Payments giant Stripe and corporate spend management player Brex have unveiled products that bring stablecoins closer to the mainstream.

The Bank of England has issued a call for interest to third party technology providers and financial institutions in order to explore mechanisms for implementing synchronised settlement in the renewed Real-Time Gross Settlement service.

American investment management giant Vanguard has joined forces with the University of Toronto (UofT) to set up several labs focused on the use of AI in financial services.

Allfunds, the UK-based B2B WealthTech platform, is to list on the Euronext Amsterdam stock exchange.

Stepping up its fight against scammers, Westpac has introduced real-time Confirmation of Payee security features for consumer and small business customers.

Morgan Stanley has become the first top tier US bank to commit to measuring greenhouse gas emissions fueled by its loans and investment products.

Singaporean digital wealth management firm Syfe has closed a SG$40 million Series B funding round.

The Office of National Statistics (ONS) has reported there were approximately 3.6 million consumer and retail fraud incidents in 2024, a 19% rise for the same period in 2023.

Natwest is installing ‘reverse vending machines’ where people can recycle their old credit and debit cards.

Guernsey’s last locally-based bank ceased trading in 1996, making Bank Aston the first to be licensed by the Guernsey Financial Services Commission (GFSC) for almost thirty years.

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

More than 40% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention, but many are held back by lack of understanding, according to a study from NatWest.

Enova, an American lending company, has announced its agreement to acquire Grasshopper Bancorp, including its subsidiary Grasshopper Bank, for $369 million.

Standard Chartered has formed a joint venture partnership with Animoca Brands and HKT to issue a Hong Kong dollar-backed stablecoin.

Former UK government minister Gavin Williamson has been cleared to take up a position on the advisory board of fintech Lanistar. Separately, the startup, which has previously found itself in hot water with the FCA, has ended its Electronic Money Directive (EMD) agent relationship with Modulr.