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Ox Security closes Series B at $60 million

May 9th 2025

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Taurus launches interbank network for digital assets

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Wise to build Hyderabad hub

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Lloyds Banking Group accelerates AI development with Google Cloud

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BofE eyes AI’s risk to financial stability

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Kraken and Mastercard team on crypto debit cards

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US justice department disbands crypto fraud team

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FCA to make it easier for startups and innovative products to get to market

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DBS Bank and Bank of China customer records compromised in ransomware attack

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Revolut fined €3.5 million by Lithuanian central bank for AML failings

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Ryft raises £5.7m to take on Stripe Connect and Adyen

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Bitcoin-backed lending platform Firefish raises $1.8m seed funding

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Americans lost $3bn to impersonation scams in 2024

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Earned wage access fintech DailyPay sues NY AG: Rain raises $75 million

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OCC reports ‘major incident ‘ email hack to Congress

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BofA staffers embrace AI virtual assistant

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Restaurant payments and loyalty app Blackbird raises $50m

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Ripple to acquire prime brokerage Hiddden Road for $1.25 billion

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NatWest invests in Yonder

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Hawk raises $56m for AI-powered fraud prevention

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Turkey’s Sipay raises $78 million

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Félix raises $75 million for WhatsApp-based stablecoin remittance platform

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Mondu expands B2B payment network across Europe with Payin3 and Lemonway

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Luxembourg banks pick LuxHub as VoP provider

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Brazil to add instalment payments to Pix

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AI comes to the C-Suite: Standard Chartered appoints AI enablement chief

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Contactless dominates UK spending

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Santander ‘Scamtracker’ shows customers lost £18 million to fraud in the first quarter

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Revolut automates recruitment: The AI will interview shortly

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Juspay raises $60 million

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Innovate Finance calls on the Government to set up National Anti-Fraud Centre

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