Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

Forward, a US-based startup offering payments as a product services for software companies, has raised a $16 million seed round.

Fintech infrastructure startup OatFi has raised $24 million in Series A funding to build a credit network for business-to-business payments.

Australian startup Acacia is emerging from stealth mode with the launch of it money management app that uses open banking and data analytics to give user insights into their financial and environmental arrangements.

The European Central Bank is commencing work to interlink the Eurosystem’s Target Instant Payment Settlement (Tips) with India’s Unified Payment Interface and other real-time payment rails across Asia.

Standard Charted has appointed former Monetary Authority of Singapore executive David Hardoon as global head of artificial intelligence enablement.

Financial regulators have often called out the environmental impact of cryptocurrencies and now a new study from Forex Suggest reveals 431.6 million trees would need to be planted to offset bitcoin’s pollution over the last year.

The European Commission has opened access to EU supercomputers to bolster AI development and push AI initiatives.

As Canada works towards the creation of an open banking framework, a new survey suggests that boosting awareness needs to be top of the agenda for a public largely oblivious to the concept.

Proposed legislation is set to give Ireland’s cybersecurity agency the power to monitor all of the country’s internet traffic when there is a “pressing national security threat”.

Swiss blockchain startup Taurus has released what it describes as an open-source token standard for debt and equity transactions in a move designed to boost the digital assets market.

The UK investment and wealth management landscape is set to see a new challenger in the shape of Sidekick, a fintech startup co-founded by former Pariti founder Matthew Ford, which has raised £3.33 million in pre-seed funding ahead of a launch next year.

Deutsche Bank has carried out its first euro-denominated cross-border payment via Partior’s blockchain platform.

Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.

In the wake of the collapse of fintech Synapse, a US regulator has outlined plans to strengthen recordkeeping requirements for bank deposits received from third party companies on behalf of their customers.