/sustainable
UK fintech Science Card has opened an e-money account to further its goal of supporting scientific projects across health, climate change and tech through customer spending.
15 August 2024
/startups
Yuze, a UAE-based, SME-focussed fintech, has raised $30 million from Osten Investments to expand into new markets.
/ai
Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments.
ANZ has partnered with Microsoft to launch an 'AI Immersion Centre' for the bank's leadership team at its Melbourne headquarter offices.
/security
The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.
Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services.
14 August 2024
/payments
Apple is opening up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers in a host of countries - including the US and UK - but will charge associated fees.
/wholesale
Citi and Wells Fargo have joined a $31 million Series B funding round for Setpoint, an infrastructure provider that streamlines transactions for the credit industry.
Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.
/regulation
Australia's Securities and Investment Commission is suing the country's top exchange over misleading statements about the progress of its much delayed and now abandoned blockchain-based Chess replacement system.
/retail
HSBC is the latest UK high street bank to join the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.
With AI tools such as ChatGPT now firmly embedded in the mainstream, Monzo has put together a list of 'Do's and don'ts' for using the technology when applying for a job with the digital bank.
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