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/crypto

Binance civil enforcement action dismissed by SEC

In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.

/security

Saudi academics create world's fastest quantum random number generator

Research scientists at Saudi Arabia's King Abdullah University of Science and Technology (KAUST) and King Abdulaziz City for Science and Technology (KACST) have reported the fastest quantum random number generator (QRNG) to date based on international benchmarks.

/wholesale

Citi invests in embedded mortgage platform Vontive

Citi has made an equity investment in Vontive, an embedded mortgage platform for investment real estate.

/startups

Lloyds teams with Lumio to help couples manage shared finances

Lloyds Banking Group has teamed up with money app Lumio to take the stress out of shared financial management for couples.

/payments

EBAday 2025: What is the implementation feasibility of VoP and instant payments?

At EBAday 2025, two expert panels explored the challenges of Verification of Payee and fraud prevention, as well as how growing volumes of instant and real-time payment systems impact PSPs and their customers.

/payments

EBAday 2025: Solving for low-value cross-border payments

The panel session ‘Evolving Business Models in Cross-Border Payments”, explored the complexity and evolution of modern cross-border payments.

/payments

Global Payments to sell payroll unit for $1.1bn

Global Payments continues to simplify its business, agreeing to offload its payroll unit to fintech Acrisure for $1.1 billion.

/regulation

EBAday 2025: Are we ready for ISO 20022?

Is the market ready for the end of the coexistence of ISO and MT messages? What remains to be done in the next few months to realise ISO 20022’s full benefits?

/payments

EBAday 2025: What's next for instant payments?

Two expert panels at EBAday 2025 explored what makes an effective implementation plan, the persistent global and regional challenges, and the growing benefits of instant payments.

/ai

Griffin begins build of agentic bank

UK Banking-as-a-Service bank Griffin is opening up access to a Model Context Protocol (MCP) server, providing a way for AI agents to autonomously perform tasks on behalf of customers.

/payments

EBAday 2025: How can banks achieve excellence in payments?

Big banks are facing challenges in innovating payments strategizing while keeping up with the pace of the industry. In an EBAday 2025 panel, leaders in banking explored what avenues incumbents are pursuing to revolutionise payments services.

/payments

Palla raises $14.5m for cross-border payments

Palla, a fintech that enables instant cross-border payments for global financial institutions and fintech firms, has raised $14.5 million in a Series A funding round led by Revolution Ventures.