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Trump taps ex-PayPal COO Sacks as crypto and AI czar

/people

Trump taps ex-PayPal COO Sacks as crypto and AI czar

Donald Trump says he is appointing former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar".

Why sustainable finance needs more consistent policies

/sustainable

Why sustainable finance needs more consistent policies

Following the 2022 Biodiversity Conference of Parties, the world has been trying to follow the ambitious Global Biodiversity Framework agreement. Recently, they reconvened for the COP16 event in Cali where the focus was on further agreements, resources and plans to ensure the GBF’s success by 2030. At the event, there were some successes and some pitfalls.

Zopa raises £68 million in equity funding

/ai

Zopa raises £68 million in equity funding

The funding will support growth ahead of the launch of Zopa's flagship current account and GenAI proposition in 2025.

US explores feasibility of settlement network for multi-asset transactions

/crypto

US explores feasibility of settlement network for multi-asset transactions

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

Latvia offers fast-track pre-approval for MiCA compliance

/crypto

Latvia offers fast-track pre-approval for MiCA compliance

The central bank of Latvia is bolsterings its credentials as a fintech innovation hub by launching free pre-licencing consultations for crypto-asset service providers looking to pursue the EU MiCA licence.

Trump picks Shift4 chief Isaacman as next head of Nasa; Fiserv head Bisignano to run social security

/people

Trump picks Shift4 chief Isaacman as next head of Nasa; Fiserv head Bisignano to run social security

Donald Trump has appointed two prominent fintech CEOs from the payments industry to key roles in his administration.

Mambu acquires French payments player Numeral

/payments

Mambu acquires French payments player Numeral

Cloud-based core banking vendor Mambu has acquired Paris-based banking aggregation and payment automation platform Numeral.

Cash use in the UK rises for second year in a row

/payments

Cash use in the UK rises for second year in a row

Cash usage rose for the second time in a year in the UK as consumers resorted to handing over notes and coins at the till to better aid budgeting.

Santander launches online pension plan with up to £1000 cashback offer

/retail

Santander launches online pension plan with up to £1000 cashback offer

Banco Santander has launched a Self-Invested Personal Pension (Sipp) plan in the UK, with a £1000 cashback offer to people investing over £100,000.

Bitcoin price tops $100,000 for first time

/crypto

Bitcoin price tops $100,000 for first time

Bticoin prices have surged past the $100,000 mark for the first time as retail and institutional investors look to cash in on a Trump-driven market rally.

NatWest launches Fintech Growth Programme

/startups

NatWest launches Fintech Growth Programme

NatWest Group is launching a Fintech Growth Programme, to help startups to lean on the resources, expertise and networks of an established high-street bank to help them scale-up and drive the bank's innovation pipeline.

Singapore extends deadline for phase out of corporate paper cheques

/payments

Singapore extends deadline for phase out of corporate paper cheques

The Monetary Authority of Singapore has pushed back the deadline for abolition of corporate cheque payments by a year to give businesses more time to familirise themselved with incoming and existing e-payment options.

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