Waave, an Australian open banking startup for account-to-account payments, has closed a $4.7 million seed round backed by Menulog managing director Morten Belling and e-commerce investor Paul Greenberg

National Australia Bank is rolling out a series of card-linked enhancements to its mobile banking app, including a ‘world-first’ feature which enables consumers to use the app to pay for purchases while waiting for the arrival of new Visa credit cards.

Historically, it could be argued that financial institutions were beholden to pick between AWS, Google Cloud and Microsoft Azure for all workloads due to availability, but with other smaller cloud providers offering private cloud fabrics, financial organisations are considering hybrid or multicloud options. However, Ofcom has an alternative view.

The research is funded by the University of California, Berkeley’s Centre for Responsible Decentralized Intelligence, and will involve collaboration between Warwick’s own Dr Ganesh Viswanath-Natraj, Ripple Research, and the University Blockchain Research Initiative (UBRI), the $50 million research division of Ripple.

Reapit, the UK’s largest estate agency platform, has joined the IPN Consortium, a gaggle of industry players developing a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

West Brom Building Society has called in Deloitte and core banking provider 10x for a digital overhaul.

Madrid-based treasury management startup Embat has acquired Necto, a US bank API connectivity specialist. Financial terms were not disclosed.

Fiserv has signed a definitive agreement to buy StoneCastle Cash Management. Financial terms were not disclosed.

Late Thursday afternoon Akamai reported a problem with its Edge DNS service, resulting in outages at thousands of websites.

Online payments firm Checkout.com has acquired Estonian software development firm Icefire, adding 110 engineers to its team. Financial terms were not disclosed.

AbbeyCross, a wholesale FX platform focused on improving the payment market infrastructure for emerging market currencies, has raised US$6.5 million in a seed funding round.

UK-based fintech Wise has continued its push into the Indian market with the planned launch of what it claims is the Asian nation’s first ‘travel’ card.

Scams impersonating businesses and government officials cost Americans $2.95 billion last year, according to the Federal Trade Commission.

Crooks stole $2.2 billion in cryptocurrency in 2024, with hackers associated with North Korea accounting for $1.3 billion, according to a study from Chainalysis.

The digital asset unit of French lender Societe Generale has listed its newly-minted Euro-based stablecoin on crypto exchange BitStamp.