Wolfgang Ehrmann, chairman of the board at Euro Banking Association (EBA) kicked off the first day of the 19th EBAday with a speech welcoming all delegates.

More than 15 million people and businesses in the UK – equivalent to nearly one in three adults – used services powered by open banking in July.

Fintech developers, designers and entrepreneurs are being invited to gather in London next month for a 54-hour hackathon that could see them win help from industry heavyweights to develop their ideas.

UAE-based payments fintech Ziina has secured $22 million in a Series A funding round led by Altos Ventures, with participation from other top-tier investors including Fintech Collective, FJ Labs, Avenir Growth, Y Combinator, and Jabbar Internet Group.

UBS, Standard Chartered, and BNP Paribas have joined Project Carbon, a bank-backed initiative to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

Australian online home loan marketplace is looking for a potential buyer, laying off staff and restructuring its sales process.

Former UK Chancellor of the Exchequer George Osborne has joined the advisory council of cryptocurrency exchange Coinbase.

HSBC has launched a trade finance API that lets partner financial institutions and their clients see the status of their bank guarantees in real time from their own platforms.

Australian payments and rewards platform pay.com.au, has finalised a $53 million capital investment to fund an expansion into the US.

Jaime Lee took to the stage at Sibos 2023 in Toronto, Canada for a private session with exhibitors to explore the potential for a successful event in Beijing, China next year.

Translucent, a London-based accounting and financial management platform for multi-entity businesses, has raised £5 million in a seed round co-led by Chalfen Ventures and LocalGlobe.

The US Department of Justice is disbanding its national cryptocurrency enforcement team.

Commonwealth Bank of Australia has opened a technology hub in Melbourne that will house more than 400 software developers, cloud engineers and cyber specialists.

IPC Systems has unveiled a vendor and customer app development partner programme for its Unigy trading communications platform.

The Emerging Payments Association of Asia (EPAA) has released a report on how quantum computing will exacerbate the payments fraud landscape, and what financial institutions need to be doing to prepare before quantum slips into the mainstream.