/inclusion
In a push for financial inclusion in Mexico, Paysend has launched Paysend Libre backed by Mastercard.
04 October 2024
/ai
Global technology consultancy Thoughtworks has collaborated with AI Singapore to develop generative AI (GenAI) and its adoption.
/regulation
The UK Treasury will give banks new powers to delay payments by up to 72 hours to investigate suspected fraud or scams.
/sustainable
Finextra’s annual Sustainable Finance Live conference will be held at Events@No6 in London next week.
/crypto
Visa has unveiled a platform that helps banks issue and manage fiat-backed tokens such as stablecoins on blockchain networks.
Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.
03 October 2024
/wholesale
HSBC has partnered B2B global trade network Tradeshift on a joint venture offering embedded finance solutions to business clients.
Post trade body Euroclear has partnered with blockchain firm Digital Asset and the World Gold Council in a pilot to tokenise gilts, gold and Eurobonds.
/startups
The first half of 2024 has seen a dramatic decline in spending within Ireland's fintech industry, reflecting cautious investor sentiment.
/security
Tech giant Meta says it will expand an information sharing partnership with UK banks after a pilot with NatWest and Metro helped take out thousands of scammers on its platforms.
/retail
Shares in Payfare plummeted by more than 75% after the Canadian earned wage access firm initiated a strategic review in response to losing its biggest client, DoorDash.
02 October 2024
The Financial Conduct Authority has fined Starling Bank £29 million for failings related to its financial sanctions screening.
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