/payments
The European Central bank has postponed a deadline for allowing non-bank payment service providers (PSPs) to access central bank-operated payment systems, including the Target settlement system.
5 hours
/crypto
Coinbase says that crooks bribed employees and contractors to steal customer data for use in social engineering attacks in an incident that may cost the crypto exchange up to $400 million to address.
7 hours
/retail
Revolut is bidding to bolster its paid-for customer base by introducing the ability for users to gift premium annual plans to their friends and family.
10 hours
Lloyds banking Group is to pair inhouse-developed GenAI with transaction categorisation data from Moneyhub to give customers real-time insights into their spending habits.
Europe's largest retailers have banded together to press the European Commission to crack down on fees charged by Visa and Mastercard.
12 hours
/wholesale
JPMorgan Chase and technology company Infleqtion have released a new open source quantum software library designed to improve the efficiency of potential applications and use cases.
/regulation
The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) have published a joint research study that explored how central banks could continue to implement monetary policy operations in tokenised wholesale financial markets.
21 hours
CaixaBank and BBVA have teamed up with Spanish payments outfit Iberpay to process the first Requests to Pay between banks in Europe.
/security
NatWest is bombarded with 100 million cyber attacks every month, the UK bank's head of cyber security has revealed.
The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast "significant doubt" over its future.
14 May 2025
Credit and debit cards continue to dominate American payments, but cash is still an important player, accounting for 14% of all consumer transactions in 2024, according to the Federal Reserve.
Zopa Bank has raised £80 million in its first London Stock Exchange bond listing as it prepares for the launch of current accounts.
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