Tether has brought in former executive director of the White House Crypto Council Bo Hines to spearhead a new US-regulated, dollar-backed stablecoin.

Welcome to Finextra’s coverage of the Swift Business Forum Nordics 2019, live from Copenhagen. This event has a focus on accelerating digital transformation, and will look at how the financial community in the region is harnessing technological change to deliver a digital customer experience.

Fujitsu has joined forces with Ingenico in an effort to bring its palm vein authentication technology for in-store payments into the mainstream.

Banco Santander recruited 4500 employees with tech skills in 2023 as it undergoes a comprehensive digital overhaul.

JPMorgan Chase is killing off its Nutmeg digital wealth management brand in the UK and replacing it with JP Morgan Personal Investing.

A report from the International Organization of Securities Commissions (IOSCO) has highlighted the challenges involved with the nascent tokenisation market including uneven efficiency gains for participants, legal uncertainty and inconsistent regulation.

Chairman of the US Federal Reserve Jerome Powell spoke before the Senate on Thursday, stating that the US was “nowhere near” CBDC development.

More than half of Brits say that fraud is their biggest worry, along with loss of funds, when it comes to making payments, according to research from Santander UK.

ABN Amro has taken a novel approach to recruiting fresh talent, creating a fictional future in a mobile gaming app and challenging prospects to use their tech skills to prevent a financial meltdown.

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US’s regulation of decentralised finance (DeFi).

NayaOne, a Sandbox-as-a-Service platform that helps to match financial institutions with fintechs, has raised $4.7 million.

Mortgage company loanDepot says that the personal data of nearly 17 million customers was stolen in a January ransomware attack.

Monzo has rolled out a new feature that allows customers to set a personal timeframe to cancel a mistaken bank transfer.

Belgium’s Centre for Exchange and Clearing has selected SurePay to provide Confirmation of Payee technology to the domestic banking industry.

Capital markets specialist AccessFintech has closed a $60 million Series C funding round led by WestCap and joined by a host of big banks, including BNY Mellon and Bank of America.