/crypto
The Universal Digital Payments Network (UDPN) has launched a digital currency sandbox for both commercial and central banks.
7 hours
/retail
Commercial Bank of Ethiopia has lost more than £31 million after a technical glitch let customers withdraw and transfer money that was not in their accounts.
/payments
As it closes in on profitability, London-based buy now, pay later outfit Zilch is eying a 2025 initial public offering.
/regulation
M1 Finance has been fined $850,000 by the Financial Industry Regulatory Authority (Finra) for social media posts made by influencers on the fintech's behalf.
12 hours
Shift4 Payments' CEO is Jared Isaacman is said to be distinctly unimpressed by the valuations placed on the firm from potential acquirers.
19 hours
Nasdaq-listed Canadian fintech Nuvei has confirmed that it is in talks over a potential going-private transaction.
/devops
Lond-based LHV Bank has signed a deal with OpenAI to licence ChatGPT Enterprise, providing unlimited access to the GenAI toolset for all of its employees.
20 hours
Fresh from completing a $400 million funding round, digital bank Monzo is reputedly in talks to sell an additional $50 million stake to one of Singapore's sovereign funds.
The Monzo mafia are back in business, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie on the hunt for funds for a new startup that aims to build generative AI coding tools.
21 hours
/startups
African blockchain payment network, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.
22 hours
In honour of Sign Language week, Nationwide has rolled out a new digital service for deaf customers by providing its website in British Sign Language (BSL).
/cloud
Credit bureau TransUnion has unveiled a cloud-based AI-powered data and analytics platform for financial institutions.
18 March 2024
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