clear
clear

/payments

Canada's Real-Time Rail set for testing phase

The technical build for Canada's Real-Time Rail (RTR) payments system is almost complete, with testing set to be carried out in autumn ahead of launch.

/markets

Thoma Bravo buys stake in Trading Technologies

Private equity giant Thoma Bravo has bought a stake in capital markets tech provider Trading Technologies (TT).

/ai

Ramp closes second raise in 45 days as AI fuels growth

Less than two months after raising $200 million at a $16 billion valuation, Ramp has pulled in another $500 million in a round that values the expense management startup at $22.5 billion.

/crypto

JPMorgan to let Chase customers link accounts to Coinbase crypto wallets

Millions of Chase customers will soon be able to directly link their accounts to Coinbase wallets, making it easier than ever for huge swathes of Americans to buy crypto.

/people

Santander slashes 2000 jobs in the UK

Banco Santander has slashed 2000 jobs in the UK as part of ongoing cost-saving measures.

/ai

Standard Chartered signs AI deal with Alibaba

Standard Chartered has signed an AI and cloud deal with Albibaba Group.

/payments

Klarna scores EMI licence in the UK

Buy now, pay later giant Klarna has scored an Electronic Money Institution licence from the UK's Financial Conduct Authority, paving the way for a full-frontal assault on the retail banking market.

/payments

Airwallex to double London office space as UK revenues soar

Business payments outfit Airwallex is to double its office space in London after experiencing 109% year-on-year growth in the UK.

/crypto

ZA Global leads $40 million round in Hong Kong stablecoin firm RD Technologies

Hong Kong-based financial conglomerate ZA Global has led a $40 million Series A2 round in local stablecoin issuer RD Technologies.

/people

CFIT appoints Anna Wallace as CEO

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA's former head of innovation Anna Wallace as CEO.

/payments

Worldline in talks to sell non-payments unit

French payments processor Worldline has entered exclusive talks over selling its digital services business to tech group Magellan Partners in a €410 million deal.

/payments

Apple and JPMorgan Chase close in on credit card deal

JPMorgan Chase is on the verge of closing a deal to replace Goldman Sachs as issuer for the Apple credit card, according to reports.