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/payments

Adyen taps rival PayPal to offer Fastlane in the US

Adyen has struck a deal to offer rival PayPal's Fastlane guest checkout product to its enterprise and marketplace customers in the US.

/crypto

State Street selects Taurus to grow digital assets business

State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.

/payments

Mobile wallet operators band together on cross-border payments

Money movement company TerraPay has formed a 'Wallet Interoperability Council' with five leading payment operators to facilitate interconnection in cross-border transactions.

/payments

Bank of England to develop analytics data platform for ISO 20022

The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance

/payments

Amazon in India considers splitting off payments app

Amazon is looking at splitting off Amazon Pay as a standalone app in an attempt to gain a bigger market share in India's competitive e-commerce market.

/crypto

Bitwise makes European play with ETC Group acquisition

US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.

/security

Bank of Ireland warns of worrying surge in investment scams

Bank of Ireland is warning of a surge in investment fraud, describing it as the most concerning trend in evolving scam tactics.

/startups

B2B emerging markets payment platform Waza comes out of stealth with $8 million funding

Waza, a payment and liquidity platform for emerging market businesses, has secured $8 million in equity and debt funding to make it easier for African businesses, traders, and other large organisations to manage and pay their suppliers globally.

/payments

Mastercard to cut around 1000 jobs - Bloomberg

Payments firm Mastercard intends to cut its 33,400-strong workforce by three per cent, according to Bloomberg.

/retail

Revolut hits $45bn valuation in secondary share sale

Revolut has secured a $45 billion valuation in a secondary share sale with new and existing investors.

/retail

Deutsche Bank's Postbank settlement rejected by plaintiffs - Reuters

Deutsche Bank’s settlement offer to shareholders that sued them for underpaying for the Postbank acquisition has been rejected by plaintiffs.

/regulation

NatWest added to Texas energy ban

Texas Comptroller Glenn Hegar has added NatWest to its list of financial institutions that they will not be doing business with according to a new Texas law.