/crypto
Stablecoin platform Rain has raised $58 million in a Series B funding round led by Sapphire Ventures.
8 hours
/retail
Google Cloud’s head of Web3 strategy has been talking up the firm's Universal Ledger Layer-1 blockchain as a "credibly neutral" infrastructure for financial services, contrasting it with rival options from Stripe and Circle.
/security
Credit bureau TransUnion has gone public on a data breach that exposed the personal information of more than 4.4 million consumers.
18 hours
Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER
20 hours
/people
Senior staff in the retail division of ANZ learned of their forthcoming redundancy when they received an automated e-mail asking them to return their work laptops, before they had received any formal exit notice.
22 hours
/payments
Swedbank is to acquire Barclays’ ownership stake in Nordic card company Entercard for $275 million
23 hours
/wealth
Canada's Wealthsimple has acquired investment research platform Fey. Financial terms of the deal were not disclosed.
28 August 2025
/wholesale
Digital lender VersaBank is embarking on an internal US tokenised deposit pilot programme.
/regulation
Australia's Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
N26 is bringing in a former Bundesbank executive board member to lead its supervisory board, with current chair Marcus Mosen becoming co-CEO following the recent exit of founder Valentin Stalf.
27 August 2025
Finastra has teamed up with Circle to help banks integrate stablecoin settlement into their cross-border payment flows.
HSBC is scrambling to fix glitches in its mobile and online banking systems that have presented customers with error messages, missed payments and inaccurate account information.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.