Latest news headlines: Finextra Research

JP Morgan to charge fintechs for customer data

Fintechs wanting access to banks' customers' data may have to pay for the privilege, according to a report from Bloomberg on US bank JP Morgan.

7 hours

/cloud

Survey suggests boom in banks' cloud adoption

The vast majority of financial services firms are accelerating their investment in cloud technology, suggests a recently released survey.

9 hours

/payments

Lloyds Bank in talks to acquire Curve - Sky News

The UK's largest high street bank is reportedly in talks to buy digital wallet provider Curve.

11 hours

/payments

Bilt hits $10.75bn valuation

Neighbourhood loyalty platform Bilt has raised $250 million in primary funding, sending its valuation soaring to $10.75 billion.

20 hours

/people

UK Chancellor halts ISAs reductions after backlash

Rachel Reeves, UK Chancellor, announced reductions to allowance for tax-free cash savings in a push to get the public to allocate more funds into stocks and shares to boost the economy. However, backlash from building societies and banks has led to these plans being shelved.

11 July 2025

/inclusion

Binance launches Sharia Earn, an Islamic banking-aligned token

Global blockchain platform Binance has launched a Sharia-compliant multi-token in alignment with Islamic principles to promote inclusivity in crypto-trading.

11 July 2025

/wholesale

Ageras makes 8th acquisition with payroll company Employes

Accounting, admin, and banking software platform Ageras has made its eighth acquisition in Dutch payroll company Employes.

11 July 2025

/regulation

FCA closes 1600 websites in fight against financial crime

Over 1600 websites suspected of promoting financial services without permission were suspended, removed or blocked in 2024 because of the UK's Financial Conduct Authority.

11 July 2025

/startups

Propel Venture Partners closes $100m fund

Propel Venture Partners, the BBVA-backed seed-stage venture firm targeting fintechs, has closed a $100 million fund.

11 July 2025

/ai

Nationwide taps Microsoft and Accenture for GenAI-powered cybersecurity

Nationwide Building Society has enlisted Microsoft and Accenture for an AI-powered overhaul of its cybersecurity operations.

11 July 2025

/payments

Judge dismisses antitrust suit against Apple, Visa and Mastercard

A US judge has dismissed a lawsuit accusing Apple, Visa and Mastercard of conspiring to suppress competition in the market for point-of-sale payment card services, according to Reuters.

10 July 2025

/wholesale

Deutsche Bank goes live with Swift Instant Cash Reporting

Deutsche Bank has gone live with Swift’s new API-driven Instant Cash Reporting (ICR) tool for accessing real-time account and balance information with a single, standardised connection.

10 July 2025