/payments
JPMorgan is shutting down the payments business it acquired from Volkswagen in 2021 after concluding that it cannot generate a profit, according to Bloomberg.
2 hours
Lloyds Banking Group has reportedly signed a £120 million deal to acquire UK digital wallet provider Curve.
/security
Authorised push payment (APP) fraud losses in the UK hit £257.5 million in the first half of 2025, a 12 per cent increase on the same time last year, according to the latest data from UK Finance.
5 hours
/retail
After securing its first payment-for-data deal with Plaid in September, JPMorgan has now updated contracts with fintech firms that make up more than 95% of data pulls on its systems.
6 hours
United Creations, an apparel manufacturing company in Jordan, has deployed iris recognition technology from IrisGuard to provide unbanked and migrant workers with direct access to slary payments.
7 hours
Bank of America's recent Workplace Benefits Report reveals that the two key areas where employees need financial wellness resources are: retirement education and planning, and learning how to generate income in retirement.
14 November 2025
/markets
JPMorgan Chase is planning to expand in Dubai as part of a push to collaborate with more Middle Eastern businesses.
/ai
Ant International is partnering with TNG Digital, operating company of TNG eWallet, and Pakistani neobank easypaisa to deliver AI-powered customer experiences.
Our latest Finextra global survey report ‘Turning AI potential into advantage: How financial services institutions are scaling AI’, produced in association with Cloudera, is now available to download.
The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have joined together to explore the technical and policy implications of settling tokenised foreign exchange (FX) transactions using synchronised settlement mechanisms.
13 November 2025
Nationwide has announced that it will continue to keep every one of its 696 Nationwide and Virgin Money branches open until at least 2030, despite many other banks closing theirs.
The Monetary Authority of Singapore is to hold bank board members and senior staff responsible for manging risks from the deplyment of artificial intelligence.
See more in the Finextra Pro app for Android or Apple
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.