Swiss banks switch on open banking
Bank customers in Switzerland can now bundle their accounts from various banks into one banking or fintech app following the roll out of the bLink open banking API from SIX.
Fundbox acquihires Vaya founders
Fundbox has bolstered its embedded capital infrastructure for small businesses by acquihiring the founders of Vaya Technologies.
Ripple to acquire prime brokerage Hiddden Road for $1.25 billion
Ripple is to acquire crypo-friendly prime brokerage Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space.
India to add biometric authentication for UPI payments
Indians will be able to authenticate payments made through the country’s Unified Payments Interface via facial recognition or fingerprints, according to Reuters.
Nomura leads $6 million investment in climate tech startup Allinfra
Climate tech startup Allinfra has raised $6 million in a Series A round led by Nomura.
Revolut centralises regulatory reporting and risk with Nasdaq AxiomSL
Revolut is implementing a regulatory reporting and risk platform from Nasdaq to support its global growth ambitions.
Standard Chartered launches due diligence startup for carbon markets
SC Ventures, the fintech invesment and incubation arm of Standard Chartered, has collaborated with the startup studio of French multinational utility Engie Group, to launch Qatalyst, a due diligence platform for carbon finance markets.
EPI and EuroPA join forces in push for European payments sovereignty
The European Payments Alliance (EuroPA) and European Payments Initiative (EPI) are joining forces to explore ways to make it easy for consumers to send and receive payments seamlessly across the continent.
BTG Pactual mints dollar-backed stablecoin
BTG Pactual, the largest investment bank in Latin America, has issued its first stablecoin through Mynt, the Bank’s crypto platform.
Tel Aviv Stock Exchange taps Fireblocks for digital assets push
The Tel Aviv Stock Exchange (Tase) is making a move into digital asset products and services after inking a deal with vendor Fireblocks.
UBank puts open source accessibility kit on GitHub
Australian digital lender UBank has released an open source toolkit on Github to help iOS developers improve the accessibility of apps for people with disabilities.
Nordic countries develop offline payment backups amid geopolitical upheaval
Finland, Sweden, Norway, Denmark and Estonia are developing an offline card payment systems to avoid outages if online services are knocked out, according to Reuters.
Payments fintech Sokin raises $50m
UK B2B cross-border payments outfit Sokin is targeting international growth after securing $50 million in Series B funding led by Prysm Capital.
BNP Paribas buys majority stake in robo-advisor Gambit
BNP Paribas has made a move into the robo-advisory sector, buying a majority stake in Belgian specialist Gambit Financial Solutions. Terms of the deal were not disclosed.
Plaid releases ML risk engine, ‘Signal’
Plaid today announced that after two years in beta, its machine learning (ML) risk engine, Signal, will be available to customers seeking to upgrade their automated clearing house (ACH) transaction services with fraud detection.