The Bank of England, the Monetary Authority of Singapore and the Bank of Thailand have joined forces to explore the technical and policy implications of settling foreign exchange (FX) transactions ...

Banks and insurers are actively moving key customer-facing processes to AI agents, according to new research from the Capgemini Research Institute.

Visa and Mastercard have agreed a revised settlement with US merchants that would lower credit card interchange fees and give retailers more control over which card types they accept ...

JPMorgan’s Kinexys and Singaporean bank DBS are collaborating on a new interoperability framework that will allow tokenised deposits to move between their blockchain ecosystems ...

ABN Amro Bank NV has agreed to acquire NIBC Bank from Blackstone Inc. for about €960 million, in a move the Dutch lender said will expand its retail footprint and bolster savings operations in the ...

Lloyds Bank’s group head of AI has said that the organisation is on track to meet its target of delivering £50 million worth of incremental value through 50 genAI use cases this year.

AI is making insurance and finance more accessible to people who would otherwise remain <br /> unbanked or uninsured, according to AXA’s chief information officer (CIO) Natasha Davydova.

PayPal has re-entered the UK retail landscape with a unified payment experience that spans online and in-store purchases, rolling out a free PayPal+ loyalty programme alongside new debit and credit ca ...

Italian banks have backed the European Central Bank’s plan for a digital euro, while pressing for the financial burden of implementation to be spread over time given high capital expenditure requireme ...

Nationwide has announced that it will continue to keep every one of its 696 Nationwide and Virgin Money branches open until at least 2030.

Starling Bank has partnered with Small Business Britain to boost female entrepreneurship and help women to start and grow their businesses.

The Bank of England (the Bank) has set out its proposed regulatory framework for sterling-denominated systemic stablecoins.