Latest news headlines: Finextra Research

Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

18 mins

/ai

SMBC and Fujitsu partner on AI-powered data analytics business

Sumitomo Mitsui Banking Corporation is teaming up with Fujitsu to explore the creation of a data analytics business they say could empower customers with better decision-making and operational efficiency.

9 hours

/markets

Global spending on financial market data hits $44.3bn

Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% - far slower than the previous year - to $44.3 billion.

9 hours

/security

Visa unveils AI fraud fighting tool

Visa has unveiled Aric Risk Hub, an AI-based fraud prevention platform designed to help protect banks, acquirers, and financial institutions against a broad spectrum of fraud and financial crime.

9 hours

/startups

Fuse raises $6.6m to power cross-border payments in Mena

Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East and North Africa.

19 hours

/retail

Plaid raises $575m at $6.1bn valuation

Plaid has raised $575 million in a secondary share sale that sees the open banking platform's valuation drop from $13.4 billion in 2021 to $6.1 billion.

20 hours

/regulation

PSR accused of "failure of vision" over light-touch remedies on card scheme fees

The Payment Systems Regulator has set out a series of remedial measures to address the scheme and processing fees imposed on merchant by Visa and Mastercard.

21 hours

/startups

African neobank Djamo raises $17 million

Djamo, a neobanking startup serving the underbanked market in Francophone West Africa, has raised $17 million.

23 hours

/payments

Wise shares jump on upgraded forecasts

Shares in money transfer firm Wise jumped six percent in early morning trading as it posted preliminary figures ahead of its capital markets day event.

03 April 2025

/crypto

Ripple integrates stablecoin into cross-border payments platform

Ripple has integrated its recently-launched stablecoin into its flagship cross-border payments system.

03 April 2025

/ai

Monzo co-founder Blomfield predicts AI will wipe out software engineering jobs

Monzo co-founder and Y Combinator partner Tom Blomfield has kicked up a stir by tolling the death knell of the humble software engineer, claiming that AI will soon be "provably and obviously better at basically every facet" of coding.

03 April 2025

/payments

Visa offers Apple $100 million to ditch Mastercard

Visa has reportedly offered Apple roughly $100 million to take over the tech giant's credit card partnership from Mastercard.

02 April 2025