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/crypto

Indian Supreme Court YouTube page hacked to promote XRP

The Indian Supreme Court's official YouTube channel has been hacked and used to show videos promoting Ripple Labs' XRP crypto token.

/regulation

UK government takes aim at late payments laws

A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.

/sustainable

Sustainable Finance Live 2024: UK Foreign Secretary pledges to prioritise nature and climate finance

In a speech at Kew Gardens on Monday, UK Foreign Secretary David Lammy spoke on how the UK government will be realigning its priorities to commit to green initiatives and combatting climate change.

/crime

Macquarie Asset Management to pay nearly $80 million in SEC fraud charges

Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades.

/payments

Walmart to offer instant bank payments

Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts.

/crypto

Visa and dtcpay team on crypto-to-fiat card

Singapore's dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates.

/retail

Deutsche Bank to close branches in favour of video advice

Deutsche Bank is to shutter a “mid-double-digit number” of branches while investing in telephone and video channels for providing personal advisory services to customers.

/people

Former TSB boss Pester becomes chair of wealthtech startup Firenze

Former TSB and Virgin Money boss Paul Pester has taken on the role of chair at Firenze, a Manchester-based embedded finance startup that helps wealth managers offers customers loans secured against their investment pots.

/security

Starling warns of rise in voice cloning scams

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research from Starling Bank.

/payments

Card rewards startup Yonder raises £23.4 million

Rewards credit card startup Yonder has raised £23.4 million in new funding at a post-money valuation in excess of £100 million.

/markets

NeoXam to acquire EZOPS

French software house NeoXam has announced plans to acquire EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.

/security

HSBC pilots quantum-safe technology for digital gold

HSBC has successfully trialled the first application of quantum-secure technology for buying and selling tokenised physical gold.