Europe’s largest retailers have banded together to press the European Commission to crack down on fees charged by Visa and Mastercard.

British financial regulators have fined Citigroup £61.7 million over a $444 billion fat finger error that led to a $1.4bn sell off of equities in European markets.

Pave Bank has raised $39 million in funding to scale what it calls the first “programmable bank” built for digital assets and the AI era.

In two expert panels at IFGS 2025, speakers considered how geopolitical tensions are impacting the global fintech industry, and strategised how the UK can lead the space.

Swedish PFM platform Tink has launched an API developer portal providing access to financial data from more than 300 banks in a single API.

EQ Bank, the digital arm of Canada’s Equitable Bank, has moved its entire core banking system to the cloud.

When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing, and if banks understand the process of managing these obstacles.

Canadian fintech Neo Financial has raised C$110 million in equity and another C$250 million in debt to fuel its efforts to take on the country’s big five high street banks.

Standard Chartered’s venture arm has sold its incubated startup Solv to Indian B2B commerce marketplace Jumbotail.