Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.

With growing momentum surrounding digital currencies, Nordic central banks are increasingly responding to the need for digital transformation in the monetary landscape. Events like NextGen Nordics at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, are propelling forward the discussions on their advantages and risks, especially in relation to traditional banking systems. But, as enthusiasm around CBDCs rises, so does the concern over their potential to disrupt existing financial systems, particularly through the risk of disintermediation of native banking systems.

After 36 gruelling hours of coding, designing and testing, Sage Pay’s three-person team has emerged victorious at the ZappHack Revive Retail hackathon in London this week.

At Finextra’s first NextGen: AI event, Roberto Napolitano, chief marketing officer at Innovate Finance, moderated the panel session: ‘How do we deploy?’ in conversation with speakers Sandra Blaga, strategy and innovation manager of AI delivery at NatWest, and Prashant Jajodia, managing partner and financial services sector lead at IBM.

Fidelity Investments, Thomson Reuters and Amazon are backing a fintech startup programme in Boston that will provide early stage firms with free and discounted access to financial data sets to test-drive their applications.