Latest news headlines: Finextra Research

Worldline shares tumble over media allegations of fraud cover up

Worldline shares plunged by 20% after multiple media outlets alleged that the French payments processor covered up client fraud to protect revenue

9 hours

/startups

Barclays and Citi lead $7 million investment in deal intelligence platform Claira

Barclays and Citi have co-led a $7 million seed funding round in deal intelligence platform Claira.

10 hours

/payments

Mastercard to open A2A instant payments sandbox in the UK

Mastercard is to open an A2A instant payments sandbox for UK banks to experiment with new payment methods.

10 hours

/people

NAB hires Lloyds' Pete Steel for new digital, data and AI role

Australia's NAB has appointed Lloyds Banking Group's Pete Steel to the newly created role of group executive, digital data and artificial intelligence.

19 hours

/crypto

BIS report pours cold water on stablecoin hype

They may be the current darling of the financial services world, but stablecoins fall short as a form of sound money and at best may "eventually play a subsidiary role in the hinterland of the financial system," according to the Bank for International Settlement.

19 hours

/sustainable

NatWest, NAB and SC Ventures support the launch of climate action platform FourTwoThree

FourTwoThree, a climate action platform backed by NatWest, NAB and SC Ventures, has gone live with a goal of helping SMEs to measure, understand, and take action to reduce their carbon emissions.

19 hours

/wealth

Quinn raises $11m for AI-powered financial advice platform

AI-driven financial planning and advice platform Quinn has emerged from stealth with $11 million in seed funding led by Viola Fintech.

24 June 2025

/people

Revolut appoints Cossa-Dumurgier CEO of new Western European HQ

Revolut has brought in BNP Paribas veteran Béatrice Cossa-Dumurgier to lead its €1 billion bid to crack France as CEO of its new Western European headquarters in Paris.

24 June 2025

/crypto

Wall Street and crypto firms pump $135 million into Digital Asset

Major players from crypto and traditional finance have joined in a $135 million funding round in Digital Asset, the firm behind the Canton Network blockchain platform for tokenised assets.

24 June 2025

/retail

NatWest BaaS unit negotiates deal with Saga

Over-50's group Saga is wading deeper into the financial services market as it agrees a deal with NatWest's Banking-as-a-Service unit Boxed to provide savings accounts and other banking products to its membership base.

24 June 2025

/wealth

WealthTech Conquest Planning raises $80 million

Conquest Planning, a wealth advisory firm for retail and HNW investors, has raised $80 million in growth equity backed by a host of venture investors from major US banks.

24 June 2025

/payments

EPI and EuroPA join forces in push for European payments sovereignty

The European Payments Alliance (EuroPA) and European Payments Initiative (EPI) are joining forces to explore ways to make it easy for consumers to send and receive payments seamlessly across the continent.

24 June 2025