Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has launched Hyperswitch, the world’s first open-source modular payments platform.

The Bank of England (the Bank) has today launched the 2025 Bank Capital Stress Test for the seven largest and most systemic UK banks and building societies. The exercise is the successor to the Annual Cyclical Scenario (ACS).

The test involves a hypothetical stress scenario which will be used to assess the resilience of the UK banking system to deep simultaneous recessions in the UK and global economies, large falls in asset prices, higher global interest rates, and a stressed level of misconduct costs.

Burbank, a pioneer in next-generation payments technology, has announced its GBP 5 million Series Seed financing to support the launch of its ground-breaking payments platform, Card Present over Internet (CPoI). The funding round was led by Mouro Capital with participation from Anthemis (supported by Foxe Capital), Portfolio Ventures and others. These funds will accelerate the global roll out of Burbank's platform.

The future of risk and compliance is evolving — are you ready?

The highly anticipated 9th Edition Risk & Compliance in Financial Services Conference will take place on 29th April 2025 at the One America Square in London, UK.

Lloyds Banking Group, the UK’s largest digital bank, has partnered with leading edtech firm, Cambridge Spark, on a bespoke six-month training programme to further strengthen AI capabilities across its senior management teams.

Following a landmark decision by the Financial Conduct Authority (FCA) to fine the London Metal Exchange (LME) £9.2 million for serious operational failings, compliance expert Vivek Dodd, CEO of compliance training provider Skillcast, has urged regulated markets across the UK to treat this as a wake-up call - not to become complacent about the critical importance of robust training and operational preparedness.

What began as a clever way to keep airline passengers loyal has morphed into one of the world’s largest—financial ecosystems and untaped purchase power. Customer rewards are everywhere, but their value is often trapped behind expiry dates, obscure rules, and brand silos. Rewards aren’t perks anymore. They’re liquid assets. And it’s time they acted like it.

The Hidden Economy of Loyalty

Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated.

Basware, the global leader in Invoice Lifecycle Management, has been named a Leader in the first Gartner® Magic Quadrant™ for Accounts Payable Applications. For Basware, this exemplifies its commitment to continuous innovation for the office of the CFO – delivering an end-to-end invoice lifecycle solution that spans from network and invoice ingestion to statement reconciliation and recovery services.  

TreasurySpring, the global cash investment platform, has announced the launch of a new currency conversion capability. This integrated feature simplifies the process of converting cash between major currencies, providing Financial Directors and Treasurers with a more efficient and transparent solution to foreign exchange.