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/crypto

ECB preps DLT trials for wholesale central bank money settlement

The European Central Bank has put together a host of participants for exploratory work on the use of distributed ledger technology to settle wholesale transactions in central bank money.

/markets

Tradeweb to pay $785m for investment tech firm ICD

Tradeweb Markets has struck a deal to buy investment technology firm Institutional Cash Distributors (ICD) for $785 million.

/crypto

LCH gets green light to clear Bitcoin index derivatives

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

/startups

China central bank launches $70bn tech lending programme

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

/security

Bank of Ireland blames latest glitch on "technical issue"

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

/startups

Fintech funding slides to 7-year low

Global funding in the fintech sector has fallen to its lowest level since 2017, according to newly published research.

/wholesale

ClearBank hits FY profitability

Britain's ClearBank is planning international expansion after reporting its first annual pre-tax profit.

/startups

SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

/payments

David Birch confirmed as EBAday 2024 challenge speaker

Exploring digital money, digital assets, digital identity and the future of banking, David G. W. Birch has been confirmed as the keynote speaker for one of the most compelling sessions at EBAday every year.

/crime

Google sues crypto scammers using Play Store to lure victims

Google is suing two app developers who lured victims into downloading fraudulent investment apps on the Google Play Store.

/crypto

ZA Bank launches services for stablecoin issuers

ZA Bank has launched banking services for stablecoin issuers, in part of their ‘Banking for Web3’ initiative.

/sustainable

EY to triple sustainable finance team in Dublin to accelerate ESG goals

A new innovation hub will be opened in Dublin to support global financial institutions push forward with meeting environmental, social and governance (ESG) regulatory and reporting requirements.