Industry News

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Crypto outfit Anchorage raises $80m

Hot on the heels of securing a national trust charter, digital asset outfit Anchorage has raised $80 million in a Series C funding round led by Singapore’s sovereign wealth fund GIC.

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NatWest launches Open Banking business payments

NatWest has launched an upgrade to its Open Banking payments service Payit that will allow businesses to send payments directly to customers without needing their bank details. The move aims to replace the use of cheques and bank transfers when…

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Liquidated Premier FX censured by FCA

The UK’s Financial Conduct Authority has publicly censured Premier FX, which is already in liquidation, for failing to safeguard customers’ money and misusing its payments accounts.

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Microsoft launches cloud platform for financial services

Technology giant Microsoft has announced the launch of its new cloud platform for the financial services market. Microsoft Cloud for Financial Services integrates existing and new capabilities in Microsoft 365, Azure, Dynamics 365, and Microsoft Power Platform.