The Interledger Foundation has broken ground on a host of new projects in countries such as Pakistan, Uganda and Jamaica as it works towards its goal of creating an open, interoperable payment network.

The UK’s largest high street bank is reportedly in talks to buy digital wallet provider Curve.

The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the regulatory agency overstepped its authority on the release of new open banking rules

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.

Open, an Indian neo-banking startup targeting SMEs, is set to launch a “programmable” bank account after raising $30 million in a Series B funding round led by Tiger Global Management.

Starling customers can now apply directly from within the challenger bank’s app for home insurance from Churchill Insurance.

Societe Generale has joined forces with Kyriba to develop a new cloud-based treasury management system.

Stripe has launched an “enhanced issuer network”: a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

ABN Amro’s Digital Impact Fund has acquired a stake in US data wrangling outfit Trifacta.

As many as a third of retail banks are looking to build a greenfield digital bank to ward off competition from upstart challengers and cherry-picking fintechs.

Monet, a financial cashflow startup targetting the creative industry sector, has secured an early-stage funding commitment of £17 million led by prominent UK banking executives ahead of closing its seed round this July.

Canadian Wealth-as-a-Service outfit OneVest has raised CAD$17M in Series A funding led by Omers Ventures

Royal Bank of Scotland is joining forces with Innovate Finance and Founders of the Future to run a 48-hour hackathon in Edinburgh focused on technology that helps bank the unbanked.

More than 100 fintech firms have applied to take part in the UK’s Open Up 2020 Challenge, which will see them compete to unlock the power of open banking and bag a share of a £1.5 million prize fund.

The European Securities and Markets Authority (Esma) has found regulatory gaps across EU member states in the licensing regime for crypto-asset related activities and in the governance and risk management processes associated with both cyber security and cloud outsourcing.