Banco Santander has launched its buy now, pay later product, Zinia, in Spain, with an initial focus on installment payments on Amazon.

Financial services firms have been hit with $12bn in losses over the last two decades as a result of cyber attacks, according to a recently published report from the International Monetary Fund (IMF).

The Texas Blockchain Council (TBC), a non-profit industry association, has initiated legal action against the Energy Information Administration (EIA) over cryptocurrency mining data collection.

Equifax says a “coding issue” is to blame for it providing inaccurate credit scores for millions of Americans.

JPMorgan Chase and technology company Infleqtion have released a new open source quantum software library designed to improve the efficiency of potential applications and use cases.

KBC’s banking subsidiary in Hungary, K&H Group, is inviting fintechs, startups and developers to play in its PSD2 sandbox with the aim of testing fresh ideas for digital banking innovation.

UK clearing and embedded banking platform ClearBank is eying international expansion after raising £175 million in a financing round led by funds advised by Apax Digital.

The UK government has promised a crackdown on “text-scam misery”, rolling out a raft of new measures to fight back against fraud.

Singapore’s OCBC has established a US$1 billion digital US commercial paper programme using blockchain technology.

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.

Tokenised money is on the horizon in numerous countries. This week, the Bank of England’s Sarah Breeden announced that a discussion paper will be released in summer 2024 to draw on input from the private sector to complement the work being conducted on stablecoin regulation and retail central bank digital currency (CBDC).

NatWest has launched a hub to help UK homeowners make energy efficient changes in their properties.

Buy now, pay later giant Klarna has scored an Electronic Money Institution licence from the UK’s Financial Conduct Authority, paving the way for a full-frontal assault on the retail banking market.

A report from Capgemini has found significant levels of disappointment with cloud services among financial services firms, with less than 40% of executives saying they are highly satisfied with the outcome.

Cleafy, an Italian provider of fraud prevention technology for digital banking, has raised €10 million in funding led by United Ventures through the fund UV T-Growth.