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/people

ANZ to cut 3500 jobs

ANZ is to cut 3500 jobs over the next 12 months, marking a 14% reduction in the Australian lender's workforce.

/retail

Revolut secures in-principle approval for a UAE payments licence

Revolut is to launch in the UAE after securing in-principle approval from the Gulf region's central bank.

/security

Wealthsimple data breach exposes customer information

Canadian wealth management platform Wealthsimple says a security breach has left the personal information of some customers compromised.

/payments

Irish banks unite to take on Revolut with P2P payments app

Ireland's top three retail banks are to jointly launch a mobile payment service, Zip Pay, next year to rival fintech giant Revolut.

/inclusion

Accion Ventures closes $61.6 million fund to invest in early-stage fintech

Non-profit group Accion International is boosting its investment initiative for seed stage fintech startups working on financial inclusion, raising $61.6 million from international investors.

/markets

UniCredit calls in BNP Paribas and FNZ for next phase of securities services revamp

UniCredit is to create 200 new jobs in the next phase of a securities services revamp that calls on BNP Paribas for custody and FNZ for the build of a cloud-based post-trade securities platform.

/startups

Greek neobank Snappi goes live

Snappi, Greece's first ECB-licenced neobank, has officially gone live to Greek tax residents via the App Store and Google Play.

/retail

Walmart's OnePay becomes latest fintech to offer mobile plans

Walmart-backed OnePay has teamed up with Telecom-as-a-Service platform Gigs to become the latest fintech to launch its own mobile phone plan.

/wholesale

Bank for fintechs Lead raises $70m

Lead Bank has hit a $1.47 billion valuation after raising $70 million to serve fintech and crypto firms.

/markets

LSEG offers to share data centre rooftop after FCA competition probe

The London Stock Exchange Group (LSEG) has agreed to give up exclusive rights to the rooftop of its data centre building to allay regulatory concerns that the arrangement hinders competition for low latency connectivity services (LLCS).

/crypto

Stripe unveils Tempo blockchain for stablecoin payments

Stripe and crypto investment firm Paradigm have unveiled a blockchain project for stablecoin payments.

/people

Temenos shares slide as CEO ousted

Shares in Temenos fell by around 14% on Friday after the Swiss core banking vendor's CEO Jean-Pierre Brulard departed with immediate effect.