October 2025 – Page 3

Regulator Alerts Australian Banks About Technology Risks

Australian banks and their internal audit teams must prioritize the risks associated with legacy technology and an over-reliance on a limited number of cloud service...

Barclays Set to Purchase Lending Startup for $800 Million

UK bank Barclays is set to expand its presence in the US consumer banking market after agreeing to acquire US-based personal lending fintech BestEgg for...

Klarna Introduces New Membership Program

As Klarna evolves from a Buy Now, Pay Later (BNPL) provider to a comprehensive banking entity, it has introduced a global membership program that offers...

Saudi BNPL Startup Tabby Raises Valuation to $4.5 Billion

A recent secondary share sale has increased the valuation of MENA-based financial app Tabby to over $4.5 billion. The new investors, including HSG and Boyu...

UK Payments Industry Cautions Government: Regulatory Overhaul More of a ‘Reshuffle than Reform’

The UK government's decision to eliminate the Payment Systems Regulator (PSR) has drawn criticism from a prominent industry association, which argues that the plans resemble...

Crypto Staking Company Prepares for LSE Listing

Isle of Man-based crypto staking firm KR1 is set to make a significant transition by seeking a listing on the London Stock Exchange (LSE). The...

PayPal Wallet Now Available in ChatGPT

Shares in PayPal surged over 10% following news of its partnership with OpenAI, which will allow the integration of its wallet into ChatGPT. PayPal has...

Western Union Set to Introduce Stablecoin

More than 150 years after launching its money transfer service, Western Union is set to introduce its own stablecoin. Scheduled for release in the first...

Bunq Obtains U.S. Broker-Dealer License

European challenger bank bunq has received approval from the US regulator FINRA to operate as a broker-dealer in the US market. This marks bunq's initial...

UK Commits to Supporting Innovative Financial Services Firms with New Scale-Up Initiative

The UK government is launching a "scale-up unit" aimed at supporting and guiding innovative, fast-growing fintechs, banks, and insurers. Unveiled by Chancellor of the Exchequer...