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NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

BigID rakes in $30m investment to bolster unicorn status

US data intelligence firm BigID has secured $30m in financing from global private equity investor Advent International.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

IntellectEU launches AI platform to bolster wealth management personalisation

Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

Dispersion Holdings eye AQSE market floatation

DeFi enterprise Dispersion Holdings is planning to apple for admission of its shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London.

FICO survey highlights evolving identity theft challenges in the online age

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.

Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

Nexi, Fiskl collaborate to bolster open banking services

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures

The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.

UK Chancellor examines case for new ‘Britcoin’ digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.
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