The changing regulatory landscape being driven by the Trump administration could see 2025 being blockchain’s ‘ChatGPT’ moment and also drive huge growth in stablecoins, according to research from Citi.
New research from Visa reveals that more than two fifths (41%) of small-medium businesses in the UK have been a victim of fraud, with the average amount lost due to fraudsters in the last year being £3,808.
Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.
Money management app Chip is building an alternative assets platform that will enable users to buy fractional shares in luxury items.
What potential does AI hold for the future of banking? What challenges and benefits do AI and GenAI-powered solutions pose? These questions were explored in an afternoon panel session at EBAday 2025.
UK digital bank Monzo is set to become the latest European fintech to offer customers mobile phone plans.
Europe needs a digital currency to safeguard against threats from new forms of money like stablecoins, and to reduce reliance on US payments firms amid heightened political tensions, warns European Central Bank chief economist Philip Lane.
A bill banning retailers from refusing to accept cash payments has passed both houses of the New York State Legislature.
BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.
UK-based fintechs Wise and Revolut are both doubling down in India, with the former building a hub in Hyderabad that will employ hundreds of new and the latter securing a license to issue prepaid cards and wallets in the country.
Monzo has rolled out an in-app ‘status call’ feature that helps customers discern whether they’re being called by a genuine bank staffer or a fraudster running an impersonation scam.
Stablecoin platform Rain has raised $58 million in a Series B funding round led by Sapphire Ventures.
Founded by the former CISO of Bank Leumi, Israeli web3 security company SphereX has raised $8.2 million in seed funding for its technology designed to prevent crypto hacks.
Following the 2022 Biodiversity Conference of Parties, the world has been trying to follow the ambitious Global Biodiversity Framework agreement. Recently, they reconvened for the COP16 event in Cali where the focus was on further agreements, resources and plans to ensure the GBF’s success by 2030. At the event, there were some successes and some pitfalls.
A UN-backed biodiversity module has been launched to help financial institutions explore the extent to which their portfolios indirectly drives species extinction risk and impact ecological integrity.