/security
Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.
18 February 2025
/regulation
The Bank for International Settlements has appointed Beju Shah as the new Head of the Toronto Innovation Centre.
/crypto
Ziglu, a UK-based cryptocurrency business that once commanded a $170 million price tag, has raised £5 million at a £45 million valuation.
/payments
Pan-European payments platform Market Pay is to acquire Danish PSP AltaPay, strengthening its presence in the Scandiavian market.
17 February 2025
Standard Chartered has formed a joint venture partnership with Animoca Brands and HKT to issue a Hong Kong dollar-backed stablecoin.
/retail
Lloyds Bank is working with fintech Doshi to deliver a gamified financial education platform with rewards-based engagement for students and young people.
Federal Reserve Financial Services (FRFS) has pushed back the roll out of ISO 20022 for the Fedwire Funds Service from March to July.
/ai
BBVA has revamped its personal virtual assistant, adding AI-powered account and card management features.
/people
Monzo chief operating officer Sujata Bhatia is leaving after five years at the UK digital bank.
14 February 2025
During a meeting with Republican lawmakers and other top bank CEOs on whether big lenders are ‘debanking’ certain customers, JPMorgan Chase CEO Jamie Dimon emphasised the need to step back and reassess the financial regulations governing the banking industry.
HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued restructuring to streamline operations and reduce costs under CEO Georges Elhedery.
London-headquartered money transfer outfit Zepz is laying off around 200 employees, according to CNBC.
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