/retail
The fallout from the collapse of Synapse continues, with several partner banks facing a lawsuit alleging mishandling of customer funds, and one of those banks insisting that end user funds it once held were moved by the BaaS platform before it went bankrupt.
4 hours
/payments
UK payments group SumUp says it is no hurry to go public as it surpasses one billion transactions per year.
8 hours
/startups
Two ex-Revolut employees have raised $2.3 million in pre-Seed funding to build Bleap, a self-custodial stablecoin app with an accompanying debit card.
9 hours
/ai
Australia's Commonwealth Bank says early implementation of GenAI is helping it to substantially reduce fraud rates.
/security
Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.
/regulation
The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.
10 hours
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.
19 hours
Australia bank ANZ has teamed up with vendor DataCo on a platform that uses de-identified customer and transactional data to provide businesses with useful insights
Research published by the Payment Systems regulator indicates that reimbursed fraud victims feel more vigilant about fraud risks, not less.
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.
27 November 2024
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.
/people
UK digital challenger bank Starling has hired TSB's Adeel Hyder as managing director of SME banking.
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