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Latest news

CBDC collaboration ‘Project Icebreaker’ publishes learnings on cross-currency payments

The BIS Innovation Hub Nordic Centre, Bank of Israel, Norges Bank, and Sveriges Riksbank worked together to test cross-border transactions between different retail CBDCs.

Nuvei enters Australia as part of APAC expansion plans

The Canadian fintech’s chief executive officer Philip Fayer called it “a natural step”.

Zenus Bank launches Visa Infinite debit card in extension of partnership

The digital bank, which was founded in 2019, became a principal member of Visa in 2022.

SMEs wanting to demonstrate their financial health to lenders rises in 2023

Credit Passport by CRIF said an increasing number of its SME customers are placing importance on their lending profiles.

Adyen launches ‘Click to Pay’ to improve conversion at online checkouts

Click to Pay will “eliminate the need for consumers to manually enter their card details”, said Adyen’s global head of payments.

Open Banking Expo’s Women in Open Banking meet-up watched by 130 members worldwide

At the first Open Banking Expo Women in Open Banking meet-up in London, members heard from Ripple’s Sendi Young and American Express’ Holly Coventry about “authenticity” and “core values”.

Equisoft secures $125m investment to grow global digital transformation footprint

The Canadian company secured funding from new investors Investissement Québec and the Government of Québec to develop its life insurance and wealth offerings.

Tide becomes ‘first fintech’ to remove 100% of emissions

The fintech has also pledged to become a fully net zero business by 2030, by investing in durable carbon removal.

UK challenger banks lend more to SMEs in 2022 than incumbent banks

The UK’s challenger and specialist banks lent £35.5 billion to small businesses in 2022, exceeding the amount lent by incumbent banks.