The UK Department for Science, Innovation, and Technology announced billions of pounds in investments for AI innovation on Thursday.

British AgTech bank Oxbury has reported a pre-tax profit of £3 million and is on target to reach £1 billion in lending in the coming months.

In a conversation with Pierre-Olivier Brodeur, lead sustainability and decarbonisation projects incubator at the Business Development Bank of Canada (BDC), Brodeur discussed how new positions are being formed to account for sustainable practices and focus on climate solutions in the finance industry.

The layoffs of federal workers in the US as a result of the government shutdown could create numerous blind spots in the regulation of the country’s banking sector, says the CEO of a fintech startup.

Demonstrated by UBS, Chainlink has introduced technology that enables financial institutions to use Swift messages to instruct on-chain token transfers, helping the messaging network become interoperable across nearly all blockchain environments.

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore why the UK AI market is set to grow exponentially.

PayPal Ventures has co-led a $30 million Series C funding round for generative conversational AI platform Rasa.

The banking groups have publicised plans to jointly acquire payments processing technology for card holders and merchants.

German bank KfW is preparing to issue its first blockchain-based digital bond in the form of a crypto security in accordance with the German Electronic Securities Act (eWpG).

India is rolling out new domains for banks and other financial services providers in an effort to tackle cybercrime.

Bank of America scored a record 341 US patents in the first half of 2022, a 50% year-on-year increase, with information security and AI seeing the most action.

JPMorgan Chase is to get a good look at the next generation of software geeks emerging from US colleges by launching a ‘Code for Good’ challenge at its offices across the US.

Wise’s plan to move its primary listing to the US is drawing fire from co-founder Taavet Hinrikus and proxy advisory firms because the vote on the move will also ask shareholders to greenlight an extension of the money transfer company’s dual-class share structure.

At EBAday 2025, two expert panels explored the challenges of Verification of Payee and fraud prevention, as well as how growing volumes of instant and real-time payment systems impact PSPs and their customers.