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/retail

Monzo introduces Sign Language chat

Hearing-impaired customers of Monzo can now chat with the bank's customer support team via SignLive, an online interpreting service for British Sign Language (BSL).

/crypto

Stablecoins are hot! BVNK scores $50 million to expand across the US

Stablecoin payments infrastrcuture firm BVNK has secured a $50 million Series B round to expand its operations in the United States.

/payments

Morgan Stanley becomes first investment bank to deploy Wise platform

Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers.

/payments

Neonomics files complaint over anti-competitive practices in Norway's payments market

Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.

/retail

Nubank leads $250 million investment round in Tyme Group

Brazil's Nubank has led a $250 million investment round in Tyme Group, a digital bank with operations in South Africa and the Philippines.

/security

PSR calls for data sharing between banks and technology platforms to combat APP fraud

A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.

/crypto

Ripple begins stablecoin roll out

Ripple has commenced the roll out of its RLUSD stablecoin on global exchanges Uphold, Bitso, MoonPay, Archax, and CoinMENA, with more in the pipeline.

/security

NAB sets five-year goal to phase out passwords

National Australia Bank says it expects to phase out passwords for internet banking within the next five years, replacing the security measure with passkeys and biometric recognition technology.

/wholesale

FIS set to buy Demica

UK supply chain finance platform Demica is about to be swallowed up by US financial technology provider FIS Global, according to Sky News.

/crypto

FCA takes next steps in developing regulated crypto regime

The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.

/retail

Current raises $200 million to fast-track profitability

US personal finance app Current is aiming for profitability in 2025, raking in $200 million in fresh capital after reporting a 90% increase in revenue over the past year.

/security

Australian regulator sues HSBC for failing to protect customers from scams

The Australian Securities and Investment Commission (Asic) is suing HSBC for failing to adequately protect customers scammed out of millions of dollars.