/ai
The FCA is launching an AI Lab to work alongside banks, tech firms, academia and consumer groups to explore how AI can be safely and effectively integrated into financial services
17 October 2024
/payments
Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.
Wearable payments outfit MuchBetter is to offer free contactless ceramic payment rings to everyone in the UK.
/crime
62.1% of UK consumers see mobile app fraud as a top concern, with 50% also citing hacking as a fear, according to findings from the Open Worldwide Application Security Project (OWASP) and Appdome.
/markets
The Prague Stock Exchange is implementing distributed ledger technology in the settlement of securities under the EU's DLT pilot regime.
Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its growth plans.
16 October 2024
/wholesale
With 500,000 businesses now on its books, digital challenger Monzo has launched a new subscription-based premium product plan, opening up a host of new services.
/retail
Zopa Bank has won a deal with high street retailer John Lewis to to offer personal loans to its 23 million customers.
/security
Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.
/people
Lilia Christofi, formerly Microsoft’s head of banking in Emea, has joined PwC to lead the consulting firm's financial services data and AI team.
/crypto
The Depository Trust and Clearing Corporation (DTCC) has created a sandbox to test groundbreaking technology for the digital asset industry.
Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.
15 October 2024
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