September 2025 – Page 12

FCA Seeks Feedback on Plans to Eliminate Contactless Payment Limits

The UK's Financial Conduct Authority (FCA) is considering proposals to increase contactless payment limits for larger transactions. Initially mentioned in January, the FCA aims to...

Boerse Stuttgart Introduces Pan-European Settlement Platform for Tokenized Assets

Boerse Stuttgart is launching Seturion, a comprehensive blockchain-based platform designed for the settlement of tokenized assets across Europe and beyond. This innovative solution is accessible...

LSEG Proposes Sharing Data Center Rooftop Following FCA Competition Investigation

The London Stock Exchange Group (LSEG) has decided to relinquish its exclusive rights to the rooftop of its data center building. This move aims to...

UniCredit Engages BNP Paribas and FNZ for Next Phase of Securities Services Overhaul

UniCredit is set to add 200 new positions as part of a transformative initiative aimed at revamping its securities services. This phase involves collaboration with...

Greek Neobank Snappi Launches Its Services

Snappi, Greece's first ECB-licensed neobank, has officially launched for Greek tax residents, now available on the App Store and Google Play. Headquartered in Ioannina, Snappi...

Accion Ventures Secures $61.6 Million Fund for Early-Stage Fintech Investments

Non-profit group Accion International is enhancing its investment initiative for seed-stage fintech startups focused on financial inclusion, successfully raising $61.6 million from global investors. Limited...

BNP Paribas and HSBC Partner with Canton Foundation

BNP Paribas and HSBC have recently joined the Canton Network blockchain platform's foundational group, which focuses on tokenized assets. This move follows the earlier commitments...

Banks Poised to Ramp Up AI Investment as Productivity Soars

Surge in AI Adoption Among UK Financial Institutions Recent findings from Lloyds’ Financial Institutions Sentiment Survey indicate a significant commitment from UK financial firms towards...

Revolut Partners with Google Cloud in Multi-Million Dollar Agreement

Revolut has secured a significant multi-year, multi-million dollar agreement with Google Cloud, aiming to accelerate its global expansion. This collaboration is a crucial component of...

Fintech Bank Raises $70M in Funding Round

Lead Bank has achieved a valuation of $1.47 billion after securing $70 million to support fintech and crypto companies. New investors Iconiq and Greycroft joined...