/people
Former Google and Standard Chartered executive Diana Layfield has been appointed CEO of UK digital bank Monzo, taking over from TS Anil, who is stepping down after five years in the role.
30 October 2025
/cloud
The spotlight has once again been shone on the prominent role played by a small number of cloud computing providers after an outage suffered by Microsoft's Azure platform
/ai
UK startups and scaleups are being urged to address an absence of AI skills within their boardrooms, according to a recently published report
/security
National Australia Bank's digital unit Ubank has become the country's first lender to offers customers the option to ditch passwords in favour of passkeys for both app and online banking.
/wealth
Canada's Wealthsimple has raised C$750 million at a post-money valuation of C$10 billion in a funding round led Dragoneer Investment Group and GIC.
29 October 2025
/markets
Morgan Stanley has struck a deal to buy EquityZen, a trading platform for shares in private companies. Financial terms of the deal were not disclosed.
/crypto
Two investment banks have made what they claim is the first over-the-counter options trade involving cryptocurrencies.
/inclusion
ZAR, a Pakistan-based startup, has secured $12.9m from venture capital firm Andreesen Horowitz to finance its ambition to bring stablecoins to Pakistan's unbanked.
More than 150 years after introducing its money transfer service, Western Union is launching its own stablecoin.
In a sector-first, Isle of Man-based crypto staking firm KR1 is planning to list on the London Stock Exchange.
Shares in PayPal soared more than 10% on news that the payments firm has struck a deal with OpenAI to embed its wallet into ChatGPT.
28 October 2025
/regulation
The UK government's decision to scrap the Payment Systems Regulator (PSR) in an effort to cut red tape and boost economic growth has been criticised by a major industry association, which claims the plans "read more like a reshuffle than a reform".
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