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/ai

Skyfire payments network for AI agents exits beta

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

/people

Zopa hires Visa Europe data lead as chief analytics officer

UK-based digital bank Zopa has appointed Visa Europe head of data science Jeremy Penzer as chief analytics officer.

/payments

Klarna to file for IPO next week - Bloomberg

Buy now, pay later giant Klarna is looking to file its initial public offering as early as next week, according to sources quoted by Bloomberg.

/payments

PSR to take action against card schemes after 25% hike in fees

The UK's Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.

/crypto

Emirates NBD enters cryptocurrency space

Emirates NBD's digital banking unit Liv has added cryptocurrency trading to its mobile banking app.

/payments

Google Wallet opened up for least-cost routing in Australia

Australian Payments Plus (AP+) has worked with Google to roll out eftpos functionality and least-cost routing (LCR) on transactions made via Google Wallet, giving merchants the options to move away from costly card scheme networks.

/retail

UK banks hit a month of outages in the last two years; Barclays to pay out millions for IT downtime

Nine of the top banks and building societies operating in the UK accumulated at least 803 hours - the equivalent of more than 33 days - of tech outages in the last two years, new data published by the Treasury Committee shows.

/crime

CFIT publishes Digital Company ID plan to slash UK fraud

The Centre for Finance, Innovation and Technology (CFIT) has unveiled plans for a digital company ID that it says could help slash fraud and save British businesses billions of pounds every year.

/security

FS-ISAC offers payment card industry guidance on quantum computing risks

With work on quantum computing gaining momentum, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has issued guidance to help the payment card industry mitigate risks posed by the technology.

/ai

Grain raises $50m for AI-driven FX optimisation and hedging platform

Startup Grain has raised over $50 million to launch an AI-driven foreign exchange optimisation and hedging platform.

/startups

Flex raises $25m to build all-in-one business and personal financial management platform

Flex, a fintech that helps business owners automate their back offices, has raised $25 million in an equity round led by Titanium Ventures.

/payments

HSBC partners TreviPay on e-commerce trade offering

HSBC is teaming up with B2B payments and invoicing network TreviPay to boost the digital purchasing experiences for businesses by offering flexible payment options and financing at the point of sale.