Latest news headlines: Finextra Research

Trump orders evolution of national crypto stockpile; prohibits CBDC work

President Donald Trump has established a working group on digital assets that will investigate the development of a federal regulatory framework for crypto and evaluate the creation of a national digital asset stockpile.

5 hours

/regulation

The Bank of London fails to file accounts

Following months of turmoil, The Bank of London has failed to file its accounts for 2023 on time.

9 hours

/identity

Are passkeys the future of payment authentication?

As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.

12 hours

/inclusion

Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

13 hours

/sustainable

Davos: Zumo releases MiCA readiness report

B2B assets platform Zumo has released a report from Davos on the industry’s readiness for the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation, focusing on sustainability requirements.

14 hours

/markets

Broadridge preps India hiring spree

American fintech Broadridge is ramping up it headcount in India as it bids to cash in on the emerging economic superpower's rapidly-growing potential customer base.

23 hours

/payments

Method raises $41.5m to expand financial account connectivity

Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.

23 hours

/retail

DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

23 hours

/inclusion

Visa invests in Nigeria's Moniepoint

Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint. Terms were not disclosed.

23 hours

/people

Fiserv picks Michael Lyons to replace CEO Bisignano

Fiserv has appointed former PNC Financial Services Group president Michael Lyons as president and CEO-elect, replacing Frank Bisignano, who is joining the Trump administration.

23 January 2025

/security

PayPal reaches $2m cybersecurity settlement with New York regulators

PayPal will pay $2 million to settle New York State charges that cybersecurity failures at the firm led to customers' social security numbers being exposed.

23 January 2025

/payments

Dutch government seeks to stop BNPL hitting the high street

The Dutch government has moved to stop the spread of buy now, pay later services onto the high street, asking Klarna to reconsider its plans to move into physical stores.

23 January 2025