Fintech
Bank of England Moves First on AI Financial Contagion Testing
Stress tests target herding behaviour and cascade failures as 75% of UK firms deploy AI with no systemic safeguards in place.
Slash Financial Hits $1.4B Valuation as AI Agents Prove Viable in Regulated Banking
Two 24-year-olds raised $100M on $300M ARR, proving agentic AI can automate financial workflows at scale in compliance-heavy environments.
Federal Court Blocks Arizona’s Criminal Case Against Kalshi in Landmark Preemption Fight
CFTC secures restraining order against state gambling prosecution, escalating jurisdictional battle over prediction markets that could reshape fintech regulation.
Revolut Abandons UK License Wait to Pursue US Banking Under Trump
Europe's most valuable fintech pivots to America as London's three-year regulatory delay meets Washington's deregulatory push.
UK Regulators Name Six Firms for Debut Scale-Up Unit Cohort
The PRA and FCA select challenger banks and building societies for tailored growth support, advancing Britain's push to make regulation a competitive edge rather than a barrier.
Block’s 4,000 Job Cuts Expose AI-Washing Playbook Behind Tech Layoffs
Jack Dorsey slashes half his workforce citing AI—but critics see a familiar excuse for pandemic overhiring and stock pressure.
PayPal Denies Stripe Acquisition Talks as Stock Plunges 6% Following Retraction
The payments giant confirmed it is not in discussions to be acquired, contradicting reports that sent shares soaring earlier this week and exposing deeper vulnerability amid leadership transition.
Block Slashes 40% of Workforce in AI-Driven Restructuring as Markets Reward Dorsey’s Efficiency Play
Jack Dorsey's fintech cuts 4,000 employees from strong position as stock surges 23% on bet that AI tools replace human labor at scale.
Plaid Hits $8 Billion Valuation as Fintech Infrastructure Emerges from Three-Year Correction
Open banking platform secures premium pricing in new funding round, marking 51% jump from 2025 and validating regulatory gamble after collapsed Visa deal.