Finextra

Finextra

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Leading global fintech/bankingtech/payments newswire covering retail, wholesale, payments, regtech, and bank technology.

Destabilising the Stable: How Stablecoins Are Perfect for Fraudsters
VideoMar 26, 2026

Destabilising the Stable: How Stablecoins Are Perfect for Fraudsters

The interview on Finextra TV examines why stablecoins—digital assets pegged to fiat currencies—have surged to roughly $300 billion in market value and why that growth is attracting fraudsters. Professor Andros Gregoriou explains that their perceived stability and 24‑hour liquidity make them...

By Finextra
Defining True ROI Will Decide The Winners and Losers of AI
VideoMar 24, 2026

Defining True ROI Will Decide The Winners and Losers of AI

Finextra TV’s interview with Phil Drury, CIO of Poolside, centered on the emerging reality that defining true return on investment will determine which firms thrive and which falter in the AI boom. The conversation unfolded against a backdrop of a...

By Finextra
Asic Issues Warning as Young Aussies Turn to Finfluencers for Financial Advice
NewsMar 16, 2026

Asic Issues Warning as Young Aussies Turn to Finfluencers for Financial Advice

The Australian Securities and Investments Commission (ASIC) is warning young Australians to verify the financial advice they encounter online. New research shows that nearly two‑thirds of Gen Z consumers turn to social media for financial guidance, while about one‑in‑five rely...

By Finextra
Fintech Startup Chaseit.ai Launches AI Agents for Call Centre Loan Servicing
NewsMar 16, 2026

Fintech Startup Chaseit.ai Launches AI Agents for Call Centre Loan Servicing

Lithuanian fintech Chaseit.ai has entered live production with AI agents that automate loan‑servicing calls. The agents manage inbound and outbound interactions, verifying identities, reminding borrowers, negotiating repayment plans, and escalating complex issues to human staff. Within seven months of founding,...

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European Fintechs Remain Reliant on US Investors, but Sovereignty Gap Is Closing
NewsMar 12, 2026

European Fintechs Remain Reliant on US Investors, but Sovereignty Gap Is Closing

Finch Capital’s latest report reveals that Europe’s fintechs remain heavily dependent on US investors for later‑stage financing, with all rounds above €1 bn in the past five years led by US capital. Without that support, a €9 bn funding gap would emerge,...

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RBC Buys Mortgage Tech Provider Pinch
NewsMar 12, 2026

RBC Buys Mortgage Tech Provider Pinch

Royal Bank of Canada announced the acquisition of Toronto‑based Pinch Financial, a digital mortgage qualification platform, with financial terms undisclosed. Pinch’s technology verifies borrower data online and streamlines the application process, having assisted tens of thousands of Canadians since its...

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Hackers Leak Customer Data After Telco Refuses to Pay Ransom
NewsMar 11, 2026

Hackers Leak Customer Data After Telco Refuses to Pay Ransom

Hackers from the ShinyHunters collective stole personal data of over six million Odido customers and demanded a €1 million ransom. Odido refused to pay, following police advice, prompting the attackers to leak a million lines of data daily and eventually publish...

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EBAday Agenda to Provide Blueprint for the 2030 Payments Playbook
NewsMar 11, 2026

EBAday Agenda to Provide Blueprint for the 2030 Payments Playbook

EBAday returns for its 21st edition on 16‑17 June 2026 in Copenhagen, drawing over 1,400 senior European payments executives. The two‑day conference will map the 2030 payments playbook, covering upcoming regulations such as PSD3, PSR and FIDA, as well as emerging technologies...

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BBVA Boosts Audit Productivity with AI Assistant
NewsMar 11, 2026

BBVA Boosts Audit Productivity with AI Assistant

BBVA has integrated ChatGPT Enterprise across its 120,000‑employee workforce, including a custom GPT for its internal audit function. The AI assistant automates data‑analysis tasks, reducing manual programming and documentation while maintaining auditor oversight. BBVA estimates a 10 % productivity gain for...

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Morningstar Increases LSEG Uncertainty Rating on LLMs' Impact on Data Biz
NewsMar 10, 2026

Morningstar Increases LSEG Uncertainty Rating on LLMs' Impact on Data Biz

Morningstar has raised its uncertainty rating for the London Stock Exchange Group (LSEG) to high, citing the unpredictable impact of large language models (LLMs) on the exchange’s data business. The rating reflects concerns that AI‑driven tools could reshape how market...

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Robinhood Bids to Become Super App for Family Finance
NewsMar 10, 2026

Robinhood Bids to Become Super App for Family Finance

Robinhood announced a family‑focused suite of products designed to become a financial superapp for households. The upcoming Family Hub will let users group accounts by family member, customize views, and assign granular permissions, while custodial accounts let parents invest for...

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Finextra Partners with PIMFA WealthTech and Morningstar on AI Tech Sprint
NewsMar 10, 2026

Finextra Partners with PIMFA WealthTech and Morningstar on AI Tech Sprint

Finextra has announced an AI Tech Sprint in partnership with the PIMFA WealthTech Advisory Group and Morningstar, inviting fintech firms to demonstrate AI-driven wealth management solutions. The competition will be judged by senior industry representatives from PIMFA and Morningstar, offering...

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Irish Banks Launch P2P Payments Service
NewsMar 9, 2026

Irish Banks Launch P2P Payments Service

Ireland’s three largest retail banks—AIB, Bank of Ireland and PTSB—are rolling out Zippay, a peer‑to‑peer mobile payment service developed by Nexi, starting 10 March. The app, embedded directly within each bank’s existing mobile platform, will initially reach a potential user base...

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Revolut Files for US Banking Licence
NewsMar 5, 2026

Revolut Files for US Banking Licence

Revolut has formally applied to the Office of the Comptroller of the Currency and the FDIC for a U.S. national bank charter, abandoning an earlier plan to acquire an existing lender. The fintech appointed Cetin Duransoy, a veteran of Capital One and...

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Cake Wallet Launches Self-Custodial Lightning
NewsMar 2, 2026

Cake Wallet Launches Self-Custodial Lightning

Cake Wallet introduced self‑custodial Lightning support, allowing users to send and receive Bitcoin instantly on mobile without managing channels, liquidity, or staying online. The integration leverages the Breez SDK and Spark, keeping funds under user control while offering privacy‑by‑default features....

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Eltropy Launches Agentic AI Platform for Credit Unions
NewsMar 2, 2026

Eltropy Launches Agentic AI Platform for Credit Unions

Eltropy unveiled the industry’s first Agentic AI platform designed specifically for credit unions, offering a secure environment where AI agents can be created, governed, integrated, and deployed. The solution ties together credit unions, FinTech developers, and core system providers through...

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DTCC to Launch Equities Data Portals
NewsMar 2, 2026

DTCC to Launch Equities Data Portals

DTCC announced the upcoming launch of next‑generation equities data portals that will give clients a unified view of clearing, settlement and post‑trade processing information from its NSCC and DTC subsidiaries. The portals, built on Snowflake’s AI Data Cloud, feature intuitive...

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FundBank Acquires Irish Layer 1 Blockchain Firm Trrue
NewsMar 2, 2026

FundBank Acquires Irish Layer 1 Blockchain Firm Trrue

FundBank, a U.S. institutional banking platform founded by former Waystone executives, completed the acquisition of Irish Layer‑1 blockchain startup Trrue Chain for roughly €10 million. The deal, finalized last week, brings Trrue’s core blockchain infrastructure and its founding team into FundBank’s growing...

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Lloyds Stops Opening some Bank Accounts for Customers in Branches
NewsFeb 27, 2026

Lloyds Stops Opening some Bank Accounts for Customers in Branches

Lloyds Banking Group announced it will no longer open joint, premium or student accounts in its branches, and staff will not switch customers from other providers. Customers seeking new accounts will be directed to the bank’s app or website, though...

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Augmentum Fintech Accepts £186m Cash Takeover Offer
NewsFeb 26, 2026

Augmentum Fintech Accepts £186m Cash Takeover Offer

Augmentum Fintech has agreed to a £185.7 million cash takeover by Norwegian buyout firm Verdane, representing a 27 % premium at 111 pence per share. The board unanimously recommended the offer, targeting completion in the second quarter. Augmentum’s portfolio includes 27 fintechs such...

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US Regional Banks Build Tokenised Deposit Network
NewsFeb 26, 2026

US Regional Banks Build Tokenised Deposit Network

A consortium of five US regional banks—First Horizon, Huntington Bancshares, KeyCorp, M&T Bank and Old National Bancorp—has announced the creation of the Cari Network, a permissioned blockchain platform for tokenised deposits. The pilot will launch in the third quarter with...

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Novel Banking Licence in Latvia Could Pave the Way for New Market Entrants
NewsFeb 26, 2026

Novel Banking Licence in Latvia Could Pave the Way for New Market Entrants

Latvia introduced a new specialised credit institution licence, lowering the initial capital requirement to €1 million and granting deposit‑taking rights and EU‑wide passporting. The amendment to the Credit Institutions Law took effect on 6 January 2026, creating a hybrid category that operates like...

By Finextra
Do What You Do Best: Partnerships as a Strategy for Future Resilience
VideoFeb 26, 2026

Do What You Do Best: Partnerships as a Strategy for Future Resilience

The Finextra TV interview spotlights partnerships as a cornerstone of future resilience for financial services. Emily Turner of Clearbank and Daria Dubinina of Crassula argue that collaborations are moving beyond occasional projects to become a strategic layer of operations, essential...

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The UK's Race to October 2027: Predictions for a T+1 Future
VideoFeb 25, 2026

The UK's Race to October 2027: Predictions for a T+1 Future

Val Wotton, DTCC’s Global Head of Equity Solutions, outlined the industry’s push toward 24‑hour, five‑day trading and accelerated settlement cycles as the UK targets a T+1 settlement deadline in October 2027. He highlighted the development of limit‑up/limit‑down mechanisms to curb...

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Sphinx Raises $7.1m for Complaince Agent
NewsFeb 17, 2026

Sphinx Raises $7.1m for Complaince Agent

Sphinx announced a $7.1 million seed round led by Cherry Ventures, with participation from Y Combinator, Rebel Fund, Deel Ventures and Singularity Capital. The startup offers browser‑native compliance agents that embed directly into banks' and fintechs' existing tools to automate AML, KYC...

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Emirates NBD Leads $31 Million Round in Real Estate Investment Platform Stake
NewsFeb 17, 2026

Emirates NBD Leads $31 Million Round in Real Estate Investment Platform Stake

Stake, a fractional real‑estate investment platform, closed a $31 million financing round led by Emirates NBD, bringing its total capital to $58 million. The raise backs Stake’s rapid expansion beyond Saudi Arabia into the United States and supports its regulated offering in the Kingdom....

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Why Is Now the Right Time for More Sovereign Tokenisation Developments?
VideoFeb 16, 2026

Why Is Now the Right Time for More Sovereign Tokenisation Developments?

London’s Digital Assets Forum highlighted Lloyd’s Banking Group’s Great British Tokenized Deposit (GBTD) initiative, a UK‑driven effort to issue interoperable, bank‑backed digital money on blockchain. The project aims to replace a fragmented stable‑coin market with a single, regulated token that...

By Finextra
Global Fintech Investment Rebounds in 2025, Supported by Stronger Exit Activity
NewsFeb 16, 2026

Global Fintech Investment Rebounds in 2025, Supported by Stronger Exit Activity

Global fintech investment rebounded in 2025, reaching $116 billion despite a record‑low 4,719 deals, indicating larger, more selective transactions. Venture capital contributed $56.7 billion while M&A added $55.4 billion, with the United States leading deal value. Digital‑assets funding nearly doubled to $19.1 billion, buoyed...

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Q-Day: Bank Quantum Attack Could Cost US Economy Trillions, Warns Citi
NewsFeb 16, 2026

Q-Day: Bank Quantum Attack Could Cost US Economy Trillions, Warns Citi

Citi warns that quantum computers could break public‑key encryption within the next decade, estimating a 19‑34% probability of a widespread breach by 2034 and 60‑82% by 2044. A successful quantum attack on a major U.S. bank could generate $2‑3.3 trillion in...

By Finextra
How Risk Transformation May Define Firms Ability to Stay Competitive
VideoFeb 12, 2026

How Risk Transformation May Define Firms Ability to Stay Competitive

The discussion centers on why 2026 will be a pivotal year for risk transformation in B2B fintech, especially within asset and dealer finance. Adam Tate argues that overlapping pressures—from tighter credit regulation to rapid technological advances—are forcing firms to rethink...

By Finextra
Market Growth & Digitisation: Advancing Mortgage Lending in 2026
VideoFeb 12, 2026

Market Growth & Digitisation: Advancing Mortgage Lending in 2026

Alex Lipitch and Paul Walton discussed the outlook for UK mortgage lending, projecting a modest 4% rise to roughly £320 bn by 2026. The conversation highlighted that the real battleground will be retaining the 1.8 million borrowers whose fixed‑rate deals expire this...

By Finextra
Beyond Connectivity and ISO 20022 Compliance: How to Reduce TCO and Unlock Value
NewsFeb 6, 2026

Beyond Connectivity and ISO 20022 Compliance: How to Reduce TCO and Unlock Value

In‑house Swift connectivity imposes heavy operational and financial burdens due to infrastructure upkeep, specialist staffing, and ongoing compliance. Shifting Swift to an external service bureau reduces technology overhead, eliminates round‑the‑clock support, and lowers total cost of ownership. Consolidating Swift and...

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Virgin Media O2 Inks BNPL Deal with Affirm
NewsFeb 6, 2026

Virgin Media O2 Inks BNPL Deal with Affirm

Virgin Media O2 has announced a partnership with U.S. buy‑now‑pay‑later provider Affirm to offer transparent financing for devices. The deal lets new and existing O2 customers select from a range of monthly payment plans for phones, headphones and gaming consoles,...

By Finextra
Broadridge to Buy CQG to Boost Futures and Options Trading Capabilities
NewsFeb 6, 2026

Broadridge to Buy CQG to Boost Futures and Options Trading Capabilities

Broadridge Financial Solutions announced it will acquire CQG, a leading provider of futures and options trading, execution management, and market connectivity, though financial terms remain undisclosed. The deal will integrate CQG’s execution management, algorithmic trading, and analytics capabilities into Broadridge’s...

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AI Personal Banking Assistant Cleo Relaunches in UK
NewsFeb 6, 2026

AI Personal Banking Assistant Cleo Relaunches in UK

Cleo, the AI‑powered personal banking assistant, has relaunched in the UK after building a sizable user base in the United States. The chatbot delivers spending insights, budgeting tips and savings advice, while offering playful "roast" and "hype" modes to engage...

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NatWest Plans to Grow Accelerator Community to 50,000 Members Across the UK in 2026
NewsFeb 6, 2026

NatWest Plans to Grow Accelerator Community to 50,000 Members Across the UK in 2026

NatWest announced it will expand its Accelerator community to 50,000 entrepreneurs across the UK by 2026, a five‑fold increase over its 2025 target. The bank already exceeded its 2025 ambition, reaching roughly 12,000 members and surpassing the total it had...

By Finextra
CommBank Bids to Ease Customer Fears over AI Adoption
NewsFeb 6, 2026

CommBank Bids to Ease Customer Fears over AI Adoption

Commonwealth Bank of Australia has teamed with Melbourne Business School to launch the AI Attitudes Barometer, a longitudinal study of 5,109 Australian adults on AI perception in financial services. Early results show 69% of respondents would favor a bank whose...

By Finextra
Visa Launches Platform to Back US Small Businesses
NewsFeb 6, 2026

Visa Launches Platform to Back US Small Businesses

Visa has unveiled the Visa & Main platform to give U.S. small businesses broader access to capital, customers, and operational tools. The initiative includes a $100 million working‑capital facility partnered with community lender Lendistry. It also offers merchants marketing support tied to the...

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Phixius by Nacha and Kinexys by JP Morgan Integration Goes Live
NewsFeb 5, 2026

Phixius by Nacha and Kinexys by JP Morgan Integration Goes Live

Phixius by Nacha announced that its integration with Kinexys Liink, J.P. Morgan’s blockchain‑based data‑sharing network, is now live. The connection creates a multi‑responder account validation system for ACH payments, allowing requesters to receive verification from several trusted Phixius sources. Near real‑time validation...

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Circle Partners Prediction Market Polymarket
NewsFeb 5, 2026

Circle Partners Prediction Market Polymarket

Circle Internet Group announced a partnership with Polymarket to replace the platform’s bridged USDC.e on Polygon with Circle’s native USDC. The native token is issued by Circle’s regulated affiliates and redeems 1:1 for U.S. dollars, offering a more capital‑efficient and...

By Finextra
Ebanx Expands in Asia with New Global CPO Based in Singapore
NewsFeb 5, 2026

Ebanx Expands in Asia with New Global CPO Based in Singapore

EBANX appointed Eduardo de Abreu as its global Chief Product Officer and CEO of EBANX Singapore, relocating from Brazil to Singapore. The move signals a strategic push into the APAC market, where the company now serves over 100 merchants and recorded...

By Finextra
Remitly Cuts 110 Jobs in Israel
NewsFeb 5, 2026

Remitly Cuts 110 Jobs in Israel

Remitly announced it is cutting 110 jobs in Israel, representing more than half of its local workforce. The layoffs follow the company’s $80 million acquisition of Rewire, a platform serving migrant workers, and will leave only sales and business roles in...

By Finextra
Bank ABC’s Ila Bank Goes Live with Temenos Core on AWS
NewsFeb 5, 2026

Bank ABC’s Ila Bank Goes Live with Temenos Core on AWS

Bank ABC’s digital‑only ila Bank has migrated its retail account and lending operations to Temenos’ Core Banking platform hosted on Amazon Web Services, completing the first phase of a broader transformation. The migration, which also incorporated Temenos Payments and Data...

By Finextra
ANZ Deploys "Game Changing" Salesforce AI to Power New CRM System
NewsFeb 5, 2026

ANZ Deploys "Game Changing" Salesforce AI to Power New CRM System

Australian National Bank (ANZ) announced the deployment of Salesforce’s agentic AI to power its next‑generation customer relationship management platform. The AI‑enhanced CRM will automate routine tasks, deliver personalized insights, and streamline interactions across retail and corporate divisions. ANZ expects faster...

By Finextra
Fintech Farm Appoints Tom Dahlström as CEO
NewsFeb 5, 2026

Fintech Farm Appoints Tom Dahlström as CEO

Fintech Farm Ltd announced Tom Dahlström as its new chief executive officer, bringing over 20 years of banking and payments experience, including a stint as chief strategy officer at OP Financial Group and a board seat at S‑Bank. Dahlström’s mandate is...

By Finextra
TreasurySpring Integrates with Clearwater Analytics
NewsFeb 5, 2026

TreasurySpring Integrates with Clearwater Analytics

TreasurySpring announced a direct integration with Clearwater Analytics, linking Clearwater’s investment‑accounting platform to more than 1,000 TreasurySpring cash‑investment products. The partnership gives institutional investors access to fixed‑term funds across eight currencies, diversified exposure to 120+ high‑rated banks and issuers, and...

By Finextra
Alumni of Allianz Trade, Oliver Wyman and Hokodo Launch Agentic Credit Consultancy
NewsFeb 5, 2026

Alumni of Allianz Trade, Oliver Wyman and Hokodo Launch Agentic Credit Consultancy

Former executives from Allianz Trade, Oliver Wyman and fintech Hokodo have launched a new consultancy focused on automating accounts payable and receivable processes. The firm, founded by Louis Carbonnier, Richard Thornton, Sami Ben Hatit and Nicolas Rabinovitch, reports early client engagements delivering a...

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Finova Wins Five-Year Contract Extension with Key Group
NewsFeb 5, 2026

Finova Wins Five-Year Contract Extension with Key Group

Finova has secured a five‑year contract extension with Key Group, the UK’s leading later‑life lender, to continue powering its more2life mortgage products. The renewed deal will see Key Group adopt Finova’s next‑generation lending platform and an agile pricing engine, enabling...

By Finextra
UK Fintech Sidekick Raises £7.8m to Expand Access to Investment Products
NewsFeb 5, 2026

UK Fintech Sidekick Raises £7.8m to Expand Access to Investment Products

UK fintech Sidekick announced a £7.8 million Series A round to fuel growth. The capital, led by existing backers, will expand its digital wealth platform for professionals. Sidekick targets high‑earning individuals whose incomes and assets are becoming more complex, adding a broader...

By Finextra