/regulation
The UK's Financial Conduct Authority has called for improvements in digital loans processes to help people better understand what they're signing up for.
31 July 2025
/ai
Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.
/payments
The technical build for Canada's Real-Time Rail (RTR) payments system is almost complete, with testing set to be carried out in autumn ahead of launch.
/markets
Private equity giant Thoma Bravo has bought a stake in capital markets tech provider Trading Technologies (TT).
Less than two months after raising $200 million at a $16 billion valuation, Ramp has pulled in another $500 million in a round that values the expense management startup at $22.5 billion.
30 July 2025
/crypto
Millions of Chase customers will soon be able to directly link their accounts to Coinbase wallets, making it easier than ever for huge swathes of Americans to buy crypto.
/people
Banco Santander has slashed 2000 jobs in the UK as part of ongoing cost-saving measures.
Standard Chartered has signed an AI and cloud deal with Albibaba Group.
Buy now, pay later giant Klarna has scored an Electronic Money Institution licence from the UK's Financial Conduct Authority, paving the way for a full-frontal assault on the retail banking market.
Business payments outfit Airwallex is to double its office space in London after experiencing 109% year-on-year growth in the UK.
Hong Kong-based financial conglomerate ZA Global has led a $40 million Series A2 round in local stablecoin issuer RD Technologies.
Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA's former head of innovation Anna Wallace as CEO.
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