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/crypto

Robinhood to buy crypto firm Bitstamp for $200m

Trading app Robinhood has agreed a $200 million cash deal to buy crypto exchange Bitstamp in an effort to expand outside of the US and accelerate its push into digital assets.

/startups

Former Barclays CPO Megan Caywood Cooper launches AI wealthtech

Megan Caywood Cooper, former Barclays chief product officer and Starling chief platform officer, has announced her new AI wealthtech Caywood, at Money 20/20 today.

/startups

'Mastercard for Fintechs' to blaze a trail for startups across Western Europe

Mastercard has launched 'Mastercard for Fintechs', a dedicated programme for startups in Western Europe, offering access to technology support and educational tools alongside a series of fintech events with the opportunity to compete for the chance to win €50,000.

/payments

Lawyers of Wirecard boss Braun down tools due to lack of funds

Markus Braun, the disgraced ex-boss of Wirecard, has been forced to rely on state provided legal support after his former lawyer quit because of lack of funds.

/startups

Digital receipt startup Slip raises £2.5 million

Slip, a female-founded fintech startup which helps physical stores digitise receipts to unlock customer insights, has raised £2.5 million.

/regulation

CFPB says startups and consumers must have say in open banking standard setting

The Consumer Financial Protection Bureau (CFPB) has taken another step designed to promote open banking in the US, finalising a rule for recognising data sharing standards and preventing incumbents from "squelching" startups.

/regulation

Australia introduces BNPL rules

Australia's government is prepping legislation that would require buy now, pay later providers to carry out basic credit checks on new customers.

/ai

ABN Amro turns to AI for trade finance automation

Dutch bank ABN Amro is working with AI platform Complidata to automate its trade finance operations.

/inclusion

Peru signs for India's UPI tech

Peru is the latest country to enlist NPCI International Payments to help build a real-time payments system based on India's UPI.

/people

François Hollande: Fintech investment is key

The former French President, François Hollande, gave a keynote session at Money 20/20 speaking on the current state of French technology investments and about how he turned France into a Fintech hub.

/markets

Texas Stock Exchange raises $120 million to take on Nyse and Nasdaq

A new stock exchange backed by BlackRock and Citadel Securities is being established to take on the New York Stock Exchange and Nasdaq.

/ai

Bunq leverages NVIDIA AI to debunk financial fraud

Dutch neobank bunq this week announced their partnership with NVIDIA to combat fraudsters with the help of accelerated computing and AI.