Commerzbank is rebranding its innovation unit and early-stage investor as part of a sharper focus on sustainability and green tech firms.

Synapse, a San Francisco-based startup aiming to become the ‘AWS of banking’, has raised $33 million in a Series B funding round led by Andreesson Horowitz fund a16z.

Norbr, an Amsterdam-based Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from existing backer, Portfolion.

Nationwide Building Society has enlisted Microsoft and Accenture for an AI-powered overhaul of its cybersecurity operations.

AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion in a deal that brings Andreessen Horowitz in as a shareholder.

Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.

Thoughtworks, a global technology consultancy, has entered into a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help enterprises implement generative AI (GenAI) solutions and tackle industry challenges in Asia Pacific.

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

With a blockchain-based settlement system already in the pipeline, the Australian Securities Exchange (ASX) is now looking to expand its use of distributed ledger technology though a partnership with cloud computing giant VMware.

The UK’s Payment Systems Regulator plans to set a £415,000 maximum reimbursement level for victims of authorised push payments (APP) fraud.

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised $136 million in a significant vote of confidence from backers.

The technical build for Canada’s Real-Time Rail (RTR) payments system is almost complete, with testing set to be carried out in autumn ahead of launch.

Google has invested $1 billion in global derivatives exchange CME Group and struck a separate ten-year deal to move the market to the Cloud.

UK bank TSB has teamed up with fintech startup Cogo to help customers monitor and reduce their carbon footprints.

Lesaka Technologies, the South African fintech firm formerly known as , is set to buy South African digital-only institution Bank Zero Mutual Bank in a deal worth R1.1bn (US$62m).