Finextra (@Finextra)

Citi and HSBC back IPID Series A finextra.com/newsarticle/484…

Citi and HSBC back IPID Series A

IPID, the payment intelligence company that helps institutions know who they are paying, has secured investment from Citi and HSBC as part of a $16 million Series A funding round.

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Finextra · Sep 24, 2026 · 1:48 PM UTC

IBM integrates digital asset platform with Swift shared ledger finextra.com/newsarticle/484…

IBM integrates digital asset platform with Swift shared ledger

IBM is now letting its digital asset platform clients connect to permissioned blockchain networks, including Swift’s shared ledger.

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Finextra · Sep 24, 2026 · 1:09 PM UTC

The Clearing House taps Quant for tokenised deposit network finextra.com/newsarticle/484…

The Clearing House taps Quant for tokenised deposit network

The Clearing House has picked UK-based programmable money infrastructure provider Quant to power a new interoperable payments network that will enable US financial institutions of all sizes to clear...

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Finextra · Sep 24, 2026 · 8:45 AM UTC

UK banks pilot tokenised deposit transactions finextra.com/newsarticle/484…

UK banks pilot tokenised deposit transactions

UK banks have collaborated to complete the first live customer transactions using tokenised sterling deposits.

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Finextra · Sep 24, 2026 · 8:32 AM UTC

Revolut trials Pay with Smile finextra.com/newsarticle/484…

Revolut trials Pay with Smile

Revolut customers can now pay for coffee with their face at three Kiss the Hippo cafés in Bloomsbury, Chelsea and Soho.

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Finextra · Sep 24, 2026 · 8:13 AM UTC

Former Visa crypto lead launches open payments network finextra.com/newsarticle/484…

Former Visa crypto lead launches open payments network

Atum, an open payments network founded by former Visa crypto product team lead Pete Cooling, has emerged from stealth with $13.5 million in funding.

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Finextra · Sep 24, 2026 · 7:59 AM UTC

MyComplianceOffice lands over $100m strategic investment finextra.com/newsarticle/484…

MyComplianceOffice lands over $100m strategic investment

MyComplianceOffice (MCO), a provider of compliance management software for the financial services industry, has secured over $100 million in strategic growth financing from Accel-KKR Credit Partners.

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Finextra · Sep 24, 2026 · 7:52 AM UTC

Trustly slashes 200 jobs finextra.com/newsarticle/484…

Trustly slashes 200 jobs

Swedish open banking outfit Trustly is cutting a quarter of its staff as part of an effort to cut costs and prioritise profitable growth markets.

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Finextra · Sep 23, 2026 · 10:14 AM UTC

Argentex founder Harry Adams raises £7.5 million for new startup Tenora finextra.com/newsarticle/484…

Argentex founder Harry Adams raises £7.5 million for new startup Tenora

Harry Adams, founder of collapsed foreign exchange firm Argentex, has secured £7.5m in funding for his new fintech venture Tenora, as the startup expands its platform beyond foreign exchange into the...

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Finextra · Sep 23, 2026 · 8:30 AM UTC

Polymarket lobbies Europe to treat prediction markets as financial products, not gambling finextra.com/newsarticle/484…

Polymarket lobbies Europe to treat prediction markets as financial products, not gambling

US prediction market Polymarket has been meeting regulators in the UK and Europe to make the case that it should be treated as a financial services provider rather than a gambling firm, according to...

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Finextra · Sep 23, 2026 · 8:26 AM UTC

Tink founders return with agentic compliance startup finextra.com/newsarticle/484…

Tink founders return with agentic compliance startup

Daniel Kjellén and Fredrik Hedberg, founders of the open banking platform Tink, which was acquired by Visa for $2.2B, have launched a new bootstrapped agentic compliance startup, Freda.

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Finextra · Sep 23, 2026 · 8:06 AM UTC

Canadian banks join forces on tokenised deposits finextra.com/newsarticle/484…

Canadian banks join forces on tokenised deposits

Canada's biggest banks have teamed up to explore a Canadian-dollar tokenised deposit system that could deliver faster, more efficient programmable payments.

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Finextra · Sep 23, 2026 · 8:01 AM UTC

Deutsche Bank estimates 30% uplift in client onboarding by deploying KYC AI finextra.com/newsarticle/484…

Deutsche Bank estimates 30% uplift in client onboarding by deploying KYC AI

Deutsche Bank Private Bank has deployed an Agentic AI-enabled Source of Wealth solution across its Singapore and Hong Kong booking centres to streamline the Know Your Customer process.

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Finextra · Sep 23, 2026 · 7:59 AM UTC

SoFi Bank goes live with stablecoin settlement across Mastercard network finextra.com/newsarticle/484…

SoFi Bank goes live with stablecoin settlement across Mastercard network

SoFi Bank has joined forces with Mastercard to migrate its full card programme to blockchain settlement using its own SoFiUSD stablecoin.

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Finextra · Sep 22, 2026 · 2:15 PM UTC

Global banks take on agentic commerce scam and fraud concerns finextra.com/newsarticle/484…

Global banks take on agentic commerce scam and fraud concerns

A group of six global banks, including Bank of America and NatWest, has put together a set of principles designed to address concerns about scams, fraud and data privacy in agentic commerce.

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Finextra · Sep 22, 2026 · 10:39 AM UTC

Monzo EU chief quits to launch his own startup finextra.com/newsarticle/484…

Monzo EU chief quits to launch his own startup

Monzo's EU CEO Micchael Carney has quit the bank five months after its Irish launch to form his own startup company.

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Finextra · Sep 22, 2026 · 10:17 AM UTC

Agent workflow platform Promenaut goes live at HSBC finextra.com/newsarticle/484…

Agent workflow platform Promenaut goes live at HSBC

US-based agentic workforce platform Promenaut has gone into production at HSBC, delivering agent orchestration to specialised workflows within the bank’s operations.

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Finextra · Sep 22, 2026 · 9:30 AM UTC

Nationwide taps Equifax to give customers free access to their credit scores finextra.com/newsarticle/484…

Nationwide taps Equifax to give customers free access to their credit scores

Nationwide Building Society is working with Equifax to provide its six million customers with instant, free access to their credit score directly within its mobile app.

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Finextra · Sep 22, 2026 · 8:51 AM UTC

ClearToken wins Bank of England approval to clear tokenised assets finextra.com/newsarticle/484…

ClearToken wins Bank of England approval to clear tokenised assets

ClearToken, a a London-based clearing house for global digital assets, has been approved by the Bank of England to operate a Digital Securities Depository (DSD) in the Digital Securities Sandbox.

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Finextra · Sep 22, 2026 · 8:28 AM UTC

Russian fintech A7 exploited Swift controls to funnel billion of dollars in sanctioned payments finextra.com/newsarticle/484…

Russian fintech A7 exploited Swift controls to funnel billion of dollars in sanctioned payments

An FT investigation has uncoverd a massive money laundering scam conducted by Kremlin-controlled fintech A7 that tricked international banks into handling billions of dollars in sanction-busting...