Private sector bank Axis becomes the first Indian financial institution to offer near-real-time, 24/7 programmable USD clearing for its commercial clients with JP Morgan’s digital assets unit Kinexys.
The European Central Bank is recruiting for market infrastructure specialists to join a team of approximately 100 staffers working exclusively on the digital euro project.
The Serious Fraud Office has frozen equivalent to £10,865.76 in Bitcoin and £289.30 USDC belonging to Richard Yeowart, a suspect in its ongoing investigation into collapsed outside broadcast company Arena TV.
HSBC has opened an API developer portal for firms to try out and integrate the bank’s suite of application programming interfaces.
Barclays Bank is opening its sandbox banking APIs and mobile apps to coders and startups to explore the use of gamification techniques to improve its online and mobile services.
Lloyds Banking Group has stepped up its Open Banking game, enabling customers to see within it app their savings and credit card accounts from other providers.
New York’s Attorney General is suing Citibank for failing to protect customers from fraud and scams.
Ripple is further bolstering its crypto custody capabilities with the acquisition of UK digital asset wallet and custody company, Palisade.
Coinbase has acquired Distributed Systems in a bid to create a decentralised digital identity platform for crypto-wallet enthusiasts and Web merchants.
WeeFin, a fintech that helps financial institutions manage their sustainability strategies, has completed a €25m financing round Series B, led by Blackfin Capital Partners.
JPMorgan has agreed to acquire OpenInvest, a provider of ESG tools for the wealth management industry.
Deutsche Bank has entered into a multi-year collaboration with Oracle to overhaul its myriad databases with the aim of providing a dedicated platform to support the bank’s trading, payments processing, risk and capital planning, and regulatory reporting
Google has unveiled an open protocol designed to serve as the foundation needed to enable AI agents to transact payments on behalf of users and merchants.
To borrow a sports metaphor, for businesses, liquidity is the ‘name of the game’.
The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast “significant doubt” over its future.