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/payments

Visa and Mastercard agree settlement over interchange fees and mecrchant choice

Visa and Mastercard are bidding to close a long running battle with US retailers over interchange fees with a promise to trim charges and let merchants have freedom of choice over which cards they have to accept.

/regulation

Bank of England opens consultation on stablecoin regulations

The Bank of England has published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins, including a cap on holdings for individuals and businesses.

/crypto

Paystand acquires stablecoin network Bitwage

Blockchain-enabled B2B payments company Paystand has acquired cross-border stablecoin payments network Bitwage

/security

Meta earns a fortune from fraudulent ad sales

Meta estimated that ten percent of its 2024 revenue could come from ads and scammed goods, document seen by Reuters show.

/startups

ClearBank founder bounces back with Sporta

Andrew Smith, ClearBank founder and former CTO, has launched his next venture, Sporta. Its first Crowdcube funding round values the startup at £35 million pre-money.

/retail

Atom bank launches tax-efficient Easy Access ISA

UK’s Atom bank has announced the launch of its Easy Access Cash Individual Savings Account (ISA).

/sustainable

TNFD releases guidance on state-of-nature data collection

The Taskforce on Nature-related Financial Disclosures (TNFD) has released eight recommendations to upgrading the nature data value chain for market participants.

/crypto

Bancomat announces EUR-BANK stablecoin to combat European payments fragmentation

Italian payment network Bancomat announced its EUR-BANK stablecoin during the Salone dei Pagamenti event in Milan on Thursday.

/markets

Canada’s 2025 budget plan includes new stablecoin rules, Real-Time Rail launch

Led by financial industry titan Prime Minister Mark Carney, Canada’s 2025 budget outlines ambitions to tackle cybercrime, embrace digital payments innovation, and encourage competition within financial services.

/retail

Monzo beats Chase, Nationwide, and Starling in UK customer satisfaction - YouGov

Monzo leads in customer satisfaction rankings for UK banking consumers according to a 2025 survey by data analytics firm YouGov.

/markets

EU opens anti-trust investigation into alleged market collusion between Deutsche Börse and Nasdaq

The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.

/ai

Lloyds Bank to embed AI financial assistant into mobile app

Lloyds Bank is to launch a new multi-purpose AI financial assistant to help customers manage their finances via the UK bank's mobile app.