One in five Brits (22%) have asked their bank for a refund within the past 12 months for legitimate items and services purchased, new research has found.

While more than half (58%) of customers said they returned the money after realising their mistake, 36% ended up keeping the refund.

Younger consumers were found to be far more likely to have filed false chargeback claims, with two in five people (40%) aged 16–24 admitting to doing so within the past year.

KAST, the global platform built on stablecoin rails, announced today that Brad Jaffe, who led global communications at cryptocurrency exchange Binance for more than three years during a period of rapid global growth and regulatory evolution, has joined the company as Chief Communications Officer.

iDenfy, a global RegTech company that specializes in identity verification and fraud prevention services, announced the AI Company Reviewer, its smart Know Your Business (KYB) automation tool that acts as a virtual Data Verification Officer by cross-referencing company documents, government registry reports, and fraud signals against custom, easily configurable rules, helpingto approve, deny, or flag companies more easily.

Standard Chartered has been appointed as the digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets. This partnership will support the global markets infrastructure provider as it expands its matched principal trading activities.

Global Fintech leader Broadridge Financial Solutions, Inc., today announced a significant enhancement to its ProxyVote® platform that advances Pass-Through Voting capabilities for the asset management industry. Through the new enhanced experience, investors who are eligible for Pass-Through Voting can review and select their preferred voting policy immediately after completing their proxy ballot on ProxyVote.

Vivox AI, a UK-based technology company building regulator-ready, atomic AI agents for AML, KYB/KYC and financial crime, has raised £1.3 million ($1.6 million) in its first funding round to accelerate product development and scale its enterprise platform.