Andalusia Labs, a blockchain security solutions firm, has raised $48 million in a Series A funding round, achieving a valuation of $1 billion.

TSB has today launched a new customer rewards portal offering customers discounts and savings across several retail products and services. 

The new portal, My TSB Rewards, will be available to customers in the TSB Mobile Banking app and Internet banking – rewarding them with offers and discounts when banking with TSB. The new offers in My TSB Rewards include:

Visa, a global leader in payments, today announced the commercial launch of Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token fraud at its source. Available as a value-added service for clients, VPI uses machine learning to rate the likelihood of fraud for token provisioning requests, helping financial institutions prevent fraud in a targeted way and enable more seamless and secure transactions for Visa cardholders.

River, a leading Bitcoin technology and financial services company, launches River Link, enabling global Bitcoin payments via text message. Users can send a River Link via text, email, WhatsApp, Signal, Telegram, or any other messaging app. Recipients can claim Bitcoin sent via River Link to any wallet, anywhere in the world. 

UnionPay International recently partnered with Trip.com, the world's leading online travel agency (OTA), to provide UnionPay cardholders an enhanced payment experience in a partnership that coincides with the gradual recovery of the cross-border tourism market.

Kapital a global bank and tech platform, announced today that it has closed an oversubscribed $40 million Series B equity financing round and $125 million debt raise. Tribe Capital led the Series B, with participation from Cervin Ventures, Tru Arrow, MS&AD Ventures, Alumni Ventures among others.

Banking-as-a-Service (BaaS) is transforming the financial landscape for Millennials and Gen Z by blurring the lines between brands and banks. This trend is driven by the convenience and accessibility offered by embedded banking solutions. 

illimity Bank S.p.A., signed the UN Principles for  Responsible Banking (PRB), one of the most important sustainability frameworks in the financial sector. The PRB has 338 signatories worldwide, representing approximately 54% of global banking assets, as well as $ 98.7 trillion in total assets. 

Infor®, the industry cloud company, today announced that Europe's largest ventilation company, Systemair, is moving its core business system to Infor CloudSuite Manufacturing, aiming at smoother integration of newly acquired companies and developing new types of products and services.

In a landmark event for both wholesale finance and digital asset markets, the initiation of the Sterling Fnality Payment System brings together for the first time the safety and institutional quality of central bank funds in a systemic wholesale payment system with the innovative functionality and resilience of blockchain technology. Lloyds Banking Group, Banco Santander and UBS have all played a critical role as initial participants in the £FnPS. The inaugural live payments in this first phase of the new digital FMI and regulated payment system have taken place