Safaricom, the operator of the M-Pesa platform, has released an Application Programming Interface (API) to entice local and international developers into creating innovative new use cases for the popular mobile payments service.
The European Commission has adopted rules for the core functionalities and certification of the European Digital Identity Wallets as 2026 deadline nears.
Irish private equity firm VentureWave has acquired a majority stake in Funderbeam, a blockchain-based startup for angel investors in growth companies founded by former Nasdaq Tallin stock exchange head Kaidi Ruusalepp.
Wealthtech provider FNZ has acquired Dublin-based third-party administration solutions provider Irish Progressive Services International (IPSI) from Irish Life. Financial terms were not disclosed.
The governor of the Czech National Bank has floated the idea of holding billions of dollars worth of bitcoin in its reserves.
UK-based money transfer giant Wise has applied to be directly regulated by the US Office of the Comptroller of the Currency and create a national trust bank.
Equity Group Holdings, Kenya’s second-largest bank, is spinning off its tech subsidiary into a commercial entity, dubbed Finserve.
Innovate Finance is seeking input from UK financial services participants on the establishment of an industry sandbox, creating a neutral space where banks, fintech startups and the wider development community can share and extract data for off-market testing of new applications.
US movie chain Regal is to accept USDC stablecoins through Coinbase wallet as payments for tickets at all of its big screen locations.
Buy now, pay later giant Klarna is to provide shoppers with carbon footprint calculation tools from Mastercard-backed Doconomy to measure the emissions generated by their purchases.
Commerzbank is joining forces with startup incubator Tenity to launch a joint innovation accelerator for sustainable finance.
NatWest Group has opened applications for the second year of its Fintech Programme, targeting startups across the UK that are using AI to help redefine the future of customer experience in financial services.
Business payments outfit Airwallex has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.
The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator’s new open banking regime.
