of its big screen locations.