/sustainable
Barclays has followed HSBC in withdrawing from the Net Zero Banking Alliance (NZBA), claiming that the departure of a host of other global lenders means the organisation "no longer has the membership to support our transition".
01 August 2025
/crime
The ongoing digitalisation of financial services has increased the risk of money laundering (ML) and terrorist financing (TF), according to the European Banking Authority (EBA).
/crypto
Hong Kong's financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.
/people
UK-based Atom Bank has announced a series of changes to its technology senior leadership team, including a chief of staff and a new AI and data science team.
Citi has named former JP Morgan executive Pankaj Goel as the co-lead of its technology investment banking team.
/retail
Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.
Visa is expanding its backing for stablecoins, adding settlement support for three more coins as well two new blockchains.
/payments
North American merchant acquirer and payment technology provider Payroc has agreed to acquire payment orchestration and AR automation platform BlueSnap. Financial terms were not disclosed.
31 July 2025
/startups
Due, a payment startup founded by Revolut alumni, has extended its Seed round to €6.3 million to launch a new API platform encompassing stablecoin payments.
Shares in growth capital fund Chrysalis jumped by 10% on a significantly upgraded valuation of portfolio company Starling Bank.
/regulation
The UK's Financial Conduct Authority has called for improvements in digital loans processes to help people better understand what they're signing up for.
/ai
Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.
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