A Federal Reserve-backed working group has recommended that the US payments industry set up an independent information exchange framework to provide a single source for scam intelligence across payment rails.

62.1% of UK consumers see mobile app fraud as a top concern, with 50% also citing hacking as a fear, according to findings from the Open Worldwide Application Security Project (OWASP) and Appdome.

Santander is merging its Openbank digital brand with its consumer finance business across Europe in a move designed to simplify operations.

Following her virtual session, ‘Democratising data-driven decisions with self-service tools’ at the Apidays conference, Yojas Samarth, senior data engineer, tech speaker and tech trainer at DBS Bank, speaks to Finextra Research regarding the nuance of training teams to effectively utilise data platforms.

Sidekick has launched a new UK digital wealth platform built to serve six-figure earners who’ve outgrown basic financial products but don’t have the millions needed to access private banks.

Mexican neobank albo has closed on a $40 million growth funding round as it eyes profitability in 2024.

Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of the year, according to new data from UK Finance.

As customers increasingly experience more consistent, personalised treatment from companies across a wide variety of industries, it is natural for them to expect—and require—the same of financial services providers.

Circle, the issuer of the world’s second-largest stablecoin, USDC, has officially filed for an IPO.

WealthKernel, a provider of digital investment services and infrastructure, has raised $7 million in a Series A+ funding round by XTX Ventures.

French crypto-banking startup Deblock has secured €30 million in a Series A funding round led by Speedinvest and joined by CommerzVentures and Latitude.

Startup accelerator Techstars is cutting its workforce by 17% and killing off its $80 million JP Morgan-backed Advancing Cities programme.

Singapore-based fiat-crypto payments firm Alchemy Pay has unveiled a Web3 digital banking platform for enterprises.

GoDutch, a business and finance automation platform designed for SMEs, has raised €3.6 million after rapidly scaling to 12,500 active business users and more than €1.5 billion in annual payment volume.

BBVA has nearly quadrupled the number of its ChatGPT Enterprise licences after concluding that the technology saves employees nearly three hours a week.