Lloyds and Mercore Complete Landmark Secondary Trade Using Digital Bills
Lloyds Bank and trade finance platform Mercore have successfully executed a series of secondary trade transactions using digital documentation, marking a significant leap forward in trade finance innovation. The transactions involved ... Read More
Monzo Takes Key Step Toward IPO with Morgan Stanley on Board
UK digital banking leader Monzo is reportedly moving closer to a long-anticipated IPO, with Morgan Stanley lined up to present the company to investors. According to Sky News sources, Monzo is expected to formally hire bankers within the ... Read More
Nubank Launches Tap-to-Pay Pix for Seamless In-Store Payments
Brazilian digital bank Nubank is introducing a new feature that enables customers to make in-store purchases simply by tapping their phones, using the country’s popular Pix instant payment system. The rollout is available to users who ... Read More
Investing App Stash Raises $146M to Expand AI Financial Guidance Tools
US-based investing platform Stash has secured $146 million in an oversubscribed Series H funding round led by Goodwater Capital. The raise also saw participation from Union Square Ventures, StepStone Group, Serengeti, the University of ... Read More
BitGo Secures MiCA Licence for EU-Wide Crypto Custody Expansion
BitGo has become one of the first non-EU companies to receive a crypto custody licence under the European Union’s new Markets in Crypto Assets (MiCA) directive. The US-based digital asset custodian was awarded the licence by Germany’s ... Read More
February Bank Outages Hit 1.2 Million UK Customers, Report Finds
Over 1.2 million UK customers were impacted by a widespread banking outage on February 28, according to a new House of Commons report. The disruption hit four major high street banks—Lloyds, TSB, Nationwide, and HSBC—on a critical ... Read More
UniCredit Signs 10-Year Deal with Google Cloud to Power Digital Transformation
Italian banking giant UniCredit has entered into a 10-year strategic agreement with Google Cloud to drive its digital transformation across 13 markets. The memorandum of understanding (MoU) marks a major investment in cloud infrastructure ... Read More
Meta Explores Stablecoin Integration for Payouts Amid Renewed Crypto Interest
Meta is reportedly in talks with crypto infrastructure firms about integrating stablecoins into its platforms to manage cross-border payouts more efficiently, according to Fortune. The move would mark a cautious return to digital assets ... Read More
Ex-Celsius CEO Mashinsky Sentenced to 12 Years for Crypto Fraud
Alexander Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison after pleading guilty to charges of securities and commodities fraud. His sentencing marks another major blow in the crypto industry’s ... Read More
Google Deploys Gemini Nano LLM to Combat Evolving Online Scams
Google is doubling down on its fight against online scams by integrating its on-device large language model, Gemini Nano, across Chrome and Android. The move comes as part of a broader initiative outlined in Google’s newly released ... Read More