clear
clear

/ai

Nationwide consolidates data estate to pave the way for GenAI

Nationwide Building Society is to expand its use of Generative AI, after reporting a successful first implementation with Microsoft.

/retail

Monzo CEO and board debate IPO venue

As Monzo makes preliminary plans to go public, the UK digital challenger bank's CEO and board are reportedly at odds over whether to list in London or New York.

/payments

Egyptian PayTech MoneyHash raises $5.2 million

Egyptian payments platform MoneyHash has secured $5.2 million in pre-Series A funding to target emerging markets globally.

/payments

Standard Chartered revamps FX payments suite

Standard Chartered has launched SC PrismFX, a broad suite of foreign exchange and payment services tailored to the specific needs of banks, PayTech's and corporate clients.

/payments

MyPOS acquires French cash register company Toporder

London-based fintech myPOS has made its first acquisition, snappping up French cash register company Toporder.

/startups

Barclays shuts down Rise fintech accelerator programme

UK bank Barclays is shuttering its decade-old fintech accelerator programme, Rise.

/security

Bank of Ireland fraud prevention team received over 10,000 calls during festive period

Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.

/retail

Capital One customers hit by outage

Capital One says an issue with a third-party vendor that left some customers unable to access their accounts has been fixed.

/security

UK green fintech Tred winds up; blames APP fraud reimbursement rules

UK green fintech startup Tred is to wind down its business, blaming the shutdown on new reimbursement rules on authorised push payment fraud.

/payments

Swedish central bank calls for more action by banks on Tips cross-currency project

Sweden's central bank is calling on banks to join in the ongoing work to enable instant cross-currency payments within Europe via the Target Instant Payment Settlement (Tips) system.

/ai

Agentic AI: Citi GPS explores future of finance in the ‘do it for me’ economy

Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI), a cutting-edge advancement enabling AI systems to make decisions and execute tasks autonomously.

/crypto

Trump meme coin crashes as wife Melania joins the fray

Incoming US president Donald Trump briefly saw the capitalisation of his newly-minted meme coin $Trump more than halve upon the release of a similar crypto token by his wife Melania.