/crypto
Pave Bank has raised $39 million in funding to scale what it calls the first "programmable bank" built for digital assets and the AI era.
23 October 2025
/ai
Failure to adapt to consumers' increased use of AI could see banks lose as much $170bn, according to a report from McKinsey.
/wholesale
The London Stock Exchange Group (LSEG) has sold a 20% stake in its Post Trade Solutions business to a consortium of 11 banks.
/people
US investment bank Citi has named its current CEO, Jane Fraser, as chair of the board of directors.
/regulation
The New York State Department of Financial Services (NYDFS), has issued new cybersecurity guidance on how financial services firms should manage cybersecurity risks associated with third-party service providers (TPSPs).
Coinbase is opening up its bitcoin rewards card to the hundreds of thousands of Americans on its waitlist.
The UK's Financial Conduct Authority has filed a lawsuit against HTX, a cryptocurrency exchange linked to Justin Sun, a billionaire who has invested millions of dollars in the Trump family's crypto ventures.
22 October 2025
British SME challenger bank Allica has boosted its working capital efforts and moved into the embedded finance market through the acquisition of fintech Kriya.
Ani Tech, a UK-based agentic AI platform focused on financial advice, has been chosen to participate in the inaugural AI sandbox initiative of the UK's financial regulator, the Financial Conduct Authority (FCA).
/crime
A vast majority of consumers are concerned that increasingly sophisticated AI will be used for financial scams and a similar number expect their banks to use the same technology to protect them, according to recently published research
In the wake of the Consumer Financial Protection Bureau's decision to ditch its open banking rule, the American Fintech Council (AFC) has called on the regulator to preserve people’s right to access and share their financial data.
The Federal Reserve is exploring the introduction of a "skinny" master account that would give access to basic Fed payment services to fintechs and other providers that currently have to work with third-party banks, says Governor Christopher Waller.
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