/payments
Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.
24 February 2025
/regulation
The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.
/ai
Singapore's DBS Group expects to dispense with 4000 contract and temporary emloyees over the next three years as AI takes centre stage.
/retail
The Automoblie Association (AA) is to open savings and loan accounts for members and the wider market using embedded finance tools from NatWest Boxed.
Nexi is to begin connecting the first German merchants to the Wero wallet from the European Payments Initiative in the third quarter of this year, shortly after the launch of the bank-backed digital wallet for German e-commerce in the summer.
/crypto
Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.
Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets.
21 February 2025
The UK government is inviting bidders for a £49 million contract to embed open banking technology into its Gov.UK Pay payments platform.
/startups
Forbes has released its annual Fintech 50 list for the tenth year, highlighting the top growing fintech businesses in the industry.
UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.
The Securities and Futures Commission (SFC) outlined a 12-point strategy today to boost Hong Kong’s virtual asset (VA) market.
Crunchbase is getting an AI-powered makeover, moving away from historical company data towards predictive intelligence that it says will help users forecast with unerring accuracy how private firms are set to grow, what their funding rounds will look like, and future acquisitions.
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