The UK’s financial regulators are to be given powers to test the resilience of big cloud providers like IBM, Google, Microsoft and Amazon and perform on-site inspections.

Thailand is piloting a programme that allows visitors to the country to convert cryptocurrencies into baht for local payments.

Research from Avaloq, a banking and wealth management platform, indicates that UK wealth managers see AI as the future, but do not yet trust the technology.

The European Central Bank has put together a host of participants for exploratory work on the use of distributed ledger technology to settle wholesale transactions in central bank money.

Benchmark provider MSCI has extended its partnership with Google Cloud in order to accelerate its development of generative AI services for the investment industry.

As Andrew B. Morris from The Fintech Agenda, LLC highlights at CES 2021, the dark clouds of Covid-19 had a silver lining for the fintech industry. Unicorns Stripe and Plaid supported the global shift to a contactless economy, helping businesses deliver products and services to consumers who had collectively formed new daily habits for everything. Ginger Baker and Erika Wool explain what’s next for the payments giants.

JPMorgan Chase is to replace its current retail core banking system in the US with technology from Thought Machine.

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

In a bid to help protect endangered animals, British TV channel, WildEarth, has launched its own NFTs. Crucially, 40% of the primary sale proceeds go to local custodians of the land on which the animals live.

In an exclusive interview with Finextra, Graham Wallington, co-founder, CEO, WildEarth, explained the philosophy behind this approach: nature can look after itself – it just needs a home. The real mission is to ensure local populations have an economic incentive to not poach.

British savings and investment app Moneybox has raised £35 million in a funding round led by Fidelity International Strategic Ventures ahead of a second crowdfunding campaign in early May.

Top mobile networks including BT EE, VodafoneThree and Virgin Media 02, are to introduce a raft of new measures to protect consumers from fraud, under a new Telecoms Charter agreed with the UK government.

Revolut users in France, Belgium, and Germany will be able to send and request payments using EPI’s digital wallet, Wero, from July.

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.