Bank interest in stablecoins continues to gather momentum, with Santander now reportedly looking into launching its own offering.

Hackers have breached the Central Bank of Uganda’s firewalls and stolen $17 million from Treasury accounts.

In a fireside chat titled ‘Fintech and the Climate Crisis: Driving Innovation for a Sustainable Future’ on day one of IFGS 2023, panelists Anisha Mohil, impact and sustainability manager at ecolytiq and Ian Sutherland, CFO of Tide, discussed the transition to a low-carbon economy.

The man behind a hack on Bitfinex that saw nearly 120,000 stolen from the cryptocurrency exchange has been sentenced to five years in prison.

Digital investment advisor Betterment is teaming up with Gemini to offer crypto investing portfolios to its 730,000 customers.

Bank of America has rolled out an AI assistant to help staff deal with complex queries from institutional users of its Global Payments Solutions product.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services.

Rainforest, an embedded payment provider purpose-built for software platforms, has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures.

Atom Bank and Newcastle University have set aside three years to conduct research on trust in financial services and how companies can design better digital banking services.

Last year, the newest progress report on the G20 roadmap for enhancing cross-border payments was released by the Financial Stability Board. Discussing the challenges and optimism since, a panel of payment experts at EBAday provided their insights into the obstacles of interoperability and cohesion.

Spain’s Banco Sabadell is hosting its first hackathon, providing competing teams of developers with open access to its bank service API to generate fresh ideas and innovative financial applications.

Mozilla is to introduce an experimental Web API designed to make online payments on the desktop and mobile as easy as the checkout button for merchants.

Spain’s CaixaBank has laid out a two-year, €5 billion technology roadmap that will seek to put generative AI at the centre of the bank’s operations.

BBVA and Google are calling on developers to enter a competition to develop business productivity applications for SMEs and entrepreneurs in Spain and Latin America.

Genesis, the London-based supplier of a low code platform for capital markets development, has raised $200 million in a Series C funding round led by Tiger Global Management.