FST Financial Sector Technology: a leading business title for IT decision makers in the UK and European financial services sector http://www.fstech.co.uk/ UK Finance has called for a new strategic partnership between the UK and European Union on financial services and published a roadmap that aims to strengthen cooperation and reduce barriers a decade after the Brexit referendum. http://www.fstech.co.uk/fst/UK_Finance_Sets_Out_Roadmap_For_Stronger_UKEU_Financial_Services_Ties.php http://www.fstech.co.uk/fst/UK_Finance_Sets_Out_Roadmap_For_Stronger_UKEU_Financial_Services_Ties.php Neobank Monzo has announced a partnership with non-profit Fair4All Finance aimed at widening access to affordable credit as increasing numbers of British people face barriers to borrowing. http://www.fstech.co.uk/fst/Monzo_partners_with_non_profit_to_widen_access_to_credit.php http://www.fstech.co.uk/fst/Monzo_partners_with_non_profit_to_widen_access_to_credit.php Intesa Sanpaolo launched a €30.6 billion takeover bid for Monte dei Paschi di Siena on Monday, setting up a contest for control of Italy’s oldest bank less than 24 hours after rival Banco BPM proposed merger talks and potentially reshaping the country’s banking sector http://www.fstech.co.uk/fst/Intesa_Launches_30_6bn_Bid_For_Monte_de_Paschi.php http://www.fstech.co.uk/fst/Intesa_Launches_30_6bn_Bid_For_Monte_de_Paschi.php Lloyds Banking Group has expanded its partnership with Microsoft to scale agentic AI across the organisation and deliver more personalised services to its 28 million customers. http://www.fstech.co.uk/fst/Lloyds_Partners_With_Microsoft_To_Scale_Agentic_AI_Strategy.php http://www.fstech.co.uk/fst/Lloyds_Partners_With_Microsoft_To_Scale_Agentic_AI_Strategy.php Britain’s top banking regulator has warned that artificial intelligence-driven cyber security threats represent the most significant emerging risk facing lenders http://www.fstech.co.uk/fst/UK_Regulator_Warns_AI_Cyber_Risks_Pose_Top_Banking_Threat.php http://www.fstech.co.uk/fst/UK_Regulator_Warns_AI_Cyber_Risks_Pose_Top_Banking_Threat.php Revolut cofounder Vlad Yatsenko will step down as chief technology officer on 1 July and move into a non-executive director role on the FinTech's board http://www.fstech.co.uk/fst/Revolut_Cofounder_Steps_Down_As_CTO_After_Decade.php http://www.fstech.co.uk/fst/Revolut_Cofounder_Steps_Down_As_CTO_After_Decade.php JPMorgan Chase (JPMC) has announced a new research collaboration with Oxford Quantum Circuits (OQC) and AMD that will focus on short-term applications for quantum computing in financial services. http://www.fstech.co.uk/fst/JPMorgan_Announces_Quantum_AI_Research_Collaboration_With_OQC_And_AMD.php http://www.fstech.co.uk/fst/JPMorgan_Announces_Quantum_AI_Research_Collaboration_With_OQC_And_AMD.php Swiss private equity firm Partners Group is preparing to cap withdrawals at its flagship US private equity fund for wealthy individuals, the Financial Times has reported. http://www.fstech.co.uk/fst/Partners_Group_set_to_cap_withdrawals_at_US_private_equity_fund.php http://www.fstech.co.uk/fst/Partners_Group_set_to_cap_withdrawals_at_US_private_equity_fund.php Societe Generale has signed a Memorandum of Understanding (MOU) with cross-border trade payment platform XTransfer to develop integrated financial tools to support international trade flows. http://www.fstech.co.uk/fst/Societe_Generale_To_Develop_New_Tools_For_International_Trade_Flows_In_New_Partnership.php http://www.fstech.co.uk/fst/Societe_Generale_To_Develop_New_Tools_For_International_Trade_Flows_In_New_Partnership.php Commerzbank has asked Germany’s financial regulator to review disclosures by UniCredit about support for its takeover offer http://www.fstech.co.uk/fst/Commerzbank_Seeks_Regulator_Review_Of_UniCredit_Stake_Disclosures.php http://www.fstech.co.uk/fst/Commerzbank_Seeks_Regulator_Review_Of_UniCredit_Stake_Disclosures.php A House of Lords committee has urged the Bank of England to back stablecoins and pursue a “less prescriptive” approach to stablecoin regulation, warning that without a change in approach the UK could fall behind international partners. http://www.fstech.co.uk/fst/House_Of_Lords_Committee_Weighs_In_On_BoE_Stablecoin_Plans.php http://www.fstech.co.uk/fst/House_Of_Lords_Committee_Weighs_In_On_BoE_Stablecoin_Plans.php Royal Bank of Scotland (RBS) has become the first bank in Scotland to offer lending secured against intellectual property (IP), launching a new financing product designed to help technology firms, university spinouts and creative businesses access growth capital. http://www.fstech.co.uk/fst/RBS_Rolls_Out_IP_Lending_For_Scottish_Creatives_And_Spinouts.php http://www.fstech.co.uk/fst/RBS_Rolls_Out_IP_Lending_For_Scottish_Creatives_And_Spinouts.php Kevin Warsh, the Federal Reserve (the Fed) chairman sworn in to replace Jerome Powell in May, is preparing for sweeping reforms of the institution, according to a memo seen by Reuters. http://www.fstech.co.uk/fst/New_fed_chair_sets_out_agenda_looking_for_change.php http://www.fstech.co.uk/fst/New_fed_chair_sets_out_agenda_looking_for_change.php Barclays has called for a major overhaul of the UK’s approach to attracting international capital, warning on Tuesday that the country has “lost control of its international narrative” and is becoming less successful at securing a share of global investment flows http://www.fstech.co.uk/fst/Barclays_Urges_UK_To_Rethink_Foreign_Investment_Strategy.php http://www.fstech.co.uk/fst/Barclays_Urges_UK_To_Rethink_Foreign_Investment_Strategy.php The head of the Commonwealth Bank of Australia (CBA) has warned that companies using AI to automate complex tasks will raise its cost in non-linear ways. http://www.fstech.co.uk/fst/CBA_Chief_Warns_AI_Costs_Will_Rise_Unpredictably_As_Businesses_Chase_ROI.php http://www.fstech.co.uk/fst/CBA_Chief_Warns_AI_Costs_Will_Rise_Unpredictably_As_Businesses_Chase_ROI.php Italy’s UniCredit has agreed to purchase shares from enough Commerzbank shareholders to bring its total holding to around 34 per cent as part of its ongoing bid for the bank, Bloomberg has reported. http://www.fstech.co.uk/fst/UniCredit_set_to_grow_stake_in_Commerzbank_to_34_as_buyout_effort_continues.php http://www.fstech.co.uk/fst/UniCredit_set_to_grow_stake_in_Commerzbank_to_34_as_buyout_effort_continues.php Mastercard has completed a pilot that demonstrates how instant cross-border payments can settle simultaneously in different currencies using central bank infrastructure. http://www.fstech.co.uk/fst/Mastercard_Tests_Instant_Cross_currency_Payments_Through_Eurosystem_Pilot.php http://www.fstech.co.uk/fst/Mastercard_Tests_Instant_Cross_currency_Payments_Through_Eurosystem_Pilot.php OpenAI has granted nine major UK banks access to its GPT-5.5 Cyber model this week, offering lenders a powerful new cybersecurity tool after rival Anthropic restricted access to its Claude Mythos system, which UK banks have been unable to use http://www.fstech.co.uk/fst/UK_Banks_Gain_Access_To_OpenAI_Cybersecurity_Tool.php http://www.fstech.co.uk/fst/UK_Banks_Gain_Access_To_OpenAI_Cybersecurity_Tool.php ClearScore has launched a consumer-facing app within ChatGPT, which it said will give UK users a new way to explore credit-related questions and financial scenarios before applying for products or sharing personal information. http://www.fstech.co.uk/fst/ClearScore_Launches_App_In_ChatGPT_To_Boost_Credit_Awareness.php http://www.fstech.co.uk/fst/ClearScore_Launches_App_In_ChatGPT_To_Boost_Credit_Awareness.php Visa has announced it intends to invest half a billion euros in EU projects over the next decade as the payments company looks to strengthen its ties to the bloc. http://www.fstech.co.uk/fst/Visa_to_invest_500m_in_EU_as_bloc_pushes_for_tech_sovereignty.php http://www.fstech.co.uk/fst/Visa_to_invest_500m_in_EU_as_bloc_pushes_for_tech_sovereignty.php DBS Bank has announced plans to open 18 new wealth centres across Asia by the end of 2027 and upgrade 36 existing ones in the region, in the largest expansion of its wealth franchise to date. http://www.fstech.co.uk/fst/DBS_To_Open_18_Wealth_Centres_Across_Asia_By_End_Of_2027.php http://www.fstech.co.uk/fst/DBS_To_Open_18_Wealth_Centres_Across_Asia_By_End_Of_2027.php Former Barclays chief executive Jes Staley has agreed to appear before a US congressional committee in July as lawmakers expand their investigation into the handling of the Jeffrey Epstein case and the disgraced financier’s network of associates http://www.fstech.co.uk/fst/Jes_Staley_To_Face_US_Lawmakers_Over_Epstein_Relationship.php http://www.fstech.co.uk/fst/Jes_Staley_To_Face_US_Lawmakers_Over_Epstein_Relationship.php Global FinTech revenues surpassed $500 billion in 2025, growing four times faster than traditional financial institutions as profitability, funding and dealmaking all strengthened, according to a report released on Monday by Boston Consulting Group (BCG) and FT Partners http://www.fstech.co.uk/fst/FinTechs_Overtake_Banks_In_Dealmaking_As_Revenues_Surge.php http://www.fstech.co.uk/fst/FinTechs_Overtake_Banks_In_Dealmaking_As_Revenues_Surge.php ClearBank has launched a new digital asset settlement service designed to help regulated financial institutions move money across borders more efficiently. http://www.fstech.co.uk/fst/ClearBank_Launches_Digital_Asset_Settlement_Service_For_Crossborder_Payments.php http://www.fstech.co.uk/fst/ClearBank_Launches_Digital_Asset_Settlement_Service_For_Crossborder_Payments.php OpenAI has given the three largest banks in Japan access to its latest cybersecurity model GPT-5.5 Cyber, to help the organisations identify vulnerabilities and defend against advanced cyberattacks. http://www.fstech.co.uk/fst/OpenAI_Gives_Japanese_Banks_Access_To_Most_Powerful_Cyber_Model.php http://www.fstech.co.uk/fst/OpenAI_Gives_Japanese_Banks_Access_To_Most_Powerful_Cyber_Model.php IBM has committed $5 billion to secure open source software through a new Project Lightwell initiative that deploys engineers and AI tools to help enterprises manage vulnerabilities across software supply chains, the company said on Thursday http://www.fstech.co.uk/fst/IBM_Targets_Financial_Services_With_5bn_Open_Source_Security_Initiative.php http://www.fstech.co.uk/fst/IBM_Targets_Financial_Services_With_5bn_Open_Source_Security_Initiative.php