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Wednesday, August 26, 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,

Alpha FMC Announces Senior Hire to US Wealth Management Consulting Team

Alpha Financial Markets Consulting (“Alpha FMC”), a leading global consultancy to the financial services industry, today announced the appointment of Charles Cummins as a Senior Partner within its North American Wealth Management consulting team.

Equifax UK Launches Real-time, Purpose-built Solution to Counter APP Fraud at Point of Authorisation

Equifax, the global data, analytics and technology company, has launched Authorized Payment Protection in the UK, a purpose-built solution designed to help prevent Authorised Push Payment (APP) fraud in real-time, before funds leave a customer’s account.

Klarna Launches AI-Powered Shopping Search App in ChatGPT

Klarna launched the Klarna Shopping Search app in ChatGPT, bringing real-time product discovery directly into the conversation.

PayPal Brings PayPal USD to Users Across 70 Markets Worldwide and Expands Access in Africa

PayPal is making PayPal USD (PYUSD) available in 70 markets worldwide in the PayPal account

Mercury Raises $200 Million Series D at $5.2B Valuation

Mercury announced a $200 million Series D at a $5.2B valuation, led by TCV, bringing total primary and secondary funding to approximately $700 million.

FIS Launches Enterprise Risk Suite on AWS to Provide Continuous Cloud-Native Delivery

Global financial technology leader FIS® announced the launch of FIS Enterprise Risk Suite on Amazon Web Services (AWS)

As U.S. Regulators Warn Banks Over Agentic AI Risk, Nearly 60% of Americans Fear Losing Control Over Money While 44% Expect AI to Take Over Payments, New Data Shows

New research from payment platform Aevi reveals 59% of Americans fear losing control over how or when payments are made if AI is managing them

Chase Launches in Germany With Top-Rate Savings Account

JPMorganChase officially launches its new digital bank, Chase, in Germany with first product is a fee-free savings account

Aevi and Getnet Launch Global Partnership to Enable International Expansion for Enterprise Merchants and ISVs

Aevi and Getnet today announced a global partnership aimed at simplifying international expansion for enterprise merchants and global ISVs.

US Senate Federal Credit Union to Transform Its Banking Platform With Thought Machine’s Unified Stack

USSFCU has announced a landmark partnership with Thought Machine to replatform its entire foundation onto the Vault platform

Millennial Shift Technologies Defines the Next Era of Insurance as InsurAI

Millennial Shift Technologies (mShift) announced its position as the first InsurAI company, introducing a new category for the next evolution of insurance technology.

Tokio Marine Highland Doubles Primary Flood Limits to Meet Rising Demand for High-Value Home Coverage

Tokio Marine Highland has significantly expanded limits available through TMH2O, making it easier for agents and brokers to secure flood protection

FCA Opens Doors to Support Fast-Growing Financial Firms

The FCA’s Scale-up Unit provides tailored support to firms, helping them navigate regulation so they can scale sustainably

CFIT Unveils Open Property Roadmap to Modernise UK Homebuying and Announces Next Phase of Smart Data Innovation

CFIT marks the culmination of the first phase of its Open Property Coalition, publishing a landmark Roadmap for Open Property

BriteCore Unveils AI Strategy for P&C Insurers, Launches First Wave of Embedded AI Copilots

BriteCore unveiled its enterprise AI strategy for insurers alongside the launch of eight AI copilots embedded directly into the BriteCore Platform

  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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