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/security

Latvian fintech startup Handwave raises $4.2 million for palm payments

Latvian fintech startup Handwave has raised $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US.

/ai

NatWest and Google to boost UK startups with AI tools and training

NatWest is working with Google Cloud to support entrepreneurs on the UK lender's business Accelerator with access to AI tools, cloud technology, and expert training.

/ai

SEC launches AI task force

The US Securities and Exchange Commission has launched an AI task force to spearhead the agency’s efforts to embed artificial intelligence into its operations.

/ai

AI-powered data platform Daloopa raises $13m

Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions, has raised $13 million in funding.

/markets

Klarna considers autumn IPO revival

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

/sustainable

Barclays follows HSBC out of the Net Zero Banking Alliance

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".

/crime

EBA warns of money laundering risk in fintech sector

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 to issue first stablecoin licences in early 2026

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

Atom Bank restructures tech leadership team

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.

/people

Citi taps ex-JP Morgan exec for tech role

Citi has named former JP Morgan executive Pankaj Goel as the co-lead of its technology investment banking team.

/retail

Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

/crypto

Visa adds settlement support for more stablecoins

Visa is expanding its backing for stablecoins, adding settlement support for three more coins as well two new blockchains.