/retail
Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER
1 hour
/people
Senior staff in the retail division of ANZ learned of their forthcoming redundancy when they received an automated e-mail asking them to return their work laptops, before they had received any formal exit notice.
3 hours
/payments
Swedbank is to acquire Barclays’ ownership stake in Nordic card company Entercard for $275 million
/wealth
Canada's Wealthsimple has acquired investment research platform Fey. Financial terms of the deal were not disclosed.
12 hours
/wholesale
Digital lender VersaBank is embarking on an internal US tokenised deposit pilot programme.
/regulation
Australia's Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
N26 is bringing in a former Bundesbank executive board member to lead its supervisory board, with current chair Marcus Mosen becoming co-CEO following the recent exit of founder Valentin Stalf.
16 hours
Finastra has teamed up with Circle to help banks integrate stablecoin settlement into their cross-border payment flows.
22 hours
HSBC is scrambling to fix glitches in its mobile and online banking systems that have presented customers with error messages, missed payments and inaccurate account information.
23 hours
/security
A NatWest bank branch manager who stole £344,000 from cash machines over an eight year period to fuel his gambling addiction has been spared jail.
27 August 2025
The Financial Conduct Authority is warning consumers to be on the look-out for fake FCA scams after being inundated with reports of bogus emails and calls from fraudsters impersonating the regulatory body.
/ai
UK digital bank Zopa has launched a five-year campaign to reskill 100,000 banking workers in AI disciplines by 2030.
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