The fintech market is returning to some sense of normality in terms of valuations after a period in which it “largely lost its head”, according to a leading investor.

Standard Bank says it is talking to regulators in multiple markets about amending regulations during the Covid19 crisis to make digital trade easier.

Days after claiming that it had hacked the US Federal Reserve, the Russia-linked LockBit ransomware gang has posted stolen customer data from Evolve Bank & Trust on the dark web.

JPMorgan Chase is on the verge of closing a deal to replace Goldman Sachs as issuer for the Apple credit card, according to reports.

Yuze, a UAE-based, SME-focussed fintech, has raised $30 million from Osten Investments to expand into new markets.

This year’s annual Sustainable Finance Live conference will be held at Events@No6 in London on October 8.

Shopify is partnering with Coinbase and Stripe to allow merchants to process stablecoin payments for everyday commerce.

Smarter Faster Payments in New Orleans saw representatives from the Federal Reserve Bank, Citizens, EPCOR and Nacha come together to share their personal views on the potential of blockchain for cross-border transactions and financial inclusion – amid a need for better understanding of digital assets, as well as concerns around anonymity and regulatory uncertainty.

Square has launched a business accelerator programme designed to provide Black and Latino retail entrepreneurs with funding, mentorship and coaching.

N26 is bringing in a former Bundesbank executive board member to lead its supervisory board, with current chair Marcus Mosen becoming co-CEO following the recent exit of founder Valentin Stalf.

British SME challenger bank Allica has nearly doubled profits and hit £3 billion of lending in a record-breaking year in which it was crowned as the fastest growing startup in Europe.

Confirmation of Payee in the UK has been extended to cover almost 99% of all transactions made through Faster Payments and Chaps after more financial firms implemented the fraud-fighting protocol.

The afternoon sessions in the main stream focused on strategising for instant payments and financial crime.