Bank of England Denies Conflict With Government Over Revolut Banking License

Bank of England Denies Conflict With Government Over Revolut Banking License
Bank of England Denies Conflict With Government Over Revolut Banking License
August 08, 2025  |  Bank Regulation

Bank of England Gov. Andrew Bailey reportedly denied a media report that the central bank and the U.K. government had a “falling out” over delays in allowing Revolut...

READ MORE >
Stanford AI Agents’ Lab Finds Promising COVID-19 Drug Leads in Days
Stanford AI Agents’ Lab Finds Promising COVID-19 Drug Leads in Days
August 08, 2025  |  artificial intelligence

Like any busy scientist, Stanford University professor James Zou would like to explore hundreds of research ideas but only has time for two or three....

READ MORE >
This Week in Stablecoins: Replacing Financial Plumbing, Not Dollars
This Week in Stablecoins: Replacing Financial Plumbing, Not Dollars
August 08, 2025  |  Cryptocurrency

Stablecoins would rather that the traditional financial sector forgot about the last decade of crypto. Get the Full Story Complete the form to unlock this...

READ MORE >
Ripple and SEC End Legal Battle by Dropping Appeals
Ripple and SEC End Legal Battle by Dropping Appeals
August 08, 2025  |  Blockchain

Blockchain company Ripple and the Securities and Exchange Commission (SEC) told a court Thursday (Aug. 7) that they have ended their appeals in a long-running legal battle.  Get...

READ MORE >
Platforms Lure SMBs Seeking Capital From Alternative Lending Options
Platforms Lure SMBs Seeking Capital From Alternative Lending Options
August 08, 2025  |  Loans

PYMNTS Intelligence has long chronicled the challenges facing smaller firms navigating the storms of economic volatility. Capital, of course, offers up a buffer against the...

READ MORE >
BBVA Begins Acting as Independent Custodian for Binance Clients
BBVA Begins Acting as Independent Custodian for Binance Clients
August 08, 2025  |  Cryptocurrency

Spanish bank BBVA is reportedly acting as an independent custodian for clients of cryptocurrency exchange Binance, helping those customers hold assets off the exchange. Get...

READ MORE >
This Week in AI: ChatGPT Gets an Upgrade; Expedia Embraces AI
This Week in AI: ChatGPT Gets an Upgrade; Expedia Embraces AI
August 08, 2025  |  Artificial Intelligence

From the release of GPT-5 to travel platform Expedia implementing artificial intelligence throughout its business to rental car companies using the tech to assess damage...

READ MORE >
OpenStore Shifts Focus From Shopify Aggregator to Menswear Brand
OpenStore Shifts Focus From Shopify Aggregator to Menswear Brand
August 08, 2025  |  eCommerce

Shopify aggregator OpenStore is reportedly in the midst of a reorganization in which it is shutting down more than 40 Shopify stores, liquidating remaining inventory,...

READ MORE >
UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
August 08, 2025  |  Regulation

The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking...

READ MORE >