Italian bank UniCredit has begun market tests of a new biometric payment system that uses infra-red sensors at the POS terminal to recognise the geometry of the veins in the palm of the user’s hand.

The majority of global financial institutions are actively implementing agentic AI in order to improve their compliance operations, according to research from Fenergo.

Simple co-founder Shamir Karkal has taken the wraps off his latest project: Sila, a startup offering fintech firms a suite of APIs and developer tools supported by a dollar-pegged stablecoin.

JPMorgan’s blockchain unit Kinexys is working with Singaporean bank DBS to develop an interoperability framework for tokenized deposit transfers across various types of blockchain networks.

Lloyds Banking Group has confirmed the acquisition of London-based fintech Curve.

Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors.

Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.

Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards.

The vast majority of employees in Ireland’s financial services believe that the rise of AI will lead to job displacement across the industry, according to a recently released survey.

Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs.

African giant Standard Bank is moving its payments infrastructure to Volante’s cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

The Securities and Futures Commission (SFC) outlined a 12-point strategy today to boost Hong Kong’s virtual asset (VA) market.

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA’s former head of innovation Anna Wallace as CEO.