/people
Barclays head of fintech strategy and open innovation, Andrew Elphick, is stepping down after 14 years at the British bank.
30 May 2025
/crypto
In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.
/security
Research scientists at Saudi Arabia's King Abdullah University of Science and Technology (KAUST) and King Abdulaziz City for Science and Technology (KACST) have reported the fastest quantum random number generator (QRNG) to date based on international benchmarks.
/wholesale
Citi has made an equity investment in Vontive, an embedded mortgage platform for investment real estate.
/startups
Lloyds Banking Group has teamed up with money app Lumio to take the stress out of shared financial management for couples.
/payments
At EBAday 2025, two expert panels explored the challenges of Verification of Payee and fraud prevention, as well as how growing volumes of instant and real-time payment systems impact PSPs and their customers.
29 May 2025
The panel session ‘Evolving Business Models in Cross-Border Payments”, explored the complexity and evolution of modern cross-border payments.
Global Payments continues to simplify its business, agreeing to offload its payroll unit to fintech Acrisure for $1.1 billion.
/regulation
Is the market ready for the end of the coexistence of ISO and MT messages? What remains to be done in the next few months to realise ISO 20022’s full benefits?
Two expert panels at EBAday 2025 explored what makes an effective implementation plan, the persistent global and regional challenges, and the growing benefits of instant payments.
/ai
UK Banking-as-a-Service bank Griffin is opening up access to a Model Context Protocol (MCP) server, providing a way for AI agents to autonomously perform tasks on behalf of customers.
Big banks are facing challenges in innovating payments strategizing while keeping up with the pace of the industry. In an EBAday 2025 panel, leaders in banking explored what avenues incumbents are pursuing to revolutionise payments services.
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