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/payments

Klarna BNPL integrates with Apple Pay

Klarna buy now, pay leter credit is now available to users checking out on Apple Pay online and in apps with an iPhone and iPad.

/crypto

Stripe in talks to acquire stablecoin platform Bridge

Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.

/ai

FCA to open AI Lab

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

/payments

Worldline moves into account-to-account payment market

Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.

/payments

MuchBetter to offer free payment rings to UK consumers

Wearable payments outfit MuchBetter is to offer free contactless ceramic payment rings to everyone in the UK.

/crime

Over 62% of UK cite mobile app fraud as top concern

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

Prague Stock Exchange debuts DLT-based settlement system

The Prague Stock Exchange is implementing distributed ledger technology in the settlement of securities under the EU's DLT pilot regime.

/payments

Klarna sells UK loan book to hedge fund Elliot Avdisors

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.

/wholesale

Monzo launches new premium plan as business customers surpass 500,000

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 embeds loan product with John Lewis

Zopa Bank has won a deal with high street retailer John Lewis to to offer personal loans to its 23 million customers.

/security

Swift unveils AI-powered real-time fraud barrier

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

Microsoft banking lead Christofi joins PwC as partner

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.