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BofE governor: AI likely to displace jobs

December 21st 2025

The rise of artificial intelligence will probably displace people from jobs, but the technology is also likely to be “the next leg up” for UK economic growth, according to the governor of the Bank of England.

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Billboard campaign advertising Instagram’s failure to stop scams blocked by Meta media buyers

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Bank of London CEO departs

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Mastercard launches Access Pass programme to boost customer engagement

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BKN301 buys AI fintech Planky

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Klarna unveils stablecoin

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ABN Amro to axe 5200 staff

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Swiss banks switch on open banking

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RTGS.global adds 23 currencies to cross-border payments network

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ABN Amro to axe a quarter of staff

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AI workflow startup Model ML raises $75 million

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Curve shareholder files legal challenge to block £125m Lloyds deal

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Green Dot breaks up as bank and fintech units get separate owners

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Court complaint alleges Binance founder facilitated payments to Hamas

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Monzo tops 14m customers

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Revolut achieves $75 billion valuation

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Top US banks hit by cyber breach at mortgage tech supplier

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Pay.com.au raises $53 million for expansion into the US

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FCA moves to streamline transaction reporting requirements

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Crypto firm KuCoin integrates with Brazil’s Pix

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OCC rolls out AWS GenAI tech

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