Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.

Westpac has signed a five-year deal with Amazon Web Services to bolster its hybrid cloud strategy.

Ripple has chosen Bank of New York Mellon as primary custodian for its US dollar-pegged stablecoin reserves.

The Bank for International Settlements is working on a data-streaming prototype capable of handling 2000 data points every second.

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.

ING Bank says a six-year transition to DevOps and agile development methodologies is playing a critical part in the achievement of its ‘Think Forward’ digital transformation strategy.

Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login.

The sustainable development goal-linked investment app Etcho recently closed its pre-seed funding round, raising £279,000 from angel investors and on Crowdcube.

The Financial Conduct Authority has unveiled plans to make it easier for firms to test innovative products and to support new firms applying for regulatory approval as part of its work programme for 2025-2026.

The latest survey report by Finextra, which included responses from 200 financial services professionals across the US, highlights both optimism and uncertainty surrounding the sector’s regulatory readiness. Conducted between January 16–29, 2025, the survey captured insights from C-level executives to senior managers working in banks, credit unions, payment service providers, technology providers, and fintech firms with revenues ranging from under $10 billion to over $250 billion. These findings come at a pivotal time following the election of Donald Trump and the delay in new regulatory rulemaking, creating a climate of heightened uncertainty for the US financial sector.

Jackie Bennett, chair of the Bank of England’s Residential Property Forum, has joined Climate X to help the UK housing market prepare for climate change.

The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial Services.