/people
Lloyds is planning to cut hundreds of permanent IT employees working in the UK, whilst simultaneously hiring IT engineers in similar roles in India.
07 March 2025
/ai
SoSafe’s report explores the global tension between AI adoption and the associated security risks, highlighting the views of 500 global security professionals and 100 SoSafe customers across 10 countries.
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.
UK-based digital bank Zopa has appointed Visa Europe head of data science Jeremy Penzer as chief analytics officer.
/payments
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.
06 March 2025
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's digital banking unit Liv has added cryptocurrency trading to its mobile banking app.
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
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
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
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.
Startup Grain has raised over $50 million to launch an AI-driven foreign exchange optimisation and hedging platform.
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