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/payments

RBC and BMO explore $2bn sale of Moneris payments business - Reuters

Royal Bank of Canada and Bank of Montreal are looking to offload payments processing joint venture Moneris for up to $2 billion, according to Reuters.

/regulation

N26 investors bid to oust co-CEOs after watchdog's criticism

Investors in N26 are working to remove the German digital bank's founders as co-chief executives after regulator BaFin once again identified risk management failings at the fintech, according to the Financial Times.

/crypto

Citi explores stablecoin payments

The law passed by Congress in the US has opened up the potential of crypto payments, spurring Citigroup to explore custody and payment services for stablecoin.

/markets

Klarna reports Q2 losses amid US expansion plans

Swedish buy now pay later (BNPL) platform Klarna prepares for its New York listing, despite reporting a net loss in Q2.

/crypto

PayPal and Coinbase invest in crypto firm Mesh

PayPal Ventures and Coinbase Ventures have invested in Mesh, bringing the crypto payments network's total funding to more than $130 million.

/regulation

Fintech CEOs call on Trump to block banks from imposing 'account access' fees

The CEOs of more than 80 firms in the open banking sphere have written to President Donald Trump calling on him to prevent banks from charging fees to access consumer data.

/payments

Adyen shares plunge as tariffs hit revenues

Shares in Adyen tumbled on Thursday after the Dutch payments processor cut its annual revenue forecast, citing the impact of US tariffs.

/crypto

Bitpanda launches largest crypto offering in UK

European digital currency platform Bitpanda is now available in the UK, making over 600 cryptoassets available to investors.

/payments

Mastercard and Zand launch cross-border payments solution in UAE

UAE-based fintech Zand has announced a collaboration with Mastercard Move’s money solutions to power cross-border payments.

/payments

New York AG sues Zelle parent, claiming 'massive' fraud losses

New York's attorney general has sued the operator of bank-backed P2P payments service Zelle for failing to protect users from "massive amounts of fraud".

/ai

BBVA and the University of Navarra embark on applied research project into responsible AI

BBVA is entering a three-year project with the University of Navarra to address the main ethical, technical and regulatory challenges posed by artificial intelligence.

/payments

Payoneer taps Citi blockchain tech for intracompany money transfers

Cross-border payments firm Payoneer is using Citi's blockchain technology for real-time 24/7 intracompany money transfers.