The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%.

Finextra Research has collaborated with Deloitte’s Richard Walker, HSBC’s Mark Williamson and Ciaron Roddy and BBVA’s Francisco Maroto amongst others and to produce a detailed report on the future of blockchain technology in financial services: Where is the industry now? Where could it go? How do we get there?

Retail investment platform PrimaryBid is in talks with several financial institutions and investors about a possible takeover.

The UK Government is pressing ahead with new rules designed to protect online shoppers using buy now, pay later products.

Investment into US and UK fintech startups experienced sharp declines in 2023, with inflation, increased interest rates, geopolitical issues, and other macroeconomic conditions all hitting valuations and deal activity.

Santander says that over £18 million was stolen from customers by scammers in the first three months of 2025.

Black Ore, a startup developing AI tools for financial services firms, has emerged from stealth with $60 million in financing led by a16z and Oak HC/FT, with participation from a host of big-name angel investors.

The Financial Ombudsman Service (FOS) has reported that they received 40% more complaints in the first half of 2024 than in the same period in 2023.

UK-based fintech Colt Technology Services has completed a proof of concept (PoC) which it claims demonstrates the viability of hosting and distributing multicast data in the cloud for capital markets firms.

New Zealand-based anti-money laundering technology scaleup First AML has launched in the UK as it seeks to take advantage of a ‘perfect storm’ of events boosting interest in its platform.

Standard Chartered’s SV Ventures arm is launching a fintech that helps firms in regulated industries build run and deploy business applications in the cloud.

Binance has launched a parent-controlled crypto app and sub-account for kids and teens aged between six and 17.

National Australia Bank has signed a five-year deal with Microsoft to co-design, develop and invest in the bank’s multi-cloud strategy, porting 1000 of its 2600 apps to Azure as the primary cloud.

Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure in a move the bank says will have a significant effect on customer experience.

ING is to provide customers in Spain and the Netherlands with a ‘financial advisor in your pocket’ through the launch of a new mobile app dubbed My Money Coach.