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/payments

Wells Fargo and Fiserv end merchant acquiring JV

Wells Fargo and Fiserv will end their long-running merchant acquiring joint venture next year.

/crypto

Man pleads guilty to illegally operating crypto ATM network

In a UK first, a man has pleaded guilty to illegally operating a network of crypto ATMs without FCA registration.

/regulation

FCA and BoE open digital securities sandbox

The UK's two main financial regulators, the Bank of England (BoE) and the Financial Conduct Authority (FCA), have announced the opening of its Digital Securities Sandbox (DSS).

/security

Ireland to grant National Cyber Security Centre emergency powers

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

/wholesale

Qonto announces European expansion

French neobank Qonto is set to open new offices in Austria, Belgium, Portugal and the Netherlands as part of a European expansion plan.

/people

Australia launches initiative to address tech talent shortage

The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.

/ai

Blackstone to build £10bn AI data centre in UK

Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.

/payments

Trinidad and Tobago to roll out India's UPI payments tech

Trinidad and Tobago is the latest country to sign up with NPCI International Payments for the development of a real-time payments system based on India's UPI.

/markets

UK ready to make 2027 T+1 switch without EU

The UK will push ahead with the move to a T+1 settlement cycle for securities trades by the end of 2027, regardless of whether the European Union makes the switch at the same time.

/startups

TrueLayer reports growth despite losses

TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.

/crime

Finextra & Eastnets unveil new data on the global state of trade-based financial crime

Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).

/regulation

Fraud, Error, and Debt bill proposed by UK Government

The UK’s Labour government has announced the Fraud, Error, and Debt Bill to tackle fraud by requiring financial institutions to share data that indicate potential benefit overpayments.