Latest news headlines: Finextra Research

UK FS players agree to fund delivery of commercial VRPs

A group of 31 players in the open banking and payments industries has committed to fund efforts to create a new company that will bid to put Variable Recurring Payments on a viable commercial footing in the UK.

1 hour

/payments

PayPal launches contactless mobile wallet in Germany

PayPal's long-running effort to crack the high street continues with the launch in Germany of a contactless mobile wallet that lets users pay instore and in instalments with a tap of their phone.

4 hours

/retail

Egypt's MoneyFellows raises $13m for digital money circles

Egyptian fintech Money Fellows has raised $13 million for its mobile-based platform for money circles - where a group of people put funds into a pot for a specific period so that they can save and borrow together.

4 hours

/crypto

ECB onboards private sector firms to digital euro innovation platform

The European Central Bank is stepping up preparatory work on a digital euro, opening an innovation platform where nearly 70 private sector market participants can explore functionalities and use cases.

5 hours

/crypto

FCA plans ban on buying crypto on credit

The UK's Financial Conduct Authority is exploring whether to ban Brits from using credit to buy cryptoassets.

02 May 2025

/wealth

IFGS 2025: Is it time for wealthtech to take the stage?

At IFGS 2025, the panel discussion ‘The great wealth transfer: wealthtech’s time to shine’ focused on the evolving nature of wealth management, and how digitalisation, personalisation, and creative partnerships are key to scale up wealthtechs.

02 May 2025

/people

Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

02 May 2025

/payments

IFGS 2025: National Payments Vision—the road ahead for an agile, future-ready payments ecosystem

Building a framework and infrastructure for a world-leading payments ecosystem is critical for the UK's continued leadership in financial services. The question ‘How can we ensure innovation, competition and high security standards?’ was answered by industry experts at IFGS 2025.

02 May 2025

/markets

IFGS 2025: How can the UK become a world leader in fintech?

In two expert panels at IFGS 2025, speakers considered how geopolitical tensions are impacting the global fintech industry, and strategised how the UK can lead the space.

02 May 2025

/markets

Dub raises $30m for app that lets users copy influencers' stock trades

Dub, a copy trading app that enables users to mimic the portfolio strategies of notable investors, has raised $30 million in funding.

02 May 2025

/payments

Kinexys by JP Morgan prospers in the Middles East

JP Morgan has signed up two major banks in the Middles East and North Africa to its Kinexys blockchain platform.

02 May 2025

/sustainable

IFGS 2025: Profit is key to net zero action

At IFGS 2025, the panel, titled ‘The road to net zero: clear and decisive, or bumpy and long?’ gathered perspectives from climate finance experts on how navigating sustainable decisions require nuance amid rising complexity.

01 May 2025