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Trump calls on congress to cap credit card rates

January 21st 2026

President Donald Trump says he will ask Congress to implement a one-year 10% cap on credit card interest rates in a move that JPMorgan chief Jamie Dimon says would spell “economic disaster” for the US.

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Stablecoin platform RedotPay raises $107 million

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Deutsche Bank goes live with Wero

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Barclays to test ExpectAI platform to help SMEs with sustainability insights

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Belgium bank-owned itsme acquires Dutch banks’ digital ID service iDIN

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Google launches UPI-linked credit card in India

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Co-branded card provider Imprint hits unicorn status

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Noah and Fin.com launch fiat-to-stablecoin virtual accounts

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DTCC picks Canton Network to tokenise US Treasury securities

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HSBC pledges to keep all UK branches open for next two years

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Monzo secures EU licence; opens Irish waitlist

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Fintech hiring hits new heights as UK unemployment rises

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Bunq introduces crypto roundups and upgraded AI assistant

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Square pilots cash rounding to help sellers with penny’s demise

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Informed.IQ raises $63m for AI-powered fraud prevention and loan verification

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Starling embarks on hiring spree as SaaS unit Engine moves to new HQ

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Visa launches stablecoin settlement in the US

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FCA sets up commercial scheme for variable recurring payments

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Monzo CEO Anil pushed out over boardroom disagreements

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Monzo to acquire digital mortgage broker Habito

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PayPal applies for US banking licence

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