/regulation
The Bank of England has hit UK payments operator Vocalink with an £11.9 million fine after it missed a deadline to fix problems in its risk management framework.
09 July 2025
/sustainable
Clarity AI has acquired fellow sustainability fintech ecolytiq. Financial terms of the deal were not disclosed.
/crypto
Ziglu, the crypto startup launched by former Starling co-founder Mark Hipperson, has entered administration.
/ai
Lloyds Banking Group is expecting to play host to tens of thousands of employees at a two-month Data & AI Summer School as part of a commitment to building a digitally-confident workforce.
/security
Research by TSB reveals that of the 31 percent of people who have acted on financial advice on social media platforms – over half (55%) lost money as a result.
/payments
Revolut is targeting the $48 billion Chinese remittance market through a partnership with Ant International.
Australia's payment industry and its domestic payments provider have launched a public consultation on the future of account-to-account payments in the country.
Castellum.AI, a financial crime compliance platform with in-house risk data, AML/KYC screening and AI agents, has closed an oversubscribed $8.5 million Series A round.
08 July 2025
/wealth
Revolut has launched Stocks and Shares ISAs and UK-listed Exchange-Traded Funds (ETFs) as it expands investment options for customers in the UK.
/crime
The UK's Financial Conduct Authority has fined neobank Monzo £21,091,300 over its "inadequate" anti-financial crime systems and controls that were in place between October 2018 and August 2020
/startups
Gradient Labs, a startup creating AI agents for the financial services industry and founded by former Monzo alumni, has raised $13 million.
Mastercard has joined forces with self-service payment portal Pay4You to pitch a tail spend management offering to firms in Europe.
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