In a UK first, a man has pleaded guilty to illegally operating a network of crypto ATMs without FCA registration.

Fresh from a $17 million fundraising round, capital markets apps platform OpenFin has appointed former Goldman Sachs MD, Tim Dinsdale, as European chief technology officer.

Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.

The founder of an Australian robo-advisor has accused the country’s banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

Innovation matchmaking platform Matchi has launched a global fintech innovation challenge, inviting aspiring startups to pitch working prototypes to a pool of global banks.

Cross-border payments firm Payoneer is using Citi’s blockchain technology for real-time 24/7 intracompany money transfers.

According to behavioural finance experts Oxford Risk, ESG can stop investors from missing out on returns of between 4% and 5% per annum on cash they do not invest because they are not emotionally comfortable with the risks, or familiar with the landscape.

Coinbase has pulled out of a proposed $2 billion deal to buy payments and stablecoin infrastructure platform BVNK.

PayPal is working with Mastercard to use the latter’s new One Credential feature to offer shoppers more payment options at the checkout.

Australian financial services firm AMP has tapped Engine by Starling for a new digital bank for small business owners and everyday customers.

Core banking provider Thought Machine has banked $83 million in Series B funding, in a round led by Draper Espirt with continuing participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.

Bank of India has opened three branches dedicated to serving the country’s startup companies.

Recognise Financial Services, the latest challenger brand taking aim at the SME sector in the UK, has contracted with core bank provider nCino for delivery of its cloud-based Bank Operating System, as it gears up for launch in 2020.

Revolut has extended access to its retail account for 16-17 year olds, leaving them free from adult supervision in kids accounts as they become financially independent.