UBS is aiming for a swift and smooth IT integration with recently acquired Credit Suisse, bringing over only 10% of its former rival’s 3000 applications.

Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing accounts to Betterment.

10x Banking has unveiled a suite of new AI capabilities being integrated into its meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.

Australia’s Securities and Investment Commission is suing the country’s top exchange over misleading statements about the progress of its much delayed and now abandoned blockchain-based Chess replacement system.

Demand for tokenised real-world assets could reach $30.1 trillion by 2034, with trade finance assets making up a significant part of the market, predicts a paper from Standard Chartered and Synpulse.

Google Ventures has led a £5.3 million pre-seed funding round for CUR8, a market-making platform for carbon removals.

San Francisco-based money management and savings startup Digit has added an automatic investing tool to its app.

HSBC is throwing its weight behind the robo-advisory movement, announcing plans to use data and algorithms to deliver tailored advice and make personal recommendations based on an individual’s circumstances.

Royal Bank of Canada is piloting an online financial advice platform that uses live video to connect clients with staffers in real time.

“The People’s Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People’s Bank of China, during the Sibos’s opening plenary.

LexisNexis Risk Solutions says a data breach at a third-party provider has exposed the personal information of more than 364,000 people.

UBS Next, the Swiss bank’s $200 million fintech venture fund, has invested in US-based digital estate planning platform Trust & Will.

Revolut is joining the stablecoin revolution, offering 1:1 fiat conversion on US$ stablecoin trades at zero cost.

Global Payments shares rose on Wednesday after media reports that activist investor Elliott Management has built up a stake in the fintech.

A NatWest bank branch manager who stole £344,000 from cash machines over an eight year period to fuel his gambling addiction has been spared jail.