Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER

UK cloud-native core banking vendor Thought Machine is gearing up for growth by boosting its global headcount by more than 20% – 125 people – as it makes its first hires in India, Japan and South Africa.

Australian wealthtech startup PictureWealth has secured $12 million in seed funding and acquired Perth-based financial planning tool NEO Financial Solutions for an undisclosed sum.

Dutch neobank bunq this week announced their partnership with NVIDIA to combat fraudsters with the help of accelerated computing and AI.

SoFi’s self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.

Denmark’s Danske Bank has signed a multiyear agreement with Amazon Web Services (AWS) as part of a strategy to invest more in cloud technology.

The UK’s biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.

In response to news reported by Sky, TSB have provided comment to Finextra after Sabadell CEO Cesar Gonzalez-Bueno was questioned about a £29 million provision set aside for restructuring within the UK bank.

Visa has teamed up with digital asset platform Aquanow to expand its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa (Cemea) region.

IBM has rolled out an enterprise-ready build-your-own blockchain platform and announced a collaboration with Canada’s SecureKey on the commercial development of a federated identity service using the Hyperledger Frabric.

Visa has burnished its environmental credentials, pricing its first green bond offering, totaling $500 million, and appointing Douglas Sabo as its first chief sustainability officer.

Security researchers are warning about the Godfather, an Android banking Trojan that has targeted the users of more than 400 apps.

Vega, a UK wealthtech platform set up by a team of former executives from leading hedge funds, private equity firms, and fintech scale-ups, has launched with over $8 million in equity investment.