Global children’s charity UNICEF is looking to greatly expand its use of cryptocurrency as it aims to respond to the demands of donors and better support companies around the world in their fight against the effects of Covid-19.
The UK’s Lending Standards Board is pursuing a harder line on authorised push payment fraud, requiring banks receiving scam payments to take further measures to stop such transfers.
As stablecoins become the favoured topic by many, arguably overtaking the attachment to AI adoption, and as we face a future of de-dollarisation, what exactly are the key things to note?
A coalition of global finance trade associations has called on the Basel Committee on Banking Supervision (BCBS) to make changes to its “excessively conservative and overly punitive” upcoming Cryptoasset Exposures Standard.
WealthOS, a cloud-native and API-driven core wealthtech startup, has topped up a £2 million seed round led by Barclays Bank with a further injection of capital from the UK lender and fintech investors.
Web3 payments infrastructure provider Transak is working with Visa to let its users convert their crypto into local fiat currencies.
Cryptocurrency player BlockFi has hit a $3 billion valuation off the back of a $350 million Series D funding round led by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global.
Brazilian fintech Matera is joining forces with Circle to turn stablecoins into a payment method integrated into banks’ core systems.
The former head of fintech at Tesla has secured $17 million in investment for his rebranded climate-friendly consumer banking and investing outfit.
Standard Chartered Bank’s SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing from the research stage to commercial use in financial services.
Wells Fargo and BNP Paribas are among the latest banks to be hit with multi-million dollar penalties by US regulators over employee use of unofficial communication tools like WhatsApp and iMessage.
Klarna has sealed a deal with eBay to roll out its flexible payment options to millions of shoppers across the US.
JPMorgan is to give AI training to all new employees, as the bank seeks to cement its reputation as an AI powerhouse.
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
North Korean cybercriminals are expected to dump $40 million in stolen bitcoin on the market over the coming days.