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/payments

UniCredit taps Wise Platform for cross-border retail payments service

Italian bank UniCredit has partnered Wise to develop an international payment service for retail customers.

/ai

Lloyds trumpets GenAI knowledge hub's impact

Lloyds Banking Group has built an AI knowledge hub that slashes the time it takes customer-facing employees to answer queries.

/crypto

Standard Chartered launches bitcoin spot trading

Standard Chartered has become the first global systemically important bank to offer digital asset spot trading to institutional clients.

/regulation

Government vows to make UK 'fintech capital of the world'

The UK government is promising bespoke support for financial technology firms as they start, scale and list as it vows to make the country the "fintech capital of the world".

/payments

BofE sets out model for delivering National Payments Vision

The UK is overhauling its approach to retail payments infrastructure, with a greater role for the Bank of England and the creation of a new industry-led delivery company to work alongside Pay.UK.

/crypto

Lithuanian fintech granted first DLT licence in Baltics

Axiology, a Lithuania-based tech firm operating in the digital assets space, has been granted a licence from the Bank of Lithuania to carry out digital bond issuance via the blockchain.

/ai

AI up lad! Yorkshire launches AI investment fund

English county Yorkshire is bidding for a prime position in the UK's AI sector with the launch of an investment fund targetting AI startups.

/markets

Starling eyes NYSE listing

UK-based challenger bank Starling is considering listing on the New York Stock Exchange as part of its US expansion plans.

/ai

Rydoo buys accounts payable automation specialist Semine

Expense management provider Rydoo has acquired AI-powered accounts payable automation technology provider Semine. Financial terms were not disclosed.

/markets

Lloyds and Aberdeen Investments use tokenised collateral for FX trades

In a UK-first, Lloyds Banking Group and Aberdeen Investments have used tokenised real-world assets as collateral for foreign exchange trades.

/regulation

JP Morgan to charge fintechs for customer data

Fintechs wanting access to banks' customers' data may have to pay for the privilege, according to a report from Bloomberg on US bank JP Morgan.

/cloud

Survey suggests boom in banks' cloud adoption

The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey.