Value exchange network Unbox has closed a €12 million Series A round with support from HSBC Asset Management and Belgian sovereign wealth fund subsidiary SFPIM.

Royal Bank of Canada and Bank of Montreal are looking to offload payments processing joint venture Moneris for up to $2 billion, according to Reuters.

Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments.

In a European first, Nordic challenger bank Lunar has launched a virtual assistant using GenAI Native Voice technology.

Klarna is expected to deliver its first billion dollar quarter in Q4, driven by explosive growth in the US, soaring card uptake and improved productivity from deployed artificial intelligence.

Australian bank ANZ is on the lookout for a new technology head after group executive technology and group services Gerard Florian announced his departure.

Sustainability-focused fintech, Fairown, has announced plans to expand into central Europe and develop a circular economy, by helping banks and vendors offer products as a service. The platform will join forces with Apple Premium Reseller Cortland and Inbank for its launch in Poland.

The Bank of England is planning to reject Revolut’s long-standing application for a banking license in the UK, according to the Telegraph.

Barclays has opened a new innovation hub in London, working with a range of partners from across the tech industry – including Microsoft and Nvidia.

Within the next two years, 25% of the top 50 global banks will have launched a banking app store to improve app discovery, user experience and collaboration, says Gartner.

The Securities and Exchange Commission is widening its probe into Wall Street’s use of WhatsApp for conducting business to include major hedge funds, according to Bloomberg.

American Express is to pilot the use of facial and fingerprint recognition for authenticating users at online checkouts.

Charles McManus, co-founder and board director of ClearBank, delivered the keynote ‘Delivering the Impossible – A Case Study’, which recounted the inception and journey of ClearBank, and explored new possibilities for modern open banking infrastructure.

Barclays Eagle Labs has officially launched its government-funded two-year support programme for UK tech businesses.