The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India’s borders.

Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express.

Digital payments upstart Stripe has added support for bitcoin, enabling merchants to accept the crypto-currency through just a single line of code.

Starling’s SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.

Amidst a backlash against bitcoin’s impact on the environment, cryptocurrency outfit Gemini has vowed to offset its carbon emissions.

UK high street bank Lloyds Banking Group is set to create an IT centre in India to further its digital transformation.

Visa has launched a programme it says will turbo-charge the fintech ecosystem by making it easier for businesses to embed payments into their applications.

BNP Paribas is to become an anchor client in the EU for IBM’s Cloud for Financial Services framework, developed in collaboration with Bank of America to drive financial-grade security and compliance controls in public cloud infrastructures.

Visa has unveiled Aric Risk Hub, an AI-based fraud prevention platform designed to help protect banks, acquirers, and financial institutions against a broad spectrum of fraud and financial crime.

Ant International has unveiled Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services.

Italy’s UniCredit is to simultaneously run three 24-hour mobile and wearable finance hackthons in Milan, Vienna and Munich.

Donald Trump’s social media company has launched a financial services and fintech brand, dubbed Truth.FI, for a push into crypto and customised exchange-traded funds.

The Bank of England has come under fire for proposals to impose strict caps on the value of stablecoins that individuals and companies can hold.

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.