In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

The UK government-backed Tech Nation has picked 20 early-stage startups to join its new fintech programme, promising to give them intensive backing to help grow their businesses and the country’s financial technology ecosystem.

Banking-as-a-Service player Synctera has raised $18.6 million in a Series A extension co-led by Lightspeed and Fin Capital.

Barclays Bank is to work with Commonwealth Bank of Australia on the development of open source tools for analysing large data sets in an effort to break free from the tyranny of vendor licensing fees.

Owners of the new Fiat 500 electric car will be rewarded for eco driving with free cryptocurrency that can be spent at a dedicated online marketplace.

Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?

Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.

Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale’s venture capital fund.

The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.

Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.

The UK Government has confirmed plans to abolish the Payment Systems Regulator, slashing red tape in a bid to boost economic growth.