/crypto
Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.
6 hours
/people
German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.
8 hours
/payments
Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.
9 hours
/security
The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.
11 hours
Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.
/startups
Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.
20 hours
/sustainable
Team AgriEco Hub and Team 3 (NatureDelta) have been announced as the winners of this year’s hackathon, which took place in partnership with NayaOne alongside the conference.
14 October 2024
Russia is pushing for the creation of a new cross-border payment system for Brics countries as part of a scheme that would help the country to evade financial sanctions and reduce its reliance on the US dollar.
/identity
Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.
Revolut is rolling out a POS terminal device for larger businesses in the UK and Ireland in advance of Black Friday and the busy festive shopping season.
/retail
Credit Referencing Agency AperiData has released a real-time open banking credit score to help lenders more accurately guage the ability of applicants with limited credit history to repay their debt.
Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.
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