A coalition of banks, Big Tech firms, and telecomm’s groups have banded together to interact with known scammers and gather intelligence in a bid to quell a growing fraud epidemic.

The US Department of Justice is investigating Visa’s policies for charging retailer more for not using its proprietary tokenisation technology, according to Bloomberg.

Green fintech Sugi has added a feature to its app that lets users check the temperature alignment of their investment portfolios.

Capital One has acquired San Francisco design outfit Adaptive Path, in a move that demonstrates the growing importance of user experience design thinking in financial products.

The Victoria state government is seeking applications for “experienced innovation hub operators” to establish a fintech hub in Melbourne.

Blockchain settlement and payment infrastructure provider SETL is claiming a “breakthrough moment” after its Regulated Liability Network (RLN) demonstrated that it can process one million transactions per second (tps).

The Financial Conduct Authority is to launch a live AI testing service to help firm deploy safe and responsible artifical intelligence models.

Senior payments experts at the European Central Bank have billed the SEC’s approval of spot exchange-traded funds (ETF) for bitcoin as an example of the ‘naked emperors new clothes’, legitimising a currency whose fair value as an asset is effectively zero.

Accounts payable automation specialist TranscendAP has spun out from IT services firm Optima Global Solutions.

Era, an AI-powered personal wealth management startup founded by Stripe alumni, has raised $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.

Finextra spoke with Starling Bank to understand how being ‘born in the cloud’ allows them to accelerate development and scale-up at a fast pace.

According to CommerzVentures’ second report on climate fintech, venture capital (VC) funding for fintechs driving net-zero economies hit a record high in 2021.

Mastercard’s £200 million settlement of a class action lawsuit brought on behalf of British consumers has been signed off by the Competition Appeal Tribunal in a move that could see millions of shoppers receiving up to £70 each.

Barclays Bank is to extend its delivery of Microsoft Co-Pilot AI agents to 100,000 staff worldwide.

Monzo has announced plans to acquire digital mortgage broker Habito.