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Reserve Bank of Australia to introduce caps on interchange fees

March 31st 2026

The Reserve Bank of Australia is to ban merchant surcharging and cap interchange fees in an effort to boost competition in the payments sector.

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NatWest goes live with Pexa digital mortgage platform; offloads Mentor HR consultancy unit

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Aviva launches insurance app on ChatGPT

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Visa becomes Canton Network super validator

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Monument Bank to tokenise retail deposits

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Solaris bids to become ‘Europe’s first AI-native bank’

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VC investors call on EC to promote quantum computing

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ECB board member calls for digital euro

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Spade raises $40m to build data and AI platform

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Solana Foundation launches financial developer platform

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New York state force stores to accept cash

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Revolut reports bumper profits

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HSBC appoints first chief AI officer

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PRA hits The Bank of London with £2 million penalty for “failing to act with integrity”

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Aveni selected by Quilter to introduce AI into advice operations

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SumUp to provide in-app investing to merchant clients

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Revolut reports record profits

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Venmo lets users send money to PayPal accounts around the world

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Bank of Ireland equips staff for AI-driven future

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FCA criticised over using sensitive data in AI trial with Palantir

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Talos and Nasdaq forge path to managing both on- and off-chain collateral workflow

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