The Payment Systems Regulator is pushing ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European shoppers make online purchases.

BBVA is promising to put design and user experience (UX) at the centre of its digital strategy by training up 1000 staff ‘ambassadors’ to spread good practice throughout the Spanish bank’s operations.

A new innovation hub will be opened in Dublin to support global financial institutions push forward with meeting environmental, social and governance (ESG) regulatory and reporting requirements.

BNP Paribas has announced that it will adopt Oracle Exadata Cloud@Customer solution into its cloud strategy to strengthen security and customer personalisation in their systems.

European paytech, Nexi, has selected IBM to upgrade its core infrastructure to IBM z16.

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with hybrid cloud solutions.

Coinstar provides self-service solutions for converting physical currency, and the launch of the CINQ by Coinstar Debit Card will support the fintech company’s digital transformation.

A group of nine banks has pumped $45 million into Carbonplace, the global DLT-based carbon credit transaction network they founded that is now becoming an independent entity ahead of its planned launch later this year.

Spain’s CaixaBank has launched a service that helps its business clients verify their carbon footprint.

Santander’s digital offering Openbank has begun letting its German customers buy, sell and hold cryptocurrency.

South Korea’s LG CNS is trialling a pay-by-face system at its staff cafeteria that uses AI, blockchain and cloud technology to let people pay with a special “community currency”.

The Financial Conduct Authority (FCA) has published a discussion paper to encourage debate and diverse perspectives on sustainable governance in the future.

Djamo, a neobanking startup serving the underbanked market in Francophone West Africa, has raised $17 million.

Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.