Latest news headlines: Finextra Research

American Fintech Council calls on CFPB to prohibit open banking data access fees

In the wake of the Consumer Financial Protection Bureau's decision to ditch its open banking rule, the American Fintech Council (AFC) has called on the regulator to preserve people’s right to access and share their financial data.

22 October 2025

/regulation

Fed Governor touts 'skinny' masters accounts to promote payments innovation

The Federal Reserve is exploring the introduction of a "skinny" master account that would give access to basic Fed payment services to fintechs and other providers that currently have to work with third-party banks, says Governor Christopher Waller.

22 October 2025

/ai

OpenAI hires Wall Street bankers to train AI in financial models

OpenAI has hired more than 100 former investment bankers to help train its AI to build financial models, according to Bloomberg.

21 October 2025

/crypto

Coinbase buys crypto investment platform Echo

Coinbase has acquired crypto investment platform Echo for around $375 million in cash and stock.

21 October 2025

/payments

TrueLayer to acquire open banking rival Zimpler

London-based payments network TrueLayer is set to expand its presence in Europe after striking an agreement to buy Nordic competitor Zimpler.

21 October 2025

/markets

UK pension funds to back fintech startups

A consortium of 20 UK-based pension funds, asset managers and asset owners is set to invest in the country's fintech sector.

21 October 2025

/payments

EBAday 2026 heads to Copenhagen: Early bird registration now open

The European payments and transaction banking community will gather in Copenhagen on 16-17 June for the 21st edition of EBAday, the continent’s leading summit for industry professionals. Hosted at the Bella Centre, EBAday 2026 promises two days of high-impact networking, strategic insight, and forward-looking discussion.

21 October 2025

/inclusion

Mexican fintech Plata sees valuation exceed $3bn

Plata, a startup based in Mexico and founded by three former Tinkoff executives has completed a $250m fund raise.

21 October 2025

/crypto

Japanese banks jointly launch stablecoin

Three of the largest banks in Japan are joining forces for the launch of a unified stablecoin.

21 October 2025

/crime

Canada preps financial crime agency

Canada is setting up a financial crimes agency to take on a rising tide of online scams as part of a national anti-fraud strategy that will also require more action from banks.

21 October 2025