/startups
UK Banking-as-a-Service startup Griffin has snared $24 million in fresh funding to meet regulatory capital requirements and exit 'mobilisation' as a fully-licenced bank.
11 March 2024
/wholesale
Cash advance platform Wayflyer is to expand its offering beyond online-only businesses to support brands that sell into brick-and-mortar retail channels.
/payments
London-based cash deposit marketplace Flagstone has scored a £108 million equity investment from US VC Estancia Capital Partners.
India's ambitions to take its Unified Payment Interface global has taken a step forward thanks to a link up with Nepal's Fonepay.
/regulation
Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people's personal data.
08 March 2024
/devops
OpenAI and Google are among dozens of tech companies signing open letter pledging to build ethical AI.
/security
UniCredit, Italy’s second-largest bank, has been fined €2.8 million (£2.3 million) by the country’s data protection authority over 2018 data breach case.
/crypto
Chairman of the US Federal Reserve Jerome Powell spoke before the Senate on Thursday, stating that the US was “nowhere near” CBDC development.
British bank NatWest is killing off its buy now, pay later (BNPL) service less than two years after launch.
/cloud
The Bank of England is building out a cloud-based data and analytics platform after an independent review found "nervousness" in adopting the technology.
The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.
07 March 2024
/retail
BBVA has become the first Emea-based financial services institution to sign a Whole Portfolio Agreement (WPA) with Cisco in Europe and Latin America.
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