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Chruch News

UK vows to help innovative FS firms with new scale-up unit

October 25th 2025

The UK government is opening a “scale-up unit” designed to support and guide innovative fast-growing fintechs, banks and insurers.

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Dutch central bank fines bunq over AML shortcomings

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Carlyle to buy intelliflo for up to $200m

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ANZ introduces ‘Digital Padlock’ to lock out cyber criminals

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Indonesia’s Pintarnya raises $16.7m

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OCBC taps blockchain for $1bn digital US commercial paper programme

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UK banks closed third of branches in last five years

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EU weighs public blockchain for digital euro

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Visa shuts US open banking unit – Bloomberg

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Australia orders Binance audit over AML concerns

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Meta inks £10 billion cloud deal with Google

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CFPB sues Synapse for mishandling customer funds

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FTC Chair warns US big tech on complying with UK and EU online safety acts

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İşbank unit taps Algbra for UK digital banking launch

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CommBank reverses plan to replace call centre staff with AI

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Crypto wallet MetaMask launches native stablecoin

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Kraken acquires Capitalise.ai

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Grasshopper Bank adopts Narmi’s MCP server for AI business insights

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Financial trade groups call on Basel Committee to rethink crypto exposure standards

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Fi Money’s ‘Magic Lens’ gives users a true picture of their net worth

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Fifth Third buys cash management outfit DTS Connex

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