Goldman Sachs is retreating from its push into retail banking, folding digital unit Marcus into its asset and wealth management division as part of a wider reorganisation.

European digital currency platform Bitpanda is now available in the UK, making over 600 cryptoassets available to investors.

The People’s Bank of China (PBoC) has announced a re-lending scheme designed to boost the country’s science and tech sector.

BBVA has today announced that it will be the first bank in Europe to deploy Google Cloud’s security analytics platform Chronicle and will use AI and machine learning to predict and prevent cyberattacks.

Social investing platform eToro’s US business has agreed to pay $1.5 million and stop trading activity in nearly all crypto assets to settle Securities and Exchange Commission charges.

Goldman Sachs has begun internal testing of a digital wealth management service for the masses, as it continues its push into the mainstream consumer market.

Tide, the UK-based business banking fintech, is reportedly in talks about a funding deal that would make it the UK’s next unicorn.

Wolfgang Ehrmann, chairman of the board at Euro Banking Association (EBA) kicked off the first day of the 19th EBAday with a speech welcoming all delegates.

More than 15 million people and businesses in the UK – equivalent to nearly one in three adults – used services powered by open banking in July.

Fintech developers, designers and entrepreneurs are being invited to gather in London next month for a 54-hour hackathon that could see them win help from industry heavyweights to develop their ideas.

UAE-based payments fintech Ziina has secured $22 million in a Series A funding round led by Altos Ventures, with participation from other top-tier investors including Fintech Collective, FJ Labs, Avenir Growth, Y Combinator, and Jabbar Internet Group.

UBS, Standard Chartered, and BNP Paribas have joined Project Carbon, a bank-backed initiative to create a blockchain-based marketplace where firms can buy and sell carbon offsets.