Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.

US semiconductor manufacturer Qualcomm is under investigation in China for allegedly breaching antitrust laws for its acquisition of Autotalks.

The California Department of Financial Protection and Innovation says it has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing “inadequate liquidity and insolvency”.

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.

Ant International’s Antom unit has launched an agentic AI payments offering that supports both card-based and alternative methods.

Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions.

Account aggregation vendor Moneyhub has secured Payment Initiation Services Provider (PISP) authorisation by the FCA, enabling users to initiate payments across accounts from a single site.

Pintarnya, an Indonesian platform that helps users find jobs and also offers access to secured loans, has raised $16.7 million in Series A funding.

The Office of the Comptroller of the Currency (OCC) has filed an enforcement action against Axiom Bank in Florida.

SoSafe’s report explores the global tension between AI adoption and the associated security risks, highlighting the views of 500 global security professionals and 100 SoSafe customers across 10 countries.

Commonwealth Bank of Australia is working on a scam busting joint venture with local telco Telstra that could save customers up to $20 million in annual authorised push payment fraud.

Swiss payment technology house Rivero has raised $7 million in Series A funding to step into new markets and boost its product development and workforce.

The industry group for Australia’s startup sector, Fintech Australia, has given its support for the government’s proposals to implement scam obligations for financial services firms.

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

The US Federal Deposit Insurance Corporation (FDIC) is looking at plans to protect customers from fintech failures, reports Bloomberg Law.