/people
Lilia Christofi, formerly Microsoft’s head of banking in Emea, has joined PwC to lead the consulting firm's financial services data and AI team.
8 hours
/crypto
The Depository Trust and Clearing Corporation (DTCC) has created a sandbox to test groundbreaking technology for the digital asset industry.
Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.
17 hours
German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.
20 hours
/payments
Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.
/security
The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.
22 hours
Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.
/startups
Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.
15 October 2024
/sustainable
Team AgriEco Hub and Team 3 (NatureDelta) have been announced as the winners of this year’s hackathon, which took place in partnership with NayaOne alongside the conference.
14 October 2024
Russia is pushing for the creation of a new cross-border payment system for Brics countries as part of a scheme that would help the country to evade financial sanctions and reduce its reliance on the US dollar.
/identity
Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.
Revolut is rolling out a POS terminal device for larger businesses in the UK and Ireland in advance of Black Friday and the busy festive shopping season.
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