/markets
Social media app X will roll out investing and trading services "soon" and is also pondering its own debit or credit card, claims CEO Linda Yaccarino.
20 June 2025
The World Bank released a report outlining how countries should redefine how they disclose debt due to more complexity in the current financing environment.
/retail
National Australia Bank (NAB) has paid A$751,000 in penalties after being issued four infringement notices from the Australian Competition and Consumer Commission (ACCC) for not complying with the Consumer Data Right (CDR) Rules.
The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.
/crypto
Coinbase has launched a stablecoin payments stack to make it easier for online merchants around the world to accept USDC.
19 June 2025
/startups
Polar, a fintech startup building payment infrastructure for AI-native SaaS companies, has raised a $10 million Seed round.
Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.
/ai
London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.
Card issuance and embedded finance platform Highnote has enlisted BVNK to launch real-time 24/7 stablecoin-based funding for card programmes.
/payments
Nordic challenger bank Lunar is to begin processing Visa cards over a cloud-native core banking platform provided by Pismo.
Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.
18 June 2025
Klarna is the latest financial services provider to enter the mobile market, working with Telecom-as-a-Service platform Gigs to launch a phone plan in a host of major markets, beginning with the US.
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