1894 Results from 2023
/regulation
International securities regulator Iosco has set out nine policy recommendations designed to address market integrity and investor protection concerns connected to decentralised finance (DeFi).
20 December 2023
The UK's Payment Systems Regulator has confirmed plans to improve protections for victims of authorised push payments (APP) fraud will come into force in October 2024.
/crypto
Fiat Republic, a BaaS startup working to simplify the process of crypto platforms connecting with bank transfer networks, has raised $7 million in a seed funding extension round.
/retail
Bunq has launched its own generative AI platform that the Dutch neobank says will "wow" customers with its ability to answer money-related questions.
/payments
Financial regulators in the UK have agreed plans for a Phase 1 roll out of non-sweeping variable recurring payments (VRP) by the third quarter of 2024, in a significant boost to open banking.
19 December 2023
/sustainable
Real-time payments platform Volt has teamed up with sustainability fintech ekko to help retailers and their customers support the removal of plastic bottles from the ocean.
/security
Banco Santander is to stop bank transfers for Facebook Marketplace payments in cases where a customer has not seen the item in person.
/startups
London-based cash management fintech Vitt has raised additional financing, bringing the total raised to $16 million in equity and debt in a round led by Better Tomorrow and Speedinvest.
/wholesale
Swift has partnered with BNY Mellon and Deutsche Bank to test an API-based interoperability model for electronic Bills of Lading (eBL) that it says could help digitise global trade.
/crime
The US Department of Justice is cracking down on fraud networks that steal money from consumer bank accounts and then use 'microtransactions' to hide their activity.
Revolut has suspended some crypto services for business users until it gets up to speed with new regulations on financial promotions.
18 December 2023
Monzo's end-of-year Wrapped campaign informing customers of how they've spent their money this year has prompted an outpouring of hand-wringing shame and anger on social media.
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