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Mastercard joins Tips cross-currency pilot

June 1st 2026

Mastercard is working with Denmark’s and Sweden’s central banks to pilot instant cross-currency payments on the Eurosystem’s Target Instant Payment Settlement (Tips) platform.

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National Bank of Canada leads $25 million Series C extension in Sardine

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Fintech Yotta fined $1 million for Synapse deception

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Mercury raises $200 million

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Trump asks Fed to explore giving fintechs access to payment rails

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Chase launches digital bank in Germany

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Santander’s Getnet highlights ‘invisible’ payments as strategic growth driver

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Euro stablecoin joint venture Qivalis adds 25 new banks

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Primer raises $100 million to bring AI to every payment

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Mastercard fires shots at fake online storefronts

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Revolut rolls out crypto debit card

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TSB reports spike in impersonation scams

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Deutsche Bank applies AI to third party vendor risks

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NMI acquires Dwolla

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Lloyds and BankiFi partner on free Making Tax Digital tool for SMEs

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Private markets fintech bunch lands $35 million Series B

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Standard Chartered to cut 7800 jobs as AI takes over the back office

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Monzo reports bumper jump in profits

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RBA moves from experimentation to commercial realisation of tokenized asset markets

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HSBC automates remortgages

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Non-profit fintech Legacy aims to upend charitable giving

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