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Euroclear and Digital Asset team on tokenised collateral mobility

/crypto

Euroclear and Digital Asset team on tokenised collateral mobility

Post trade body Euroclear and blockchain firm Digital Asset have launched the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN).

Flanks raises €14m to automate wealth management

/wealth

Flanks raises €14m to automate wealth management

Barcelona-based wealth management platform Flanks has raised €14 million in an equity round led by Motive Ventures.

Crypto exchange OKX hit with $505m penalty over AML violations

/crypto

Crypto exchange OKX hit with $505m penalty over AML violations

The operator of the OKX crypto exchange will pay more than $504 million in fines and fees after admitting breaking US anti-money laundering laws.

Avalanche launches Visa crypto card

/crypto

Avalanche launches Visa crypto card

The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.

Lloyds hires Amazon exec to head up mortgages division

/people

Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

Indian government signs MoU with Paytm to promote fintech

/payments

Indian government signs MoU with Paytm to promote fintech

India-based payments giant Paytm is collaborating with the Indian government in an initiative designed to boost the growth of fintech startups in the country.

SEC drops another crypto case

/crypto

SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).

GoCardless partners Pipe to offer SMEs capital financing

/wholesale

GoCardless partners Pipe to offer SMEs capital financing

Bank payments fintech GoCardless has teamed up with embedded finance firm Pipe to offer small businesses direct access to capital financing.

PayPal partners Verifone for in-person payments push

/payments

PayPal partners Verifone for in-person payments push

PayPal is bidding to boost its in-person payments presence through a global partnership with Verifone.

Treasury management fintech Embat buys Necto

/wholesale

Treasury management fintech Embat buys Necto

Madrid-based treasury management startup Embat has acquired Necto, a US bank API connectivity specialist. Financial terms were not disclosed.

Revolutionising payments: How NextGen Nordics will lead the charge in 2025

/payments

Revolutionising payments: How NextGen Nordics will lead the charge in 2025

Get ready to ignite the future of payments with leaders from Sweden, Norway, Denmark, Finland, and Iceland. Explore how the Nordics have emerged as global pioneers in payment technology at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, the perfect opportunity to witness transformation of their own financial landscapes but also be part of the conversation that sets a model for the rest of the world.

Zopa moves to bigger London office

/retail

Zopa moves to bigger London office

UK-based digital bank Zopa has doubled its physical footprint in London following its move to a new office.

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