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/retail

Santander mobile app suffers three-hour outage

Santander UK's mobile app was hit by a three-hour outage on Monday morning, leaving thousands of customers unable to access their accounts.

/payments

Lithuanian fintech kevin declared insolvent

Payments startup kevin has been declared insolvent by a Lithuanian court

/payments

Wise launches invoicing tool for SMEs

Money transfer fintech Wise has debuted an online invoicing tool targetting small businesses (SMEs).

/retail

UK consumers turn away from branch banking

British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.

/regulation

Nasdaq expands digital bank presence in Latin America

Digital bank Nubank has selected Nasdaq's regulatory reporting system, AxiomSL, for its Latin American offering.

/crypto

PayPal uses stablecoin to invest in blockchain risk management startup

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

/crypto

Indian Supreme Court YouTube page hacked to promote XRP

The Indian Supreme Court's official YouTube channel has been hacked and used to show videos promoting Ripple Labs' XRP crypto token.

/regulation

UK government takes aim at late payments laws

A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.

/sustainable

Sustainable Finance Live 2024: UK Foreign Secretary pledges to prioritise nature and climate finance

In a speech at Kew Gardens on Monday, UK Foreign Secretary David Lammy spoke on how the UK government will be realigning its priorities to commit to green initiatives and combatting climate change.

/crime

Macquarie Asset Management to pay nearly $80 million in SEC fraud charges

Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades.

/payments

Walmart to offer instant bank payments

Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts.

/crypto

Visa and dtcpay team on crypto-to-fiat card

Singapore's dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates.