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/people

CBA poaches Lloyds chief data officer for AI leadership role

Commonwealth Bank of Australia has poached Ranil Boteju from Lloyds witth a brief to lead the Australian bank's sprawling AI initiatives.

/ai

AI agents ace cash management tasks - BIS research

Generative AI agents can replicate key cash-management tasks - even without specialised training, according to a Bank for International Settlements working paper.

/crypto

Visa partners Aquanow on stablecoin settlement in Cemea

Visa has teamed up with digital asset platform Aquanow to expand its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa (Cemea) region.

/crypto

Kraken begins roll out of debit card across the UK and EU

Crypto platform Kraken has rolled out the Krak card, a multi-asset debit card for fiat and crypto payments.

/markets

Robinhood doubles down on prediction markets with new exchange

Stock trading app Robinhood is boosting its predictions market offering through the launch of a futures and derivatives exchange and clearinghouse.

/regulation

FCA adds stablecoin cohort to regulatory sandbox

The Financial Conduct Authority has launched a stablecoin-specific cohort of its regulatory sandbox. Separately, the watchdog has accepted regtech Eunice into the sandbox to look into an industry-led effort to boost transparency in the UK's crypto markets

/crypto

Deutsche Börse to embed euro stablecoin from AllUnity across infrastructure

Deutsche Börse Group is to integrate AllUnity’s euro-backed stablecoin into its financial market infrastructure.

/regulation

Revolut centralises regulatory reporting and risk with Nasdaq AxiomSL

Revolut is implementing a regulatory reporting and risk platform from Nasdaq to support its global growth ambitions.

/security

Australian scam sharing network makes inroads into financial crime

Australia's banks have experienced a marked decline in scams, money laundering and remote access attacks after switching on a real-time intelligence sharing network.

/security

Billboard campaign advertising Instagram's failure to stop scams blocked by Meta media buyers

A creative billboard campaign to highlight the rising number of scams and identity theft on Instagram has been blocked by outside advertisers for fear of upsetting Meta.

/payments

Mastercard launches Access Pass programme to boost customer engagement

Mastercard has launched a programme designed to help issuers and partners deepen connections with customers through tailored experiences and exclusive perks.

/people

Bank of London CEO departs

The Bank of London has replaced chief executive Christopher Horne less than a year after he was appointed.