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/payments

Klarna set to revive IPO

After pausing plans for its US initial public offering amid market turbulence in the spring, Klarna will restart the process next month, according to Reuters.

/regulation

Dutch central bank fines bunq over AML shortcomings

The Dutch central bank has fined digital lender bunq €2.6 million for "serious deficiencies" in its anti-money laundering controls.

/wealth

Carlyle to buy intelliflo for up to $200m

Investment firm Carlyle has agreed to buy intelliflo, a cloud-based practice management software for independent financial advisors in the UK, from Invesco in a deal worth up to $200 million.

/security

ANZ introduces 'Digital Padlock' to lock out cyber criminals

ANZ has introduced a 'Digital Padlock', which enables customers to shut down access to accounts if they suspect they are being scammed.

/inclusion

Indonesia's Pintarnya raises $16.7m

Pintarnya, an Indonesian platform that helps users find jobs and also offers access to secured loans, has raised $16.7 million in Series A funding.

/wholesale

OCBC taps blockchain for $1bn digital US commercial paper programme

Singapore's OCBC has established a US$1 billion digital US commercial paper programme using blockchain technology.

/crypto

EU weighs public blockchain for digital euro

European Union policymakers are debating whether to launch the digital euro on public blockchains as they accelerate work on the CBDC in response to the passage of the Genius Act in the US and fears that it could see dollar-baked stablecoins dominate cross-border payments, according to the Financial Times.

/retail

UK banks closed third of branches in last five years

The number of bank, credit union and building society branches in the UK has fallen by more than a third over the last five years.

/payments

Visa shuts US open banking unit - Bloomberg

Visa has shut down its US open banking unit amid regulatory uncertainty and bank plans to charge for customer data access, according to Bloomberg.

/regulation

Australia orders Binance audit over AML concerns

The Australian Transaction Reports and Analysis Centre (Austrac) has ordered the local unit of crypto giant Binance to appoint an external auditor over "serious concerns" about money laundering controls.

/retail

CFPB sues Synapse for mishandling customer funds

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against Synapse Financial Technologies for allegedly losing customer funds when the company filed for bankruptcy protection.

/regulation

FTC Chair warns US big tech on complying with UK and EU online safety acts

US Federal Trade Commission Chairman Andrew Ferguson warned American tech giants against complying with the UK and EU’s new digital content laws to avoid violating US data protections.