Prism Data, the US open banking outfit that span out from Petal earlier this year, has raised $5 million in seed funding.

Private equity group Warburg Pincus has acquired a 35% stake in Avaloq, valuing the Swiss core banking firm at CHF1 billion.

Curve has secured an additional £58 million in its series C round, taking the round’s total funding to over £133 million.

IBM continues to rack up the financial services contract wins, scoring a huge $700 million global deal with Banco Santander, as well as agreements with ICBC Argentina and the card unit of Hyundai and Kia Motors.

UK fintech Bud has developed a generative AI core and chatbot for personalised customer insights using Google’s PaLM2 large language model.

Founded in 2007 as a joint venture between AIB and Fiserv, AIB Merchant Services (AIBMS) is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers, providing businesses with the ability to accept card payments from their customers.

Barclaycard Commercial Payments is integrating its business-to-business product, Precisionpay, into SAP Ariba, a B2B marketplace.

Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people’s personal data.

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

A UK judge has sentenced two men to a combined 12 years in prison for a £1.5 million cryptocurrency fraud.

French payments processor Worldline has formed a partnership with Google Cloud to boost its digital transformation efforts.

Staying up all night in Vegas to make $20,000 used to mean a night at the roulette wheel. Not anymore. Team ‘Replay’ scooped first prize in the Money 20/20 hackathon and took home a cheque for $20,000.

Cryptocurrency wealth management platform Abra has raised $55 million in a Series C funding round led by Ignia and Blockchain Capital.