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/crypto

PayPal and Circle invest in crypto firm Mesh

PayPal Ventures and Circle Ventures have invested in Mesh, bringing the crypto payments network's total funding to more than $130 million.

/regulation

Fintech CEOs call on Trump to block banks from imposing 'account access' fees

The CEOs of more than 80 firms in the open banking sphere have written to President Donald Trump calling on him to prevent banks from charging fees to access consumer data.

/payments

Adyen shares plunge as tariffs hit revenues

Shares in Adyen tumbled on Thursday after the Dutch payments processor cut its annual revenue forecast, citing the impact of US tariffs.

/crypto

Bitpanda launches largest crypto offering in UK

European digital currency platform Bitpanda is now available in the UK, making over 600 cryptoassets available to investors.

/payments

Mastercard and Zand launch cross-border payments solution in UAE

UAE-based fintech Zand has announced a collaboration with Mastercard Move’s money solutions to power cross-border payments.

/payments

New York AG sues Zelle parent, claiming 'massive' fraud losses

New York's attorney general has sued the operator of bank-backed P2P payments service Zelle for failing to protect users from "massive amounts of fraud".

/ai

BBVA and the University of Navarra embark on applied research project into responsible AI

BBVA is entering a three-year project with the University of Navarra to address the main ethical, technical and regulatory challenges posed by artificial intelligence.

/payments

Payoneer taps Citi blockchain tech for intracompany money transfers

Cross-border payments firm Payoneer is using Citi's blockchain technology for real-time 24/7 intracompany money transfers.

/wholesale

Nedbank to deepen SME support with $94 million acquisition of iKhokha

South Africa's Nedbank is to acquire financial technology company iKhokha in a deal worth $94 million aimed at deepening its support for small and medium-sized enterprises (SMEs).

/ai

CommBank joins OpenAI goldrush

Australia's CommBank has joined the rush of financial institutions to form a relationship with OpenAI, striking a multi-year deal to provide employees with access to ChatGPT Entperise.

/payments

Google partners Wise to make remittances more accessible

Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.

/crypto

Transak raises $16m to scale stablecoin payments infrastructure

Fiat-to-crypto infrastructure provider Transak has raised $16 million in funding to expand its stablecoin payments stack.