In a dramatic move, the Court of Justice of the European Union (CJEU) has ruled that ABC Projektai can regain their banking licence after it being revoked by the Bank of Lithuania.

Italian payment network Bancomat announced its EUR-BANK stablecoin during the Salone dei Pagamenti event in Milan on Thursday.

South African digital lender TymeBank has raised R1.6 billion (about $109 million) in a round joined by an Apis Partners fund and Philippines-based JG Summit.

Chinese tech conglomerate Tencent has teamed up with Visa to take its palm recognition technology for digital payments international, beginning with Singapore.

ING in Germany is to roll out a digital wealth manegement service in a pilot project with robo-advisory startup Scalable Capital.

Hauck & Aufhäuser, one of Germany’s oldest banks, recently announced a partnership with savings marketplace Raisin, integrating the platform’s products into its own ecosystem.

Tim Berners-Lee is eying the next phase of the web as his company Inrupt launches a white-label “data wallet” that lets people store, manage and share their data.

The rise of open banking could be a major boon for consumers, but it also poses major challenges in area such as regulatory oversight, cybersecurity and changing business models, according to a report from the Basel Committee on Banking Supervision.

Morgan Stanley is launching an accelerator programme to identify and scale breakthrough innovations focused on systemic change for sustainability.

The future lies in microservices in the cloud. While the financial services industry continues to discuss digital transformation, actions speak louder than words. Organisations that want to meet the needs of the next generation of consumers will use software comprising small services that communicate over well-defined application programming interfaces (APIs) deployed independently – the microservices approach.

Commerzbank, Macquarie Bank and insurance player Signal Iduna are among the first firms to use Google Cloud’s new Gemini Enterprise agentic platform.

Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.

Programmable money startup Pave Bank has moved out of stealth with a $5.2 million funding round and a digital commercal banking licence in Georgia.

Banking technology vendor nCino has struck a definitive agreement to acquire UK-based SaaS regtech platform FullCircl for $135 million in cash.

The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.