/retail
Bank of America is the latest US lender to double down on its branch network, pledging to open more than 165 "financial centres" by the end of 2026.
23 September 2024
/payments
JPMorgan Chase is testing a credit card product for customers of its UK digital challenger bank, according to Bloomberg.
Santander UK's mobile app was hit by a three-hour outage on Monday morning, leaving thousands of customers unable to access their accounts.
Payments startup kevin has been declared insolvent by a Lithuanian court
Money transfer fintech Wise has debuted an online invoicing tool targetting small businesses (SMEs).
British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.
/regulation
Digital bank Nubank has selected Nasdaq's regulatory reporting system, AxiomSL, for its Latin American offering.
/crypto
PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.
The Indian Supreme Court's official YouTube channel has been hacked and used to show videos promoting Ripple Labs' XRP crypto token.
20 September 2024
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
/sustainable
In a speech at Kew Gardens on Monday, UK Foreign Secretary David Lammy spoke on how the UK government will be realigning its priorities to commit to green initiatives and combatting climate change.
/crime
Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades.
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