/payments
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".
14 August 2025
/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.
Cross-border payments firm Payoneer is using Citi's blockchain technology for real-time 24/7 intracompany money transfers.
13 August 2025
/wholesale
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).
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.
Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.
/crypto
Fiat-to-crypto infrastructure provider Transak has raised $16 million in funding to expand its stablecoin payments stack.
Visa has joined a $4.9 million Seed round in stablecoin-compatible payment orchestration platform HoneyCoin.
Santander has inked a deal with OpenAI, rolling out ChatGPT Enterprise to nearly 15,000 staffers as it bids to become an "AI-native" bank.
12 August 2025
/markets
A group of financial firms, including Bank of America, Circle and the DTCC, have used the Canton Network blockchain platform to complete the first full on-chain financing of US Treasuries (UST) against the USDC stablecoin.
/startups
Founed by Revolut and Wise alumni, blockchain-based cross-border money transfer startup Riva Money has raised a pre-seed round from Project A as well as angels from Revolut, Monzo and JPMorgan.
Lloyds is the first major UK bank to launch a mobile app feature which allows cash to be paid in at over 30,000 PayPoint high street locations nationwide, using a simple barcode.
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