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A group of 31 players in the open banking and payments industries has committed to fund efforts to create a new company that will bid to put Variable Recurring Payments on a viable commercial footing in the UK.
05 May 2025
PayPal's long-running effort to crack the high street continues with the launch in Germany of a contactless mobile wallet that lets users pay instore and in instalments with a tap of their phone.
Egyptian fintech Money Fellows has raised $13 million for its mobile-based platform for money circles - where a group of people put funds into a pot for a specific period so that they can save and borrow together.
The European Central Bank is stepping up preparatory work on a digital euro, opening an innovation platform where nearly 70 private sector market participants can explore functionalities and use cases.
The UK's Financial Conduct Authority is exploring whether to ban Brits from using credit to buy cryptoassets.
02 May 2025
Dub, a copy trading app that enables users to mimic the portfolio strategies of notable investors, has raised $30 million in funding.
The UK Financial Conduct Authority is calling on politicians to draft legislation to crackdown on Big Tech and finfluencers who promote unauthorised financial schemes.
01 May 2025
Visa has unveiled its plans for two of the next big things in payments: agentic commerce and stablecoins.
The changing regulatory landscape being driven by the Trump administration could see 2025 being blockchain's 'ChatGPT' moment and also drive huge growth in stablecoins, according to research from Citi.
Brits will soon be able to use their passports to create digital ID passes and store them in their Google Wallets.
Persona, the verified identify platform used by a host of fintechs, has raised $200 million at a $2 billion valuation.
Not content with disrupting banking, Revolut is now taking on telecomms operators with the launch of Mobile Plans in a direct challenge to traditional network providers.
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