Latest news headlines: Finextra Research

Revolut links risky behaviour to staff bonuses

Revolut has expanded an internal 'Karma' system that tracks how employees follow risk and compliance processes, linking their behaviour to their bonuses.

3 hours

/cloud

Nasdaq and AWS unveil capital markets infrastructure blueprint

Nasdaq and AWS have joined forces to bring the benefits of cloud to market operators around the world.

3 hours

/payments

EU central banks explore synchronised settlement in FX

The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such as RTGS systems, can interoperate with each other for FX transactions via new technologies, such as distributed ledgers.

3 hours

/crypto

PayPal offers 3.7% yield on stablecoin balances

PayPal is bidding to encourage uptake of its stablecoin by offering US users an annual rewards rate of 3.7% on their holdings.

14 hours

/retail

Zopa to launch current accounts following second profitable year

UK online-only bank Zopa has doubled its pre-tax profits in its second year of profitability.

16 hours

/payments

Standard Chartered becomes first bank to join the Temenos partner programme

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor's partner programme.

16 hours

/payments

Klarna seals BNPL deal with eBay in the US

Klarna has sealed a deal with eBay to roll out its flexible payment options to millions of shoppers across the US.

17 hours

/retail

Revolut juggernaut steams ahead; reports $1.4 billion in profits for FY24

Revolut has reported bumper growth for the full year 2024, driving pre-tax profits to $1.4 billion and net profit at $1 billion.

17 hours

/inclusion

Interledger Foundation backs projects to bolster money movement around the world

The Interledger Foundation has broken ground on a host of new projects in countries such as Pakistan, Uganda and Jamaica as it works towards its goal of creating an open, interoperable payment network.

19 hours

/retail

Fiserv to buy Brazilian fintech Money Money

Fiserv has agreed a deal to by Money Money, a Brazilian fintech providing working capital to small businesses. Financial terms were not disclosed.

24 April 2025

/ai

TD to open New York AI office

Canada's TD Bank is opening a New York outpost of its Layer 6 AI research and development centre.

24 April 2025

/payments

BIS project puts promissory notes on the blockchain

Project Promissa, a collaboration between the Bank for International Settlements' Innovation Hub, the Swiss National Bank, and the World Bank, has demonstrated that paper-based promissory notes can be redesigned using distributed ledger technology (DLT) to address operational challenges that make the process time-consuming and cumbersome.

24 April 2025