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Deel acquires Wise competitor Atlantic Money

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Deel acquires Wise competitor Atlantic Money

Digital payroll vendor Deel has acquired Atlantic Money, a UK fintech startup set up to compete against money transfer giant Wise.

ECB publishes second progress report on digital euro

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ECB publishes second progress report on digital euro

The European Central Bank (ECB) has published its second progress report on the preparation phase of a digital euro, laying the foundations for the potential issuance of the CBDC.

Ripple joins Tenity DeFi fund

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Ripple joins Tenity DeFi fund

Swiss fintech incubator Tenity is expanding its focus on Decentralized Finance though an early-stage fund backing promising startups building blockchain-based services on Ripple's XRP ledger.

UK marks progress on creating digital ID for businesses

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UK marks progress on creating digital ID for businesses

A coalition of leading financial institutions and technology companies, led by the UK's Centre for Finance and Innovation Technology, has worked to design a digital company ID to make securing finance and conducting day-to-day business quicker and less vulnerable to fraud.

Norway joins Eurosystem’s instant payment service

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Norway joins Eurosystem’s instant payment service

Norway has struck a deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.

SumUp in 'no hurry' for IPO after surpassing one billion transactions per annum

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SumUp in 'no hurry' for IPO after surpassing one billion transactions per annum

UK payments group SumUp says it is no hurry to go public as it surpasses one billion transactions per year.

Hackers steal $17 million from Central Bank of Uganda

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Hackers steal $17 million from Central Bank of Uganda

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

Fintech hiring compensates for declining demand among banks for risk and compliance roles

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Fintech hiring compensates for declining demand among banks for risk and compliance roles

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

Spend management platform Spendesk launches payment institution

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Spend management platform Spendesk launches payment institution

French spend management platform Spendesk has launched a financial services division operating under a licence from Autorité de contrôle prudentiel et de résolution, giving the firm end-to-end control over its payment services infrastructure.

NextGen: AI: AI’s impact on regulation, operational resilience and customer experience

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NextGen: AI: AI’s impact on regulation, operational resilience and customer experience

With standards like the EU AI Act coming to the fore, and with the drive towards digital not slowing down, the last panel of the day discussed AI’s impact on regulation and customer experience.

NextGen: AI: Busting five AI myths

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NextGen: AI: Busting five AI myths

The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.

Deutsche Bank invests in Partior

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Deutsche Bank invests in Partior

Partior, the bank-backed fintech behind a ledger-based interbank system for real-time clearing and settlement, has secured a $20 million investment from Deutsche Bank, bringing its toal Series B funding round to $80 million

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