/payments
The European Payments Initiative’s Wero wallet is likely to accelerate adoption of A2A payments, with 37% of payment executives anticipating it will significantly offset card transaction growth by 2027, claims a Capgemini report.
11 September 2024
/crypto
Standard Chartered has launched a digital asset custody service in the UAE.
Global banking co-operative Swift is moving forward with plans to offer member banks access to emerging digital asset classes and currencies over its network, covering a range of use cases in payments, securities, FX, trade and beyond
/markets
The new Labour Government says it remains committed to taking forward the Private Intermittent Securities and Capital Exchange System (Pisces), a bespoke regulated market for private company shares.
Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72 million.
/retail
NatWest has become the latest of the UK's big mortgage lenders to join the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.
Finnish-founded card issuer and payment processor Enfuce is bringing its two-in-one debit and credit card to the UK, France and Germany.
/security
Americans lost more than $5.6 billion in cryptocurrency-related fraud scams in 2023, a 45% rise on the previous year, according to the FBI.
/ai
Join us at our inaugural London event this November to redefine the role of AI in financial services.
10 September 2024
UK account-to-account payments platform Form3 has raised a total of $60m in C-series extension funding with new investor British Patient Capital leading the way with a $10 million punt.
/startups
Outward VC, a London-headquartered early-stage venture capital fund, has closed on a £51 million fund to back early stages founders operating on the intersection of fintech and connected sectors.
/wholesale
Barclays Bank has joined with major US and EU financial institutions in a $26 million funding round for syndicated loan platform Versana.
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