/crypto
More than 150 years after introducing its money transfer service, Western Union is launching its own stablecoin.
29 October 2025
In a sector-first, Isle of Man-based crypto staking firm KR1 is planning to list on the London Stock Exchange.
/ai
Shares in PayPal soared more than 10% on news that the payments firm has struck a deal with OpenAI to embed its wallet into ChatGPT.
28 October 2025
/regulation
The UK government's decision to scrap the Payment Systems Regulator (PSR) in an effort to cut red tape and boost economic growth has been criticised by a major industry association, which claims the plans "read more like a reshuffle than a reform".
/startups
UK bank Barlcays is set to expand its presence in the US consumker banking market after agreeing a deaL to purchase US-based personal lending fintech BestEgg for $800m.
Australian banks and their internal audit teams need to pay more attention to the risks posed by legacy technology and an over reliance on a select number of cloud providers, according to the industry's watchdog.
/crime
UK challenger bank Starling has launched what it claims is the UK's first AI tool designed to spot purchase scams.
/payments
A secondary share sale has seen the valuation of MENA-based financial app Tabby rise to more than $4.5bn.
JPMorgan Chase is letting employees use the bank's in-house AI system to help them write year-end performance reviews, according to the Financial Times.
Anthropic, the AI startup backed by Amazon and Google, has expanded Claude for Financial Services with an Excel ad-in and more connectors to real-time market data and portfolio analytics, including from LSEG.
/retail
As it continues its evolution from BNPL provider to full-scale bank, Klarna has launched a global membership programme, offering benefits like cashback, travel perks, and lifestyle rewards.
Citi is teaming up with Coinbase to bring digital asset payment capabilities to the Wall Street giant's institutional clients.
27 October 2025
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