Latest news headlines: Finextra Research

Barclaycard blocks credit card crypto purchases

Brits will no longer be able to buy cryptocurrency with their Barclaycard credit cards from later this week.

26 June 2025

SoFi adds crypto services and blockchain-powered remittances

US fintech SoFi is taking advantage of the changing regulatory landscape under the Trump administration to reintroduce crypto services.

26 June 2025

/crypto

South Korean banks hatch plans to issue Won-backed stablecoin

South Korea's largest banks have formed a consortium to issue a Won-backed stablecoin.

26 June 2025

/wealth

Envestnet to sell open finance business Yodlee to PE firm STG

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.

25 June 2025

/payments

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

25 June 2025

/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.

25 June 2025

/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.

25 June 2025

/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.

25 June 2025

/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.

25 June 2025

/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.

25 June 2025

/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