Lloyds Banking Group has stepped up its Open Banking game, enabling customers to see within it app their savings and credit card accounts from other providers.

New York’s Attorney General is suing Citibank for failing to protect customers from fraud and scams.

Ripple is further bolstering its crypto custody capabilities with the acquisition of UK digital asset wallet and custody company, Palisade.

Coinbase has acquired Distributed Systems in a bid to create a decentralised digital identity platform for crypto-wallet enthusiasts and Web merchants.

JPMorgan has agreed to acquire OpenInvest, a provider of ESG tools for the wealth management industry.

Deutsche Bank has entered into a multi-year collaboration with Oracle to overhaul its myriad databases with the aim of providing a dedicated platform to support the bank’s trading, payments processing, risk and capital planning, and regulatory reporting

Google has unveiled an open protocol designed to serve as the foundation needed to enable AI agents to transact payments on behalf of users and merchants.

To borrow a sports metaphor, for businesses, liquidity is the ‘name of the game’.

The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast “significant doubt” over its future.

Card consolidation app firm Curve has picked cloud-native core banking vendor Thought Machine to power a new credit and loan offering.

A major outage suffered by UK high street banks on the last Friday of February affected more than 1.2m customers, according to a recently released House of Commons report.

Citigroup now monitors the frequency at which private bankers call their clients to push for growth in the wealth management branch of the business, according to reporting from the Financial Times.

Following the popular session on building tomorrow’s bank at Sibos 2024, McKinsey’s Megha Kansal moderated a follow-up session on the year’s developments in Frankfurt.

Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.

UK digital wealth management startup Nutmeg has raised £30 million in a funding round led by Hong Kong-based independent financial advisory firm Convoy.