/payments
The UK's Financial Condut Authority is consulting on proposals to raise contactless limits for larger payments.
10 September 2025
/wealth
Digital wealth management platform and online broker Scalable Capital has been granted authorisation by the ECB to conduct deposit and lending business as a fully-fledged bank.
Revolut is preparing for the next generation of merchant payments with the launch of a Pay by Bank option, avoiding card networks and sucking payments directly from consumer bank accounts.
BNPL giant Klarna has priced its IPO at $40.00 per share, providing an elevated valuation of $15 billion.
/security
More than eight in ten of UK small and medium-sized enterprises (SMEs) would be willing to pay for a Digital Company ID service, according to research commissioned by the Centre for Finance, Innovation and Technology (CFIT).
/crypto
The founder of low-budget airline easyJet is entering the crypto sector through the launch of an easyBitcoin app.
Rainforest, an embedded payment provider purpose-built for software platforms, has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures.
Mastercard has moved to give financial institutions more control over authorisation decisions through the launch of the On-Demand Decisioning (ODD) tool.
09 September 2025
BNP Paribas and HSBC are the latest financial services giants to join the foundation behind the Canton Network blockchain platform for tokenised assets.
Ripple has signed an agreement with BBVA to provide its digital asset custody technology to the Spanish bank.
/people
ANZ is to cut 3500 jobs over the next 12 months, marking a 14% reduction in the Australian lender's workforce.
/retail
Revolut is to launch in the UAE after securing in-principle approval from the Gulf region's central bank.
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