/crypto
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.
01 August 2025
/people
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.
Citi has named former JP Morgan executive Pankaj Goel as the co-lead of its technology investment banking team.
/retail
Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.
Visa is expanding its backing for stablecoins, adding settlement support for three more coins as well two new blockchains.
/payments
North American merchant acquirer and payment technology provider Payroc has agreed to acquire payment orchestration and AR automation platform BlueSnap. Financial terms were not disclosed.
31 July 2025
/startups
Due, a payment startup founded by Revolut alumni, has extended its Seed round to €6.3 million to launch a new API platform encompassing stablecoin payments.
Shares in growth capital fund Chrysalis jumped by 10% on a significantly upgraded valuation of portfolio company Starling Bank.
/regulation
The UK's Financial Conduct Authority has called for improvements in digital loans processes to help people better understand what they're signing up for.
/ai
Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.
The technical build for Canada's Real-Time Rail (RTR) payments system is almost complete, with testing set to be carried out in autumn ahead of launch.
/markets
Private equity giant Thoma Bravo has bought a stake in capital markets tech provider Trading Technologies (TT).
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