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/retail

UK fintech Tide eyes unicorn status

Tide, the UK-based business banking fintech, is reportedly in talks about a funding deal that would make it the UK's next unicorn.

/people

Standard Chartered names global head of data analytics and AI

UK bank Standard Chartered has bolstered its data analytics capabilities with the appointment of former HSBC executive Yusuf Demiral.

/payments

Monzo surpasses £1bn revenue milestone

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

/payments

Visa A2A payments land in the UK

Card giant Visa is taking aim at the UK's burgeoning account-to-account market through its new pay-by-bank offering.

/ai

Vanguard and University of Toronto create AI research labs

American investment management giant Vanguard has joined forces with the University of Toronto (UofT) to set up several labs focused on the use of AI in financial services.

/people

Barclays head of fintech strategy leaves

Barclays head of fintech strategy and open innovation, Andrew Elphick, is stepping down after 14 years at the British bank.

/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.