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/people

Following data breach, MoneyGram replaces CEO

Weeks after it suffered a major cyberattack, MoneyGram has replaced CEO Alex Holmes with Walmart executive Anthony Soohoo.

/regulation

NCino to buy FullCircl for $135m

Banking technology vendor nCino has struck a definitive agreement to acquire UK-based SaaS regtech platform FullCircl for $135 million in cash.

/ai

Mastercard rolls out first of a suite of GenAI assistants

Mastercard has launched a GenAI-based digital assistant designed to speed up customer onboarding.

/ai

ANZ overhauls operations

Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.

/wholesale

Standard Chartered and Ant International use blockchain for settlement of treasury transactions

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

/startups

MAS establishes Global Finance & Technology Network

The Monetary Authority of Singapore has established The Global Finance & Technology Network (GFTN) a not-for-profit organisation to harness technology, pump-prime startups and foster innovation in the fintech ecosystem.

/people

CEO of ethical bank Triodos UK to step down

Bevis Watts, the CEO of Triodos Bank UK, is to step down after a ten-year stint at the helm of the ethical bank.

/wealth

FusionIQ launches wealth management product for digital wallet providers

FusionIQ has unveiled a wealth management platform designed specifically for digital wallet companies.

/ai

Australia's Asic highlights governance lag in AI adoption

Australia's Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.

/retail

Santander cuts 1400 UK jobs

Banco Santander will axe 1425 jobs in the UK this year as part of a cost-cutting round and push to automate some work.

/cloud

Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

/markets

Aquis and Cboe team up for EU consolidated tape bid

Aquis Exchange and Cboe Europe are forming a joint venture to line up a bid to run the new European Union's equity consolidated tape.