Latest news headlines: Finextra Research

IFGS 2025: The next frontier of smart data

At IFGS 2025 in London, Edie Lush moderated a panel titled ‘The next frontier of smart data’, with Liz Brandt, CEO at Ctrl-Shift; Dan Scholey, CCO at Moneyhub; Gavin Starks, CEO and founder at Icebreaker One; Marie Walker, open futurist at Raidiam; and Milly Zimeta, head of digital and data policy at Which?. The question is focus being ‘How can the UK become the world's first smart data economy?’.

30 April 2025

/payments

UK Treasury Committee says shops might have to be forced to accept cash in the future

The UK's Treasury Committee has floated the idea of introducing legislation to force shops to accept cash in the future, warning that a lack of action from the Government to tackle declining cash acceptance could lead to a two-tier society with the most vulnerable bearing the cost.

30 April 2025

/security

Anti-scam hotline receives one million calls

More than a million calls have been made to an anti-scam service that gives people a memorable number to contact if they suspect they may be dealing with a fraudster.

30 April 2025

/payments

Finastra releases message transformation service for MT to ISO 20022 switch

Finastra has launched a message format translation service for banks switching from Swift MT messages to the new ISO 20022 MX standard.

30 April 2025

/ai

Banking’s safest job? AI roles jump 13% amid layoffs

The world’s biggest banks increased their artificial intelligence headcount by 13% over the last six months, with one in every 50 banking employee now working in an AI-specific role, according to a study.

30 April 2025

/inclusion

UK Post Office and banks ink new cash access deal

The UK's Post Office has signed a five-year partnership agreement with the country's banks and building societies to provide millions of people and small business with access to cash.

30 April 2025

/cloud

BNP Paribas aims for improved resilience with new IBM Cloud deal

BNP Paribas is to dedicate a new area in its data centres for IBM Cloud services as part of an effort to strengthen resilience and meet new laws under the EU's Digital Operational Resilience Act (Dora).

30 April 2025

/security

JPMorgan CISO: SaaS model enabling cyber attacks

The chief information security officer at JPMorgan Chase is calling on third party software providers to prioritise security over speed to market, warning that the shift to a SaaS delivery model is creating "substantial vulnerability".

30 April 2025

/crypto

Nacha: 80% of banks would reject clients if they processed cryptocurrency

Smarter Faster Payments in New Orleans saw representatives from the Federal Reserve Bank, Citizens, EPCOR and Nacha come together to share their personal views on the potential of blockchain for cross-border transactions and financial inclusion - amid a need for better understanding of digital assets, as well as concerns around anonymity and regulatory uncertainty.

30 April 2025

/crypto

UK unveils draft crypto laws

The UK government has published draft legislation that will bring crypto firms into the regulatory perimeter.

29 April 2025

/payments

NextGen Nordics 2025: Live updates from Stockholm

What’s next for Nordic payments? Follow the conversation at NextGen Nordics 2025.

29 April 2025

/payments

IFGS 2025: What’s next for challenger banks?

As challenger banks continue to mature, gain market share, and power increasingly larger portions of the SME community, the lines between traditional and new players have become blurred. The question ‘How will the challengers continue to challenge?’ was answered by industry experts today at IFGS 2025.

29 April 2025