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/ai

BBVA lets customers use Apple AI to create their own card designs

BBVA and Visa are letting customers use their iPhones' AI-powered Image Playground feature to personalise their payment cards.

/payments

Viamericas raises $113.6m for remittance network

US-based remittance and international money transfer firm Viamericas has raised $113.6 million in a funding round led by Old National Bank.

/payments

Mastercard taps transaction data for advertising platform

Mastercard has unveiled a digital media network that uses permissioned transaction data to deliver personalised advertising.

/Sibos

Sibos 2025: Cybersecurity, AI and quantum dominate industry panel

At Sibos 2025 in Frankfurt, experts spanning multinational banks and fintechs explored the emergence of sophisticated cyberthreats. Bad actors are utilising AI, quantum, and machine learning to level up their attacks, but can financial institutions fight fire with fire? The panel ‘Navigating the intersection of technology and financial security’ explored how disruptive technologies will impact the fraud landscape.

/wealth

JPMorgan drops Nutmeg wealth management brand

JPMorgan Chase is killing off its Nutmeg digital wealth management brand in the UK and replacing it with JP Morgan Personal Investing.

/identity

BritCard backlash: Fintech leaders warn against government monopoly on digital identity

Last week, UK Prime Minister Sir Keir Starmer announced a new digital identity scheme that would be mandatory in order to work in the UK. Dubbed BritCard, the new digital ID is intended to “combat illegal working while making it easier for the vast majority of people to use vital government services.” By ending the need for manual identity checks with paper-based records, the UK Government claims this will simplify applications for driving licenses, childcare and welfare, and streamline access to tax records.

/Sibos

Sibos 2025: UN and banks call for climate investment shift

What is the role of public and private investment in sustainable finance? How can green bonds and blended finance achieve sustainable development goals? These questions were answered in a sustainable policy panel, titled ‘Prudence, purpose, and profit; Balancing returns, impact, and risk’ at Sibos 2025 in Frankfurt.

/security

Revolut still the worst UK firm for fraud complaints, warns Which?

Revolut has once again recorded the highest number of fraud and scam complaints escalated to the Financial Ombudsman Service (FOS).

/regulation

Nubank applies for US national bank charter

Barzillian digital banking giant Nubank has applied for a US national bank charter, furthering its international expansion ambitions.

/Sibos

Chainlink and UBS demonstrate onchain connectivity with Swift

Demonstrated by UBS, Chainlink has introduced technology that enables financial institutions to use Swift messages to instruct on-chain token transfers, helping the messaging network become interoperable across nearly all blockchain environments.

/payments

More than half of Brits now use mobile wallets

A cash usage continues to dwindle, more than half of Brits now use mobile wallets for online and contactless payments.

/cloud

Bite Investments raises $25m

Bite Investments, a technology provider for the alternative investments sector, has secured $25 million in funding from NewSpring Growth.