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/retail

Fiserv to buy StoneCastle Cash Management

Fiserv has signed a definitive agreement to buy StoneCastle Cash Management. Financial terms were not disclosed.

/ai

Visa launches VCS Hub for AI-powered commercial payments

Visa has launched a hub to help issuers and fintechs deliver commercial payment and embedded finance experiences.

/ai

OpenAI and Stripe team on ChatGPT payments

OpenAI has joined forces with Stripe to let people make purchases from within ChatGPT.

/ai

FS giants test blockchain and AI to tackle $58bn corporate actions problem

A host of banking and capital market players - including Swift, the DTCC and UBS - have closed out the second stage of a Chainlink-led project to use AI and blockchain technology to standardise and streamline corporate actions processing.

/Sibos

Sibos 2025: AI, quantum, CBDCs, tokenised assets and stablecoins to lead the agenda

In the opening plenary of Sibos 2025 in Frankfurt, executives at Swift and leading German banks Deutsche Bundesbank and Deutsche Bank introduced the themes of the conference and what can be accomplished on ‘the next frontier of global finance’.

/payments

Santander takes BNPL product to Spain for Amazon purchases

Banco Santander has launched its buy now, pay later product, Zinia, in Spain, with an initial focus on installment payments on Amazon.

/payments

Sibos: Swift to add blockchain-based ledger to infrastructure stack

Bank-to-bank payment network Swift is to develop a shared digital ledger with 30 member banks to test the use of blockchain technology for real-time cross-border payments.

/payments

UK banks prep live pilot of tokenised sterling deposits

The UK's biggest banks are embarking on a pilot project to deliver the country's first live transactions of tokenised sterling deposits (GBTD).

/wholesale

Deutsche Bank conducts first euro transaction via blockchain

Deutsche Bank has carried out its first euro-denominated cross-border payment via Partior’s blockchain platform.

/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.