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/startups

Barclays opens London innovation hub with Microsoft and Nvidia onboard

Barclays has opened a new innovation hub in London, working with a range of partners from across the tech industry – including Microsoft and Nvidia.

/security

Industry associations highlight cybersecurity risks at US regulatory agencies

Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions.

/ai

Starling rolls out AI-based 'Spending Intelligence' tool

Starling Bank is putting Generative AI into the hands of its customers with the roll out of a new 'Spending Intelligence' Large Language Model that customers can interrogate to get insights into their spending habits.

/payments

Australian Payments Plus to bring least-cost routing to online Cick to Pay transactions

Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.

/startups

Payroll data startup Teal raises £1.4 million

Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.

/regulation

Payments fintech Navro acquires first US licence

Navro, the London-headquartered fintech that simplifies international payments for businesses, has secured its first US money transmitter licence.

/ai

Barclays to roll out Microsoft Co-Pilot to 100,000 staff

Barclays Bank is to extend its delivery of Microsoft Co-Pilot AI agents to 100,000 staff worldwide.

/payments

Walmart's OnePay adds credit cards to financial services portfolio

Walmart's fintech unit OnePay is to add credit cards to its expanding portfolio of financial services.

/ai

FCA sets up 'Supercharged Sandbox' for AI experimentation

The UK's Financial Conduct Authority is to set up a 'Supercharged Sandbox' to help firms experiment with innovative AI applications.

/payments

Worldpay scores new business distribution channel with Santander UK

Santander UK has joined forces with Worldpay to offer e-commerce and POS technology to its business banking and corporate clients.

/startups

JPMorgan opens Fintech Forward programme in the UK

JPMorgan has opened applications for a new fintech accelerater programme for startups and business founders in the UK.

/markets

PitchBook: AI disruption rises, VC optimism cools in H1 2025

The latest PitchBook survey finds that venture capital investors are making "strategic adjustments as they navigate geopolitical uncertainty and technological transition."