Latest news headlines: Finextra Research

FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

The UK's Financial Conduct Authority (FCA) has released rules for targeted support, which would allow organisations to provide guidance to specific consumers on financial products that would best suit them.

23 mins

/retail

Caixabank enables Apple Pay installment payments in Spain

CaixaBank Payments & Consumer, a specialist consumer financing and payment methods subsidiary, tackles card payments in the Iberian market, with a fleet of more than 34 million cards, more than 16 million customers and a share of 31% in invoicing purchases.

25 mins

/payments

TransBnk secures $25 million in funding from Bessemer Venture Partners - Techcrunch

Combined with this most recent funding, TransBnk has raised around $26 million in total, increasing its valuation seven times according to the Indian startup's leadership team.

1 hour

/crypto

Stablecoin platform Rain raises $58m

Stablecoin platform Rain has raised $58 million in a Series B funding round led by Sapphire Ventures.

11 hours

/wholesale

Google Cloud blockchain to rival Stripe and Circle

Google Cloud’s head of Web3 strategy has been talking up the firm's Universal Ledger Layer-1 blockchain as a "credibly neutral" infrastructure for financial services, contrasting it with rival options from Stripe and Circle.

11 hours

/security

TransUnion data breach hits 4.4 million consumers

Credit bureau TransUnion has gone public on a data breach that exposed the personal information of more than 4.4 million consumers.

21 hours

/retail

Revolut and Monzo go head-to-head with interest bearing savings accounts for kids

Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER

23 hours

/people

ANZ staff learn of their dismissal in botched email

Senior staff in the retail division of ANZ learned of their forthcoming redundancy when they received an automated e-mail asking them to return their work laptops, before they had received any formal exit notice.

28 August 2025

/payments

Swedbank buys Barclays' stake in Entercard

Swedbank is to acquire Barclays’ ownership stake in Nordic card company Entercard for $275 million

28 August 2025

/wealth

Wealthsimple buys investment research platform Fey

Canada's Wealthsimple has acquired investment research platform Fey. Financial terms of the deal were not disclosed.

28 August 2025

/wholesale

VersaBank launches US tokenised deposit pilot

Digital lender VersaBank is embarking on an internal US tokenised deposit pilot programme.

28 August 2025

/regulation

Australian watchdog reviews rule book amid fears of market meltdown caused by AI

Australia's Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.

28 August 2025