/sustainable
The Advertising Standards Authority has upheld a claim against greenwashing by Lloyds Banking Group, banning an advert that burnished the bank's environmental credentials but failed to mention its ongoing support for fossil fuel polluting industries.
18 December 2024
/people
A tech enrepreneur has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee.
/payments
Account-to-account payments fintech Volume has raised $6 million to scale its operations across the UK and Europe.
/retail
Hearing-impaired customers of Monzo can now chat with the bank's customer support team via SignLive, an online interpreting service for British Sign Language (BSL).
/crypto
Stablecoin payments infrastrcuture firm BVNK has secured a $50 million Series B round to expand its operations in the United States.
17 December 2024
Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers.
Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.
Brazil's Nubank has led a $250 million investment round in Tyme Group, a digital bank with operations in South Africa and the Philippines.
/security
A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.
Ripple has commenced the roll out of its RLUSD stablecoin on global exchanges Uphold, Bitso, MoonPay, Archax, and CoinMENA, with more in the pipeline.
National Australia Bank says it expects to phase out passwords for internet banking within the next five years, replacing the security measure with passkeys and biometric recognition technology.
/wholesale
UK supply chain finance platform Demica is about to be swallowed up by US financial technology provider FIS Global, according to Sky News.
16 December 2024
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