Blockchain-based international payments startup Due has raised $3.3 million in seed funding.

The Bank of England is considering shelving plans for the creation of a digital pound amid growing scepticism over the project’s benefits.

The global fintech has enetered a new chapter defined by a rise in profitability and the emergence of scaled fintech and an “intensified focus on profitable growth”.

Speaking exclusively with Finextra, Barclays has announced it will host the ‘Barclays CBDC Hackathon 2022’ later this year, to promote the emergence of new technologies in large-scale banks.

The United Arab Emirates is planning to launch a CBDC and domestic card scheme as part of a wide-ranging financial infrastructure transformation programme.

Sustainable digital transformation company Fujitsu has allied with Palantir Technologies to boost business transformation in Japan and solve societal challenges.

Global children’s charity UNICEF is looking to greatly expand its use of cryptocurrency as it aims to respond to the demands of donors and better support companies around the world in their fight against the effects of Covid-19.

The UK’s Lending Standards Board is pursuing a harder line on authorised push payment fraud, requiring banks receiving scam payments to take further measures to stop such transfers.

As stablecoins become the favoured topic by many, arguably overtaking the attachment to AI adoption, and as we face a future of de-dollarisation, what exactly are the key things to note?

A coalition of global finance trade associations has called on the Basel Committee on Banking Supervision (BCBS) to make changes to its “excessively conservative and overly punitive” upcoming Cryptoasset Exposures Standard.

WealthOS, a cloud-native and API-driven core wealthtech startup, has topped up a £2 million seed round led by Barclays Bank with a further injection of capital from the UK lender and fintech investors.

Web3 payments infrastructure provider Transak is working with Visa to let its users convert their crypto into local fiat currencies.

Cryptocurrency player BlockFi has hit a $3 billion valuation off the back of a $350 million Series D funding round led by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.

Brazilian fintech Matera is joining forces with Circle to turn stablecoins into a payment method integrated into banks’ core systems.

The former head of fintech at Tesla has secured $17 million in investment for his rebranded climate-friendly consumer banking and investing outfit.