UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.

In a first for England, from next year the University of Sussex is introducing a BSc Finance and Technology (Fintech) degree.

JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early next year, enabling shoppers to make purchases by scanning their palms or faces.

Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.

Citi is the latest big-name traditional financial services player to invest in stablecoin infrastructure platform BVNK.

Latin American cross-border payments platform dLocal is expanding in the UK after securing an authorised payment institution licence from the FCA.

Banking-as-a-Service player Synctera has raised $15 million in funding and signed online checkout giant Bolt as a customer.

NatWest, CIBC, ITAU and NAB have joined forces to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

Chinese e-commerce giant Tencent is heading up a $35 million financing round for UK-based startup TrueLayer, further adding to its growing portfolio of fintech investments.

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

Giles Andrews, the co-founder of Zopa – the world’s first online peer-to-peer lending business – is bringing some fintech chops to C. Hoare, the UK’s oldest private bank.

Google and PayPal have agreed a multi-year collaboration to advance agentic shopping and frictionless commerce payments.

Equals Money, a payments provider for company expenses, has launched a Banking-as-a-Service product to helping businesses offer their own digital payment and card services.

Swedbank has acquired Stabelo, a tech-led mortgage business with a focus on younger, more digitally-aware customers.

Fresh from a £37 million funding round, London-based digital wallet Curve is hiring 50+ customer experience recruits to provide human-centric tailored services to its six million user base.