/ai
BNY has boosted its compliance monitoring by rolling out Behavox's AI-powered electronic and voice communication surveillance system.
18 April 2025
/payments
The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement execercise to appoint a technical network operator.
Barclays has entered a strategic partnership with Brookfield Asset Management that will work towards offloading the UK bank's payments acceptance business "over time".
17 April 2025
The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion.
Swift has launched a case management service for investigating payment defaults that it claims could save its member banks millions of dollars in operational costs and significantly reduce the time it takes to identify and resolve issues when international payments are delayed.
Bolt has released a new SuperApp combining one-click crypto and everyday payments to compete with the likes of Coinbase, Zelle and PayPal.
/retail
Mexico City-based open finance API platform Belvo has raised $15 million in a round led by Quona Capital and joined by Citi Ventures.
/markets
Luma Financial Technologies, a platform for structured products and annuities, has raised $63 million in Series C financing led by Sixth Street Growth and joined by a host of existing Wall Street backers.
Money transfer platform Wise has launched a 'Spend with Others' feature that lets users share spending with a group.
/security
Google has been using AI to crack down on advertising fraud, meeting a key demand from banks and politicians to bear down on scam accounts.
/regulation
A US judge has killed of a Consumer Financial Protection Bureau rule capping credit card late fees at $8.
16 April 2025
/crypto
Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails.
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