As digital banking becomes the norm, over a third (34%) of Brits are worried about the potential of IT failures at their banks, and 25% now keep cash on hand as a precaution against outages.

This trend reflects the growing uncertainty consumers feel about the reliability of digital financial services, as the availability of in-person banking continues to decline.

KAST, a financial-technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round.

Ageras, a leading fintech platform for accounting software, business banking and admin tools in Europe, has received final approval by the French banking regulator ACPR to complete its acquisition of Shine, the French business banking platform, in a divestment transaction by banking institution Société Générale announced in June, 2024 that is

Corpay, Inc., a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with UFC, the world's premier mixed martial arts (MMA) organization, to become their official and exclusive Global Foreign Exchange (FX) Partner.

Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans.

Global fintech company, Unlimit, announced a strategic collaboration with TRON DAO aimed at enhancing its payment solution and facilitating easier access to DeFi, GameFi, and NFT platforms in emerging markets. 

Saga, one of Serbia’s leading IT companies, has partnered with Salt Edge, a global pioneer in Open Banking solutions, to support Serbian banks in meeting the latest Open Banking regulatory requirements. This collaboration follows Salt Edge’s recent expansion into the Republic of Serbia.

CBDCs in 2025:

D•One, the open banking business unit from The ClearScore Group, has announced a partnership with 118 118 Money to provide open banking connectivity and transaction categorisation intelligence.

118 118 Money specialises in loans and credit cards for the underserved near-prime market. It will take open banking data for prospective borrowers from D•One so that it can assess affordability for prospective borrowers, both on its site and via the ClearScore marketplace.