Mastercard is paying $300 million for a three per cent stake in the cross-border business of corporate payments outfit Corpay.

The Singapore Fintech Association (SFA) and Australian Trade and Investment Commission (Austrade) have launched a joint programme to foster fintech innovation in both APAC countries.

UK mortgage overpayment app Sprive has raised £5.5 million in a funding round led by Ascension.

Swift is working with 30 banks on a scheme to set new rules for retail cross-border payments on its network.

Scotland’s fintech cluster has seen a 24% increase in jobs since 2021, says the organisation tasked with supporting the sector.

DBS aims to hire over 100 of the brightest minds in emerging technologies such as cloud computing, AI, machine learning and big data through a 24-hour Hack2Hire programme in India.

Visa is launching a fintech accelerator programme for African startups as part of its recent $1 billion pledge to accelerate the deployment of digital payments across the continent.

Corporate treasurers view the advance of cloud computing as the most important technological development facing the industry over the next five years, followed by Big Data analytics and artificial intelligence.

Barclays has joined forces with Facebook and tech start-up Free:Formers for a year-long campaign to give people the digital skills needed to make the most of the Web.

The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have joined together to explore the technical and policy implications of settling tokenised foreign exchange (FX) transactions using synchronised settlement mechanisms.

The UK’s Financial Conduct Authority has proposed rules designed to better protect customers when payments and e-money firms go out of business.

Swedbank is sponsoring a global hackathon to find new solutions to Covid-19 challenges.

Brazil’s Nubank is working with OpenAI on a host of services and features for its 114 million customers.

Rabobank is to run trials of P2P lending, connecting high net worth customers with businesses in need of financing.

The Singapore Exchange is to port its investments in Hyperledger Fabric to Amazon Web Services as the big tech giant unveils its cloud-based Managed Blockchain network.