clear
clear

/wealth

FNZ secures second large cash injection

Wealth management platform FNZ has raised $650 million in new equity funding from its institutional shareholders, the second such cash injection that the firm has received this year.

/crypto

Coinbase abandons BVNK acquisition

Coinbase has pulled out of a proposed $2 billion deal to buy payments and stablecoin infrastructure platform BVNK.

/payments

Visa runs pilot trials of stablecoin payouts

Visa is running pilot trials of USD-backed stablecoin payouts to creators and gig workers.

/retail

Smart Data Group publishes blueprint for the future of open banking

Smart Data Group has published its proposals for a future entity and blueprint to shape the next phase of open banking in the UK.

/ai

BNP Paribas deploys AI to speed up ESG assessments

BNP Paribas has deployed generative AI to alleviate the time spent by staff in filing ESG assessment reports.

/crypto

Revolut offers fee-free fiat to stablecoin conversions

Revolut is joining the stablecoin revolution, offering 1:1 fiat conversion on US$ stablecoin trades at zero cost.

/regulation

IOSCO highlights risks of tokenisation

A report from the International Organization of Securities Commissions (IOSCO) has highlighted the challenges involved with the nascent tokenisation market including uneven efficiency gains for participants, legal uncertainty and inconsistent regulation.

/sustainable

EIB upgrades green finance digital tool

The European Investment Bank (EIB) has extedned the coverage of its online tool, Green Checker, which is designed to identify projects eligible for green financing

/wealth

Charles Schwab to buy private markets platform Forge for $660m

Wall Street broker Charles Schwab has splashed out $660m to acquire investment platform Forge Global in a sign of the growing interest in private investment markets.

/crypto

Coinbase launches interest-bearing savings accounts in the UK

Crypto exchange Coinbase is to launch a new savings account in the UK, offering 3.75% AER interest, instant access, and FSCS protection

/payments

Standard Chartered to support DCS stablecoin card

Standard Chartered has joined with DCS as the principal banking partner for DeCard, a next-generation credit card enabling seamless stablecoin spending in the real world.

/crypto

Square rolls out bitcoin payments to four million merchants

Over four million Square merchants can now accept bitcoin payments at the point-of-sale, marking a major mainstream use case for the cryptocurrency.