/wealth
Fund administrator Apex Group has acquired a controlling stake in Luxembourg-based Tokeny in a move designed to spearhead a push into the tokenisation market.
21 May 2025
/security
The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".
/inclusion
A group of UK retailers are backing a new BNPL alternative from charity-owned responsible lender Fair for You.
/crypto
Having once said he would shut the crypto industry down, Jamie Dimon has confirmed that JPMorgan Chase will now let its clients buy bitcoin.
/payments
The UK government has begun a procurement process to find an open banking technology supplier for use with its Universal Credit social security payments.
Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been signed off by the Competition Appeal Tribunal in a move that could see millions of shoppers receiving up to £70 each.
20 May 2025
/ai
Swiss bank UBS is using AI models to create video avatars of its analysts to share with clients.
Spain has been struck by a widespread outage across all mobile networks just four weeks after suffering from a nationwide electricity blackout, highlighting the perils of relying solely on online payment systems and apps.
JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.
BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.
Temenos has launched a GenAI co-pilot for its retail banking core product, enabling banks to test and launch new products faster.
Sweden's push to become a cashless society is rapidly heading into reverse, as the central bank submits proposals to introduce an obligation to accept cash in the sale of essential goods, and to strengthen the banks' responsibility for cash handling.
19 May 2025
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