The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

In a bid to help protect endangered animals, British TV channel, WildEarth, has launched its own NFTs. Crucially, 40% of the primary sale proceeds go to local custodians of the land on which the animals live.

In an exclusive interview with Finextra, Graham Wallington, co-founder, CEO, WildEarth, explained the philosophy behind this approach: nature can look after itself – it just needs a home. The real mission is to ensure local populations have an economic incentive to not poach.

British savings and investment app Moneybox has raised £35 million in a funding round led by Fidelity International Strategic Ventures ahead of a second crowdfunding campaign in early May.

Top mobile networks including BT EE, VodafoneThree and Virgin Media 02, are to introduce a raft of new measures to protect consumers from fraud, under a new Telecoms Charter agreed with the UK government.

Revolut users in France, Belgium, and Germany will be able to send and request payments using EPI’s digital wallet, Wero, from July.

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.

European police have dismantled a large-scale cryptocurrency fraud and money laundering network that laundered over EUR700 million, according to Europol.

The first half of 2024 has seen a dramatic decline in spending within Ireland’s fintech industry, reflecting cautious investor sentiment.

Currency exchange machines featuring facial recognition technology have been installed in a variety of airports and travel hubs across Europe in a bid to clamp down on money laundering.

The Bank of Spain has recently released a report outlining the potential of satellite data to make a difference in collecting climate-related data.

New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.

Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of FTX, the bankrupt cryptocurrency exchange he founded.

Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK outfit Contis.

Visa has become the latest firm to introduce a protocol designed to act as a foundational framework needed to enable AI agents to transact payments on behalf of users and merchants.