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/regulation

Judge temporarily blocks CFPB open banking rule

A US judge has granted a preliminary injunction that temporarily blocks enforcement of the Consumer Financial Protection Bureau's open banking rule.

/people

Bowman to axe 30% of the Fed's bank-supervision staff

US Federal Reserve chair Michelle Bowman will cut 30% of staff in the bank-supervision unit, according to an email sent to staff on Thursday.

/inclusion

Lloyds expands partnership with MyPocketSkill to boost financial literacy

Lloyds Bank is scaling up its partnership with financial education platform MyPocketSkill to encourage positive money habits in 13-25 year-olds.

/Sibos

BNY executives on combatting CX fragmentation and integrating AI

At Sibos 2025 in Frankfurt, Finextra spoke to BNY executive platform owner of payments platform Isabel Schmidt, and executive platform owner for treasury services Carl Slabicki, on everything AI, blockchain, and cross-border.

/crypto

Coinbase and Tink bring Pay by Bank crypto payments to Germany

Coinbase is teaming up with Visa-owned open banking specialist Tink to enable crypto purchases via Pay by Bank in Germany.

/retail

SavvyMoney scores $225m investment

SavvyMoney, a provider of financial wellness tech to banks, credit unions and fintechs, has secured a $225 million minority investment.

/markets

Shawbrook shares rise on LSE debut

Shares in Shawbrook rise more than six per cent on the specialist lender's first day of trading on the London Stock Exchange.

/crypto

Digital euro could get 2027 pilot ahead of 2029 launch

The European Central Bank says it could launch a digital euro pilot in 2027 ahead of a 2029 launch for the CBDC.

/crypto

Mastercard closes in on $2bn deal to buy crypto firm Zerohash - report

Mastercard is in late-stage talks to buy crypto and stablecoin infrastructure platform Zerohash for up to $2 billion, according to Fortune.

/people

Monzo taps former Google exec Layfield to replace CEO Anil

Former Google and Standard Chartered executive Diana Layfield has been appointed CEO of UK digital bank Monzo, taking over from TS Anil, who is stepping down after five years in the role.

/cloud

MS Azure outage raises questions over cloud dependencies

The spotlight has once again been shone on the prominent role played by a small number of cloud computing providers after an outage suffered by Microsoft's Azure platform

/ai

UK startups lacking AI expertise at board level

UK startups and scaleups are being urged to address an absence of AI skills within their boardrooms, according to a recently published report