Ripple is set to get a kick-start, with the outfit behind it opening up a developer portal and CrossCoin Ventures launching an accelerator to help startups working with the cypto-currency protocol.
UK lender Metro Bank is axing around 300 jobs and calling in Infosys for an IT overhaul as it bids to find £80 million a year in savings.
Powering a new generation of net-zero transport with clean energy – in China, Japan, and South Korea – will cost US$12.4 trillion, a ING bank report has just revealed. This equates to over 90% of China’s 2020 GDP.
A new report published by Finextra and authored by API performance monitoring specialists, APImetrics, has identified three major British banks failing to deliver adequate service levels to consumers of the UK’s CMA9 Open Banking APIs.
The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.
Sustainable Finance Live 2024 kicks off on 8th October at Events@No6 in London.
Block-owned Cash App is piloting a feature that allows users to see in real-time how the way they interact with the app influences their financial health.
Singapore Exchange (SGX) has paid US$25 million for a 20% stake in BidFX, a specialised trading platform for global FX markets.
Cryptocurrency company Celsius Network has begun a $3 billion payout in an approved plan to exit bankruptcy.
Cloud-based investment data management platform Finbourne has raised £55 million in Series B funding.
Sling Money, which combines stablecoin technology with fiat payment rails for instant money transfers, has raised $15 million in Series A funding.
US Bank says it is making a “substantial” investment in modernising its technology foundation by choosing Microsoft Azure as its primary cloud provider for its applications.
Mastercard has launched an AI-based design tool to help issuers create payment cards with the click of a button.
Thursday marked The Consumer Financial Protection Bureau’s (CFPB) dismissal of their lawsuit initiated on 14 January 2025, suing Capital One, and its parent holding company, Capital One Financial Corp for cheating millions of consumers out of more than $2 billion in savings account interest.
Atom bank announces today at Sibos in London that the mobile-only bank will be shifting from third-party data centres to Google Cloud in order to keep pace with digitally savvy customers and offer new services.