German exchange Deutsche Börse is to embed EUR and USD CoinVertible stablecoins from Societe Generale’s digital asset unit SG-Forge into its infrastructure.

Embedded credit card platform Cardless has raised $60 million in a Series C growth round led by Spark Capital.

Blockchain analysis giant Chainalysis has acquired generative AI-powered fraud detection startup Alterya.

The technology arm of trade association PIMFA has teamed up with Morningstar to launch a ‘Duty of Care Tech Challenge’ that will bring together the fintech and wealth management sectors in an effort to find ways of ensuring consumer duty rules are met.

JPMorgan Chase has stumped up $3 million in prize money to entice developers to build applications that directly address consumer debt and financial well-being.

Shares in digital asset player Bakkt tumbled by more than a third on news that the firm has lost two major customers, Bank pf America and Webull.

Financial institutions must actively manage their intraday liquidity but getting to this point continues to be a challenge, as banks are required to capture the information they need in real-time while at the same time meeting increased regulatory reporting obligations.

London-based fintech Guavapay says it has temporarily suspended its UK services under an agreement with the Financial Conduct Authority following “significant challenges” with fraudulent activity.

M1 Finance has raised $75 million in a Series D funding round for its “super app” offering automated investing, borrowing and banking products.

US RegTech Droit has secures $23 million in Series B funding with support from Pivot Partners and UBS as co-leads, and existing investor Goldman Sachs.

Belgian e-invoicing platform Doccle has conducted its first live transaction using Wero, the digital payment service from the bank-backed European Payments Initiative.

Alipay has integrated QR code payments into augmented reality glasses from Chinese outfit Rockid to enable users to pay for products instore by looking at the label.

During the week of Singapore Fintech Festival 2022, Finextra caught up with Saxo’s APAC CEO Adam Reynolds and regional head of Saxo Institutional Ivan Chang at their offices in Singapore to discuss the launch of SaxoPartnerConnect.

A day after securing a $20 billion valuation in its latest funding round, crypto exchange Kraken says it has confidentially filed to go public in the US.

The FCA is coming good on its promise to assist firms to prepare for a changing climate, rolling out a series of innovation programmes to support the transition to a net zero economy.