Lloyds Banking Group’s private equity investor LDC has backed credit risk technology provider LendingMetrics.

JPMorgan is suing customers who took advantage of a glitch in the bank’s cheque deposit service to withdraw thousands of dollars from its ATMs.

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

Starling Bank has opened a London HQ to house its Software-as-a-Service business Engine, creating space to house a growing staff roster, with 150 new roles to be recruited.

Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.

Indian fintech giant Cred is to move into the wealth management market with the acquisition of mutual fund and stock investment platform Kuvera.

Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.

European Union policymakers are debating whether to launch the digital euro on public blockchains as they accelerate work on the CBDC in response to the passage of the Genius Act in the US and fears that it could see dollar-baked stablecoins dominate cross-border payments, according to the Financial Times.

Samsung has teamed up with Splitit to let users of its mobile wallet use their existing credit to split in-store payments into instalments.

Financial services giant State Street is one of the first firms to sign on for Amazon Web Services’ new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.

Mastercard has unveiled a suite of open banking applications and services designed to help financial institutions and third party providers make the most of the PSD2 era.

Banco Santander has used bespoke, in-house developed software to digitise its core banking platform, already migrating 80% of its IT infrastructure to the cloud.

UniCredit is upgrading all its debit, credit and pre-paid cards with features designed by Mastercard for blind and partially sighted people.

US Bank has launched an alternative to buy now, pay later schemes with the roll out of a credit card that automatically splits purchases into a three-month payment plan.