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Wednesday, September 02, 2026

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Compliance Leadership Becomes a Growth Priority as UK Payment Firms Respond to Record Enforcement Pressure

The Financial Conduct Authority imposed more than £124 million in fines during 2025,

Wells Fargo Names Faraz Shafiq as Head of AI Products and Solutions

Wells Fargo & Company announced the appointment of Faraz Shafiq as Head of AI Products and Solutions, effective Feb. 9

PayPal Goes Live in Nigeria Through Paga, Enabling Global Payments and Local Withdrawals

Paga and PayPal, the global payments and commerce platform, today announced the availability of live account linking for customers in Nigeria

N26 Launches ‘N26 for under 18s’, Marking the First Step in its Family Offering

N26 today announced the launch of N26 for under 18s, a new kids’ debit card designed for children aged 7 to 17

One in Five Small Businesses Would Have Turned to Personal Savings to Survive, Liberis Reveals

One in five SMBs would have dipped into their personal savings to keep operating without access to timely funding, according to recent research from Liberis

Amazon Web Services Announces New Agreement With Nationwide Building Society to Accelerate Digital Innovation and Enhance Customer Experience

AWS announced a new agreement with Nationwide Building Society, the world’s largest building society, to accelerate innovation and improve customer experiences for its over 17 million customers

Revolut Business Introduces Subscriptions to Power Full Revenue Operations, Eliminating Separate Business Software Fees

Revolut Business has introduced Subscriptions in the UK, a powerful billing solution to better manage recurring payments

Lunar Raises €46 Million to Accelerate Nordic Growth

Lunar today announced a €46 million capital increase to scale its fast-growing business banking and support continued expansion across the Nordics

Allica Bank Slashes Commercial Mortgage and Bridging Rates to Take on High Street Banks

Allica Bank, the challenger bank for established businesses, today announces significant pricing reductions across its commercial mortgage and bridging products, alongside a simplification of its full property-backed lending range.

Experian and Fincentive Join Forces to Deliver Pension Data Intelligence Platform

Global data and technology company Experian today announces a strategic partnership with Fincentive, a pensions data platform that enables providers to meet regulatory obligations they currently struggle to fulfil.

Scoro Acquires Envoice to Streamline Real-Time Profitability Tracking

Scoro, Europe’s leading professional services automation (PSA) platform, announces today the acquisition of Envoice, a category leader in AI-driven expense and bill management.

Howard Lickens Joins Konsileo as Chair

Independent chartered commercial insurance broker Konsileo has appointed Howard Lickens as Chair.

Avelacom Expands Access to Argentina’s Capital Markets for Banks and Financial Institutions

Avelacom is expanding its presence in Argentina, enabling banks and other financial institutions to connect directly to Argentina’s equities and derivatives markets

Exclusive: Pace Secures $10M Series A Led by Sequoia Capital to Transform Insurance Operations via Agentic AI

Pace, the agentic AI platform purpose-built for the insurance industry, announced today that it has raised $10 million in Series A funding led by Sequoia Capital. The investment will accelerate Pace’s mission to modernize the $70 billion insurance business process outsourcing (BPO) market by replacing legacy manual workflows with autonomous AI agents.

BC Partners Expands Collaboration With Allvue With New AI Document IQ Solution

Allvue Systems, LLC (“Allvue”), a leading software technology provider for the private capital markets, today announced its first customer win for its newly launched document extraction product, Allvue Document IQ, with leading investment firm BC Partners. The solution streamlines portfolio monitoring and financial spreading by combining AI-enabled data extraction technology with human-in-the-loop quality assurance, delivered as a fully managed service.

Happy Money Launches Next-Generation Credit Model

Happy Money, a leading consumer finance company dedicated to empowering people to achieve their goals through responsible lending, today launched its eighth-generation credit model, further strengthening its credit decisioning framework by integrating new data signals to deliver more precise, optimized credit and pricing decisions.

  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation Read more
  2. CLS Appoints Six New Board Directors Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
  4. SumUp Launches in Canada Read more
  5. European Fintech Association Elects New Board of Directors Read more
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