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Chruch News

OCC approves new bank targeting ‘innovation economy’

October 15th 2025

A new bank backed by tech billionaires that plans to fill the gap left by Silicon Valley Bank’s collapse and serve firms in the “innovation economy” has received conditional approval from regulators.

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Coinbase makes superapp play

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Visa and Mastercard face another UK class action suit over card fees

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Trump expected to sign stablecoin regulation Genius Act into law

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FCA sets out BNPL oversight proposals

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OpenAI tests in-chat payment checkout system

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AIB promotes CTO to COO amid tech reorganisation

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Wise shares fall after Q1 earnings miss analysts’ forecast

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French startup Spiko raises $22m

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US Bank completes first fully digital trade finance transaction

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Anthropic unveils Claude for Financial Services

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Barclays fined £42m over money laundering risk failures

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Activist investor builds stake in Global Payments

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Wall Street names announce stablecoin plans

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Computershare named as potential buyer for PrimaryBid

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Wagestream buys pension tech provider Zippen

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UniCredit taps Wise Platform for cross-border retail payments service

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