clear
clear

/retail

Watchdog reprimands Deutsche Bank for “unacceptable” Postbank problems

Deutsche Bank has been reprimanded by German watchdog Bafin for faulty operations and disruption of services in its Postbank unit.

/retail

UK politicians address blockchain and web3 via the metaverse

Natalie Elphicke MP OBE and other UK politicians addressed a forum of 51 nations to set out the UK’s national priorities for blockchain and web 3 through an appearance in the metaverse.

/devops

Finastra and Microsoft ink deal to modernise trade platforms

Finastra today announced a multi-year agreement with Microsoft focused on trade platform modernisation to address evolving corporate customer expectations.

/regulation

Revolut misses annual accounts deadline for second year running

Revolut will delay filing its 2022 accounts for a second consecutive year, according to Reuters.

/payments

Sumsub teams up with dtcpay to streamline digital currency payments

Sumsub has partnered with dtcpay to integrate e-Know Your Customer (KYC) services into dtcpay’s digital wallet offerings, streamlining secure digital currency transactions for businesses.

/payments

Rapyd offers card-acquiring service in Singapore to bolster SME payments

Rapyd has announced the expansion of its card-acquiring service to the Singapore market.

/crime

FTX sues Bankman-Fried’s parents over misappropriated funds

The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme.

/payments

FreedomPay announces partnership with Worldpay

FreedomPay has announced its partnership with Worldpay from FIS to provide integrated payments and omnichannel technology for retail, hospitality and other enterprises.

/Sibos

Sibos 2023: Temenos Payments Hub launched on IBM Cloud

Temenos has announced that Temenos Payments Hub, a payments solution, is available as the first of its kind on IBM Cloud for Financial Services.

/Sibos

Sibos 2023: Wise and Swift move to put hero-villain narrative to bed

Wise’s new collaboration with Swift could make the money transfer giant’s own app redundant, believes CEO Kristo Käärmann. That’s his objective.

/Sibos

Sibos 2023: Forging a path to global CBDC interoperability

Interoperability was at the centre of Tuesday’s CBDC discussion at Sibos, with the panel investigating how to ensure that these incoming digital currencies will work at the cross-border level.

/crypto

Sibos 2023: Can CBDC replace cash?

At Sibos 2023 in Toronto, EY’s Christopher Woolard chaired a session on how digital currencies have made a big splash over the past few years and questioned whether they will be merely a drop in the ocean.