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/security

Crooks use progressive web apps for new phishing scam

Security researchers have identified a new phishing technique using progressive web applications (PWAs) to target customers of banks in Eastern Europe.

/ai

Skyfire raises $8.5m to bring autonomous payments to AI agents

Former Google and Ripple executives have raised $8.5 million for a startup, called Skyfire, building a payments network that enables AI agents to make autonomous transactions.

/payments

Klarna acquires assets of bankrupt BNPL firm Laybuy

Klarna has acquired the assets of defunct buy now, pay later firm Laybuy in New Zealand.

/people

Starling inches towards IPO with search for head of investor relations

Starling Bank has launched a recruitment search for a group head of investor relations who will be charged with steering the company towards a possible IPO.

/retail

Molten Ventures feels the upside of Revolut's $45 billion valuation

Fintech VC Molten Ventures has seen the value of its £7 million initial stake in Revolut boosted to £160 million following the recent share sale which valued the SuperApp at $45 billion.

/retail

Transatlantic fintech alliance Fintilect goes live

Fintilect, a transatlantic alliance of three fintech firms owned by Parabellum Investments, has launched to provide banks with a full suite of AI-driven customer engagement tools.

/payments

Swiss banks turn on instant payments system

Consumers in Switzerland can now send and receive payments in seconds following the market launch of instant payments across the banking industry.

/payments

Brazil's Pix lands in Europe

Brazilian tourists in Spain and Portugal will soon be able to use the Pix instant payments system on their trips thanks to a partnership between PagBrasil and Wipay.

/payments

Citi inks referral agreement with Dubai's Network International

Citi has struck a referral agreement with Dubai-based Network International to offer the bank's corporate clients omnichannel payments services in the Middle East and Africa.

/payments

Adyen taps rival PayPal to offer Fastlane in the US

Adyen has struck a deal to offer rival PayPal's Fastlane guest checkout product to its enterprise and marketplace customers in the US.

/crypto

State Street selects Taurus to grow digital assets business

State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.

/payments

Mobile wallet operators band together on cross-border payments

Money movement company TerraPay has formed a 'Wallet Interoperability Council' with five leading payment operators to facilitate interconnection in cross-border transactions.