PSR calls for data sharing between banks and technology platforms to combat APP fraud
A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.
ECB accelerates digital euro preparation work
The European Central Bank is accelerating work on a digital euro to keep up with the “ambitious pace” set by EU leaders as the project’s urgency increases in the face of geopolitical challenges including an increasingly hostile United States under Donald Trump.
Turkish payments platform Craftgate scoops £1 million investment
Istanbul-based payments orchestration platform Craftgate has recived a $1 million investment from Turkish e-commerce platform Hepsiburada and UK VC D4 Ventures.
French fintech Defacto raises €16 million
French embedded ending platform Defacto has raised €16 million in a Series B funding round led by Citi Venture and La Maison Partners.
Visa in digital wallet push across Europe
Visa has announced a flurry of digital wallet launches as well as a planned pilot for early 2026.
BBVA trials quantum computing to optimise investment portfolio management
BBVA and Spanish startup Multiverse have run a proof-of-concept using quantum technologies to improve the process of dynamically optimising investment portfolios with market data.
Nutmeg joins Starling Marketplace
Two of the UK’s most prominent fintechs are coming together as digital bank Starling adds robo-adviser Nutmeg to its marketplace.
Swift introduces Pay Later API for instant loan financing
Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.
Westpac signs five-year cloud deal with Amazon Web Services
Westpac has signed a five-year deal with Amazon Web Services to bolster its hybrid cloud strategy.
Ripple picks BNY for stablecoin custody
Ripple has chosen Bank of New York Mellon as primary custodian for its US dollar-pegged stablecoin reserves.
BIS to develop Big Data open source prototype
The Bank for International Settlements is working on a data-streaming prototype capable of handling 2000 data points every second.
BIS and Bank of England seek advisors for financial crime project
The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.
Israeli regulator gives AI chatbot go-ahead to provide stock-picking advice
AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.
ING bangs the drum for DevOps
ING Bank says a six-year transition to DevOps and agile development methodologies is playing a critical part in the achievement of its ‘Think Forward’ digital transformation strategy.
Banks in Singapore to phase out One-Time Passwords
Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login.