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Trade publication covering payments, fintech, fraud and financial crime.
Neonomics' existing shareholders put EUR 3.6 million into the Norwegian open banking firm after it cut operating costs by almost 50%. No outside investor joined, so the holders backing the restructured company are the ones who owned it before.
Reality
Standard Bank Group has signed a subscription agreement to invest in OPay, a deal that completes only if OPay's proposed NYSE IPO goes ahead. The amount is not disclosed, so the stake cannot yet be sized against anything.
Reality
Bank of England sees no urgent need for a retail digital pound, a Deputy Governor said on 12 October 2026. It expects three dominant sterling stablecoins at about EUR 46 billion of demand each, so the field for new issuers is narrow.
Reality
Airwallex now routes Walmart Marketplace payouts in USD and CAD straight into Global Accounts held in Canadian sellers' business names. Holding both lets a seller time conversion; the published terms do not show conversion costs disappearing.
Reality
A single actor used a free Chinese pentest agent and four commercial AI models to breach South Korean financial firms in about two weeks. The free, resold toolkit let one person breach several firms at once, and researchers expect adversaries to keep using it to lift their tempo.
Reality