Ecommpay is offering its merchant clients the option to accept Apple Pay on any device or browser via QR code.

Deploying new applications on the cloud is now the default. The question is not if applications should be built in the cloud or existing workloads should be migrated, but how fast can financial institutions (FIs) remove traditional IT constraints in the age of digitalisation.

Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.

As we’re heading towards the second annual Financial Cloud Summit on March 7th, 2024 at King’s Place in London, Finextra is interviewing industry experts who will be attending and speaking at this year’s conference.

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.

UK core banking vendor Thought Machine has launched a cloud-native cards and payments processing platform.

Citi has named former JP Morgan executive Pankaj Goel as the co-lead of its technology investment banking team.

Starling Bank is putting Generative AI into the hands of its customers with the roll out of a new ‘Spending Intelligence’ Large Language Model that customers can interrogate to get insights into their spending habits.

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

Moov Financial, the US startup behind an open source embedded banking platform, has raised $5.5 million in a seed funding round led by Bain Capital Ventures.

A coalition of US financial trade associations are calling on the Securities and Exchange Commission to rescind its cyber incident disclosure rule, claiming that it endangers victims.

A customer of Santander Bank had £60,000 scammed from her account after transferrring funds to a criminal impersonating the bank’s head of fraud, Chris Ainsley.

Standard Chartered has launched a digital asset custody service in the UAE.

UK startup thankyü has unveiled an app that lets customers tip hospitality staffers with a tap of their phone against a wearable tipping band.

Bank of America has built on its partnership with iCapital Network by making a strategic investment in the alternative investment platform.