/ai
Bank of New York Mellon has given dozens of AI agent 'digital employees' their own logins and will soon provide them with email accounts.
3 hours
/crypto
Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union.
MiniPay and Noah have joined forces on non-custodial stablecoin payments that connect global banking rails with local payment methods.
AllUnity, a joint venture between asset manager DWS, market maker Flow Traders, and blockchain firm Galaxy, has been granted an E-Money Institution (EMI) licence by the German Federal Financial Supervisory Authority (BaFin)
/regulation
UK-based money transfer giant Wise has applied to be directly regulated by the US Office of the Comptroller of the Currency and create a national trust bank.
9 hours
/payments
A trio of bank groups has written to the US Department of the Treasury urging it to move quickly in ditching paper cheques for electronic payment options.
12 hours
/security
Mastercard is rolling out Account Intelligence Reissuance, a GenAI-based fraud prevention service, in the Eastern Europe, Middle East and Africa (Eemea) region.
15 hours
Lloyds Banking group is opening its innovation sandbox to a neural network-based AI product from UnlikelyAI.
16 hours
/retail
Santander has reached an agreemenet to acquire UK lender TSB from Banco Sabadell for £2.65 billion in an all-cash transaction.
17 hours
Australia's banks have begun the roll-out of a nationwide Confirmation of Payee programme to help protect customers from being tricked into sending money to criminals.
18 hours
Mastercard, Bitget Wallet, and Immersve are launching a zero-fee crypto card that enables users to spend their crypto at more than 150 million merchants globally.
02 July 2025
Hokkoku Financial Holdings is working with Soft Space to develop a SoftPOS product that enables merchants to accept both contactless card payments and regulated stablecoin payments using only a smartphone or tablet.
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