clear
clear

/security

Australia moves one step closer to roll out of Confirmation of Payee

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design specs for a new national Confirmation of Payee service, providing another layer of protection against scammers.

/payments

Google integrates Greenlight card into smartwatch for kids

Users of Google's new kid-focused smartwatch will be able to connect a debit card from Greenlight Financial Technology for contactless payments.

/inclusion

MUFG invests $393m in Filipino fintech Mynt

Philippines-based mobile payment and credit service Mynt has seen its valuation soar to $5 billion after Japan's MUFG and local investor Ayala each pumped $393 million into the GCash wallet operator.

/ai

CommBank to equip all staff with AI training modules

Commonwealth Bank of Australia is rolling out an AI microlearning series to all employees.

/retail

Royal Mint turns waste into gold

The UK's Royal Mint has set up an industrial plant to extract gold from discarded circuit boards.

/payments

X working on 'payments' button

Social network X could be close to adding a payments button as it builds towards Elon Musk’s ambitions of transforming the platform into an "everything app" where users can conduct their "entire financial life".

/retail

US fintech Octane raises $50m

Octane, a fintech focussed on enabling "major recreational purchases", has raised $50 million in a Series E funding round.

/inclusion

Mexican fintech Stori raises $212 million

Mexican fintech unicorn Stori has raised $212 million in equity and debt financing.

/security

Santander circulates deepfakes to raise awareness of scam threat

Santander has launched a campaign to demonstrate the threat to consumers from 'deepfake' videos circulating on social media platforms.

/ai

CIBC to hire 200 data and AI specialists

Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month

/payments

JP Morgan preps more biometric payment pilots

JP Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.

/payments

Varo picks Marqeta as issuer processor

American digital bank Varo has inked a five-year issuer processor deal with Marqeta.