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Tuesday, August 11, 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,

Pace FS Selects SaaScada to Meet Growing Demand for Real-time European Payments

Cloud-native core banking provider, SaaScada, today announced that newly licensed electronic money institution (EMI), Pace FS, has selected its platform to power a new generation of customer-centric payment services across Europe. Using SaaScada’s core, Pace FS will deliver payment services designed to help merchants and customers move money faster.

Aurionpro Partners with Ajman Bank to Advance Islamic Treasury Systems Validation

Aurionpro, a leading global provider of technology solutions for the banking sector, through its treasury transformation Group Company Fenixys, has entered into an agreement with Ajman Bank to verify and validate the Bank's Islamic Treasury Management System built on the Murex MX.3 platform, marking a critical phase in the bank’s ongoing efforts to reinforce the integrity, control, and resilience of its treasury operations.

OakNorth and Fintex Capital Form Strategic Partnership for Specialty Finance

OakNorth, the digital bank for entrepreneurs, by entrepreneurs and Fintex Capital today announce the formation of a strategic partnership for specialty finance, primarily focused on opportunities in the UK. The firms’ partnership is already live, so far with £20 million successfully deployed together.

Octane Closes $340 Million Whole Loan Sale With Bayview

Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has sold a portfolio of $340 million of fixed-rate installment powersports and outdoor power equipment loans to affiliates of Bayview Asset Management (Bayview), a global alternative investment firm.

Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention

DataVisor, the leading AI-powered fraud and AML platform, today announced that Tru Cooperative Bank (formerly First West Credit Union) has selected DataVisor’s AI-powered fraud and risk platform to protect members in real time across the banking journey. Delivered through DataVisor’s pre-integrated deployment with VeriPark’s VeriChannel digital banking platform, the solution brings seamless, out-of-the-box fraud protection to Tru’s digital banking environment and builds on DataVisor’s strategic partnership with VeriPark.

Klay Group Appoints Rohit Ganguli as Global Head of Wealth Planning, Based in Singapore

Klay Group, a boutique financial services firm providing Wealth Management, Multi-Family Office, Asset Management and Corporate Advisory services to ultra-high-net-worth families and institutions, is pleased to announce the appointment of Rohit Ganguli as Global Head of Wealth Planning.

Jolt Capital Portfolio Company EfficientIP Acquired by Francisco Partners

After leading a €10M funding round in EfficientIP in late 2019, Jolt Capital is pleased to announce that the company has been acquired by Francisco Partners.

HSBC and Google Cloud Announce Transformative AI Banking Partnership

HSBC and Google Cloud today announced a multi-year partnership to build and deploy AI capabilities across HSBC's operations globally

Revolut Obtains Approval for Stored Value Facilities and Retail Payment Services Licences from the Central Bank of the UAE

Revolut announced that it has received its SVF licence and Retail Payment Services (Category II) licence from the CBUAE.

Adyen Announces Adyen Agentic as the Universal Translator for the Next Era of Commerce

Adyen has announced Adyen Agentic, a suite of modular APIs that enables enterprises to sell through conversational AI platforms

UK Payments Pulse: Security and Trust Drive Payment Choices

Security has become the defining factor in how UK businesses and consumers choose to pay, according to new research from Visa

Moneybox Expands Retirement Offering as It Launches New Pension Drawdown Service

Moneybox announced the launch of pension drawdown for its Personal Pension customers, enabling them to take flexible withdrawals in retiremen

Quickly Connect to Discover® Network and Diners Club International® with Silverflow Integration

Silverflow has announced a new integration with Discover® Network and Diners Club International®, enabling merchants and PSPs to accept payments from both card networks

Monument Technology Closes £18 Million Fundraising Round

Monument Technology has today (17th June 2026) announced the successful close of its seed funding round at more than £18 million

Shield Extends the Compliance Perimeter to AI-Generated Records and Image-Based Content

Shield, the global communications surveillance platform for financial services, today extended the reach of its communications surveillance platform to cover Microsoft 365 Copilot interactions and image-based content, bringing two of the fastest-growing compliance blind spots under active monitoring.

  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