Latest news headlines: Finextra Research

Bitcoin now accepted for day and boarding school Lomond fees

Lomond School has become the first UK school to accept bitcoin for school fees, partnering with providers CoinCorner and Musquet.

11 April 2025

/wealth

EToro to launch UK and Europe stock lending programme

In order to identify borrowers and facilitate the stock lending process, eToro will partner with BNY, which will act as the custodian, and stock lending platform EquiLend. This stock lending launch showcases how eToro is currently leveraging BNY’s global clearing platform, offering integrated solutions across US and international clearing, custody, settlement, execution, and financing.

11 April 2025

/crime

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

11 April 2025

/regulation

Block to pay $40m penalty for AML failures

Block will pay a $40 million penalty to New York regulators for "significant failures" in anti-money laundering programme and virtual currency compliance failures on its Cash App platform.

11 April 2025

/regulation

House of Representatives kills CFPB oversight of Big Tech payment apps

The US House of Representatives has followed the Senate in voting to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants such as Apple, Google and X, that offer digital payment apps and wallets.

10 April 2025

/people

Anthropic hires former Stripe exec Guillaume Princen to lead European expansion

AI coding platform Anthropic has hired Guillaume Princen, the architect behind Stripe's European operations, as head of Emea, as the firm prepares to hire 100 new staff for a push into Europe.

10 April 2025

/wealth

Gen Z wealth platform Alinea Invest raises $10.4 million

Alinea Invest has raised $10.4 million in Series A funding to build the investing app for the Gen Z youth market.

10 April 2025

/retail

BaaS platform Solid files for bankruptcy

US Banking-as-a-Service platform Solid has filed for Chapter 11 bankruptcy protection.

10 April 2025

/payments

Visa invests in spend management platform Mynt

Visa has invested in Swedish spend management firm Mynt alongside an expanded reseller agreement across Europe.

10 April 2025

/ai

BofE eyes AI's risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England's Financial Policy Committee warns.

10 April 2025

/ai

Lloyds Banking Group accelerates AI development with Google Cloud

Lloyds Banking Group is building a new machine learning (ML) and Generative AI (GenAI) platform using Google Cloud’s Vertex AI.

10 April 2025

/payments

Wise to build Hyderabad hub

UK-based fintechs Wise and Revolut are both doubling down in India, with the former building a hub in Hyderabad that will employ hundreds of new and the latter securing a license to issue prepaid cards and wallets in the country.

10 April 2025