Latest news headlines: Finextra Research

Monzo moves into contents insurance

Monzo is muscling in on the home insurance market to offer contents insurance for unprotected renters and homeowners.

02 April 2025

Zelle shuts down standalone P2P payments app

With the vast majority of people using its services through their banks, American person-to-person payments provider Zelle is shutting down its standalone app.

01 April 2025

/payments

Top 5 challenges facing Nordic banks in 2025 - and how NextGen Nordics can help

The Nordic banking sector, known for its advanced digital landscape and commitment to financial innovation, is experiencing a wave of new challenges in 2025. These challenges are largely driven by rapid technological advancements, stringent regulations, and the evolving demands of consumers.

01 April 2025

/markets

Regulators haul ASX over the coals following batch settlement breakdown

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (Asic) have expressed grave concerns about the management of operational risk at the country's leading stock exchange following a batch settlement failure in December last year.

01 April 2025

/security

Fraudsters turning to encrypted messaging platforms to scam users Revolut warns

Revolut reports that fraud originating from WhatsApp and Telegram now accounts for well over a third of reported scams (39%), as criminals are increasingly turning to encrypted messaging services to exploit victims.

01 April 2025

/sustainable

Sustainability fintech WeeFin raises €25 million

WeeFin, a fintech that helps financial institutions manage their sustainability strategies, has completed a €25m financing round Series B, led by Blackfin Capital Partners.

01 April 2025

/devops

Experian doubles innovation office space in India

Experian has significantly expanded its Global Innovation Centre (GIC) in Hyderabad, doubling its office space.

01 April 2025

/payments

Wearable UK tipping app launches

UK startup thankyü has unveiled an app that lets customers tip hospitality staffers with a tap of their phone against a wearable tipping band.

01 April 2025

/payments

Mastercard brings embedded virtual card tech to commercial payments

Mastercard is launching a programme designed to bring embedded virtual card technology to commercial payments.

01 April 2025

/retail

10x opens exploratory talks over possible sale

Former Barclays chief Antony Jenkins is reportedly weighing a sale of 10x, the core banking startup he founded almost a decade ago.

31 March 2025

/regulation

FDIC says banks don't need prior approval for crypto activities

US banks no longer need to receive prior approval before engaging in crypto-related activities, says the Federal Deposit Insurance Corporation.

31 March 2025

/retail

UK to raise deposit protection limit to £110,000

The Prudential Regulation Authority (PRA) is proposing to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.

31 March 2025