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/cloud

West Brom Building Society picks Deloitte and 10x for digital makeover

West Brom Building Society has called in Deloitte and core banking provider 10x for a digital overhaul.

/payments

GreenBanana unveils BNPL platform for retailers

German fintech GreenBanana has launched a platform that connects retailers with buy now, pay later providers in more than 25 countries.

/security

ANZ scraps passwords for digital banking log-in

ANZ is scrapping password access to its digital banking arm ANZ Plus, replacing key-based log-ins with two-factor authentication.

/crypto

Visa invests in stablecoin startup BVNK

Visa Ventures has made a strategic investment in stablecoin infrastructure platform BVNK.

/regulation

CFPB to revisit open banking rule

In its latest about-turn under the Trump administration, the Consumer Financial Protection Bureau is preparing to reopen its recently finalised open banking rule, according to Bloomberg Law.

/startups

Stripe alumni raise €10.7 million for business identity startup

Duna, a business identity startup founded by former Stripe staffers, has raised €10.7 million in a Seed funding round led by Index Ventures.

/payments

Klarna hits 11 million UK customers

Swedish BNPL giant Klarna has crossed 11 million active customers in the UK and has doubled its merchant base in a year to 60,000,

/retail

XData Group to go public on Nasdaq via blank check merger

Estonian banking technology provider XData is to go public on the Nasdaq market via a Spac merger with blank-check firm Alpha Star Acquisition Corporation.

/wholesale

JPMorgan shuts platform that connected founders with investors

JPMorgan Chase has shut down Capital Connect, the platform it launched in 2022 to help startups link up with VC investors.

/payments

UK FS players agree to fund delivery of commercial VRPs

A group of 31 players in the open banking and payments industries has committed to fund efforts to create a new company that will bid to put Variable Recurring Payments on a viable commercial footing in the UK.

/payments

PayPal launches contactless mobile wallet in Germany

PayPal's long-running effort to crack the high street continues with the launch in Germany of a contactless mobile wallet that lets users pay instore and in instalments with a tap of their phone.

/retail

Egypt's MoneyFellows raises $13m for digital money circles

Egyptian fintech Money Fellows has raised $13 million for its mobile-based platform for money circles - where a group of people put funds into a pot for a specific period so that they can save and borrow together.