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Bitcoin now accepted for day and boarding school Lomond fees

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Bitcoin now accepted for day and boarding school Lomond fees

Lomond School has become the first UK school to accept bitcoin for school fees, partnering with providers CoinCorner and Musquet.

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

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Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

Block to pay $40m penalty for AML failures

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Block to pay $40m penalty for AML failures

Block will pay a $40 million penalty to New York regulators for "significant failures" in anti-money laundering programme and virtual currency compliance failures on its Cash App platform.

House of Representatives kills CFPB oversight of Big Tech payment apps

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House of Representatives kills CFPB oversight of Big Tech payment apps

The US House of Representatives has followed the Senate in voting to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants such as Apple, Google and X, that offer digital payment apps and wallets.

Anthropic hires former Stripe exec Guillaume Princen to lead European expansion

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Anthropic hires former Stripe exec Guillaume Princen to lead European expansion

AI coding platform Anthropic has hired Guillaume Princen, the architect behind Stripe's European operations, as head of Emea, as the firm prepares to hire 100 new staff for a push into Europe.

BaaS platform Solid files for bankruptcy

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BaaS platform Solid files for bankruptcy

US Banking-as-a-Service platform Solid has filed for Chapter 11 bankruptcy protection.

Visa invests in spend management platform Mynt

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Visa invests in spend management platform Mynt

Visa has invested in Swedish spend management firm Mynt alongside an expanded reseller agreement across Europe.

BofE eyes AI's risk to financial stability

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BofE eyes AI's risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England's Financial Policy Committee warns.

Lloyds Banking Group accelerates AI development with Google Cloud

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Lloyds Banking Group accelerates AI development with Google Cloud

Lloyds Banking Group is building a new machine learning (ML) and Generative AI (GenAI) platform using Google Cloud’s Vertex AI.

Wise to build Hyderabad hub

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Wise to build Hyderabad hub

UK-based fintechs Wise and Revolut are both doubling down in India, with the former building a hub in Hyderabad that will employ hundreds of new and the latter securing a license to issue prepaid cards and wallets in the country.

Kraken and Mastercard team on crypto debit cards

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Kraken and Mastercard team on crypto debit cards

Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.

US justice department disbands crypto fraud team

/retail

US justice department disbands crypto fraud team

The US Department of Justice is disbanding its national cryptocurrency enforcement team.

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