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/devops

People's Bank of China opens digital yuan operation centre in Shanghai

On Thursday, the People’s Bank of China (PBOC) opened a digital yuan (e-CNY) international operations centre in Shanghai, in a move to drive CBDC innovation.

/regulation

EBA Clearing's FPAD Verification of Payee service is primed to scale

EBA Clearing has announced that the testing for its Fraud Pattern Anomaly Detection (FPAD) Verification of Payee (VoP) solution confirmed that it is ready to scale.

/ai

WeLab taps Google for AI innovation across Asia

Asian fintech company WeLab has formed a strategic partnership with Google to drive AI-powered banking solutions across across Asia.

/payments

Finextra & ACI Worldwide launch new global research on the next era of payments

Finextra Research has released its latest global survey report Payments 2030: What’s shaping the future?, revealing how organisations are aligning their payments strategies with market and regulatory demands, the challenges they face, and the technological and operational shifts shaping investment decisions.

/sustainable

Sustainable.Finance Live 2025: Hackathon applications are open

Applications to participate in the Sustainable.Finance Live 2025 Hackathon are officially open.

/wholesale

SC Ventures and Fujitsu form quantum computing partnership

Standard Chartered Bank's SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing from the research stage to commercial use in financial services.

/payments

PayPal targets Middle East and Africa with $100 million spending commitment

PayPal has allocated $100 million to grow its business in the Middle East and Africa.

/people

Citi shifts 1000 tech jobs to India

Citi has moved about 1000 technology jobs to support centres in India after slashing its workforce in China, according to Bloomberg.

/crypto

ING digital asset lead: Euro stablecoin could revolutionise music industry with tokenised royalties

Hot on the heels of news that nine European banks have partnered to launch a Euro denominated stablecoin, Finextra spoke to Floris Lugt, digital assets lead at ING, about the catalyst for this launch and why they didn’t want to wait for the ECB’s digital euro launch slated for 2029.

/payments

Klarna revels in one million US debit card sign ups

Over a million Americans have signed up for Klarna's debit card in just eleven weeks since launch.

/payments

Ebury to resurrect IPO

Santander-backed Ebury is reportedly reviving plans for an initial public offering in London at a valuation of $2 billion.

/payments

Swift bids to move the needle for retail consumer payments

Swift is working with 30 banks on a scheme to set new rules for retail cross-border payments on its network.