/crypto
Brazilian fintech Matera is joining forces with Circle to turn stablecoins into a payment method integrated into banks' core systems.
12 June 2025
/people
NatWest has appointed Dr Maja Pantic as its first chief AI research officer.
11 June 2025
OpenTrade, a provider of yield-bearing stablecoin products for fintechs, has raised $7 million in funding led by Notion Capital and Mercury Fund, with participation from existing investors AlbionVC, a16z crypto, and CMCC Global.
/retail
NatWest has announced another 52 branches will shut this year, bringing the banking group's total planned closures to 105.
/payments
Norway's Consumer Council has referred Klarna to the country's Consumer Authority over an alleged failure to provide clear details about interest paid on its buy now, pay later products.
/startups
Barclays has opened a new innovation hub in London, working with a range of partners from across the tech industry – including Microsoft and Nvidia.
/security
Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions.
/ai
Starling Bank is putting Generative AI into the hands of its customers with the roll out of a new 'Spending Intelligence' Large Language Model that customers can interrogate to get insights into their spending habits.
10 June 2025
Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.
Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.
/regulation
Navro, the London-headquartered fintech that simplifies international payments for businesses, has secured its first US money transmitter licence.
Barclays Bank is to extend its delivery of Microsoft Co-Pilot AI agents to 100,000 staff worldwide.
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