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/regulation

Barclays fined £42m over money laundering risk failures

Barclays Bank has been fined £42 million by the Financial Conduct Authority for two cases of "poor handling" of money laundering risks.

/payments

Activist investor builds stake in Global Payments

Global Payments shares rose on Wednesday after media reports that activist investor Elliott Management has built up a stake in the fintech.

/crypto

Wall Street names announce stablecoin plans

Two of the biggest names on Wall Street are seemingly about to enter the stablecoin market based on comments made by their senior executives.

/markets

Computershare named as potential buyer for PrimaryBid

Australian stock transfer agency Computershare is reportedly one of a number of companies looking to acquire UK fintech PrimaryBid which was put up for sale earlier this year

/inclusion

Wagestream buys pension tech provider Zippen

UK workplace finance and wellbeing app Wagestream has bought pensions technology company Zippen. Financial terms were not disclosed.

/payments

UniCredit taps Wise Platform for cross-border retail payments service

Italian bank UniCredit has partnered Wise to develop an international payment service for retail customers.

/ai

Lloyds trumpets GenAI knowledge hub's impact

Lloyds Banking Group has built an AI knowledge hub that slashes the time it takes customer-facing employees to answer queries.

/crypto

Standard Chartered launches bitcoin spot trading

Standard Chartered has become the first global systemically important bank to offer digital asset spot trading to institutional clients.

/regulation

Government vows to make UK 'fintech capital of the world'

The UK government is promising bespoke support for financial technology firms as they start, scale and list as it vows to make the country the "fintech capital of the world".

/payments

BofE sets out model for delivering National Payments Vision

The UK is overhauling its approach to retail payments infrastructure, with a greater role for the Bank of England and the creation of a new industry-led delivery company to work alongside Pay.UK.

/crypto

Lithuanian fintech granted first DLT licence in Baltics

Axiology, a Lithuania-based tech firm operating in the digital assets space, has been granted a licence from the Bank of Lithuania to carry out digital bond issuance via the blockchain.

/ai

AI up lad! Yorkshire launches AI investment fund

English county Yorkshire is bidding for a prime position in the UK's AI sector with the launch of an investment fund targetting AI startups.