Freetrade, the self-directed investment platform, has agreed to be acquired by London-listed IG Group for £160 million.

Meta has added a QR code-based payments option to the WhatsApp Business App.

At NextGen: AI 2024 taking place for the first time in London, Dr Joe Lyske, co-founder and managing partner of Time Machine Capital², presented the keynote, ‘What can we do with AI?’

At the Temenos Community Forum that took place in Vienna during May earlier this year, Finextra sat down with chief strategy officer at Temenos, Kanika Hope, to discuss how Banking-as-a-Service (BaaS) trends are impacting the banking sector.

With Covid-19 leading to an uptick in digital banking, nearly two thirds of industry executives from around the world think that the branch-based model will be dead within five years, according to an Economist Intelligence Unit survey.

Aviva, a Mexican “phygital” financial platform for the underbanked and micro businesses, has raised $5.5 million in seed funding.

DriveWealth, a provider of API-based brokerage technology that enables partners to offer real-time access to the US equities market through fractional share trading, has closed a $450 million Series D funding round at a $2.85 billion valuation.

Ripple has integrated its recently-launched stablecoin into its flagship cross-border payments system.

Just five months after BBVA distributed 3,000 ChatGPT Enterprise licenses among its employees, 83 percent have incorporated it into their work routine and have created nearly 3,000 adaptations of the tool for specific tasks, ranging from financial data analysis to help to solve legal questions from clients in less than 24 hours or provide customer insights.

The Interledger Foundation has broken ground on a host of new projects in countries such as Pakistan, Uganda and Jamaica as it works towards its goal of creating an open, interoperable payment network.

The UK’s largest high street bank is reportedly in talks to buy digital wallet provider Curve.

The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the regulatory agency overstepped its authority on the release of new open banking rules

Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.