/payments
Cross-border payments firm Payoneer is using Citi's blockchain technology for real-time 24/7 intracompany money transfers.
4 hours
/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).
6 hours
/ai
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.
7 hours
Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.
17 hours
/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.
23 hours
/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.
12 August 2025
/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.
UK bank LHV is to apply artificial intelligence technology from Luminance to streamline legal contract document workflows.
Diebold Nixdorf is working with the European Central Bank to integrate its payment processing technology with the digital euro interfaces.
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