AI-powered SMB credit advisor startup Charm Solutions has raised $3.5 million in a seed round led by BootstrapLabs.

New APP fraud reimbursement rules implemented by the Payment Systems Regulator could lead to around a quarter of victims being denied refunds warns UK bank TSB.

13th January 2019 marked one year since the UK embarked on its Open Banking experiment. Despite the inevitable teething problems, the initial signs are encouraging, as banks up their game in the face of strong competition from innovative third party products and services.

Financial technology entrepreneurs are being invited to pitch to take part in a London-based programme that will see them get assistance and advice from, and exposure to, executives at major banks and venture capital companies.

The card scheme-owned EMVCo technical body has begun looking into how global specifications can support the coming surge in AI agentic payments.

Hot on the heels of its arrival in the US, Santander’s Openbank digital offering has landed in Mexico.

Financial crime consultancy Plenitude has acquired Contineo Financial Risk Solutions, a provider of technical advisory services for regulatory compliance operations.

UK credit risk consultancy 4most has won Government backing to develop a green credit score that will offer cheaper financing to encironmentally conscious SMEs.

Fintech giant Fiserv is making a crypto play, unveiling plans for a digital asset platform, including a stablecoin for financial institutions.

Finextra sat down with Kalliopi Chioti, chief marketing at ESG officer at Temenos, and Schuyler Weiss, CEO of Alpian at the Temenos Community Forum during May, where the experts discussed paths to sustainable growth for banks and emerging ESG solutions.

S&P Global has struck a deal to buy private market data provider With Intelligence for $1.8 billion.

Mastercard is working with sustainable payments specialist Helpful and the Scottish Grocers’ Federation to trial a scheme that will pay 20p to Scots via digital wallets when they return single-use plastic bottles.

For financial institutions (FIs) leveraging the cloud, the earliest adoption was often the high-performance computing grid to support complex modelling. Gone were the days when limited capacity of on-premises grids meant that quants or actuaries had to wait for the compute resources they needed to run their models: across workloads, the cloud allows FIs to immediately scale up compute resources at peak times and scale down when demand dipped, paying only for what they use.

Mastercard and digital commerce company, Network International, have collaborated to release an Artificial Intelligence (AI) solution fighting transaction fraud across the Middle East and Africa.

Ripple is buying Toronto-based stablecoin payments platform Rail for $200 million.