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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,
Trust in Banking Declining Among Gen Z Customers – Thales Digital Trust Index Finds
Thales, has announced the findings of its 2025 Digital Trust Index – Consumer Edition, which surveyed over 14,000 consumers across 14 countries about their online relationship with brands and services, their privacy expectations, and how brands can earn their trust.
Brits Losing Sleep Over Slow Health Insurance Claims – And They’re Ready for AI to Step In
Long delays in health insurance claims processing are taking a serious toll on UK consumers, with many experiencing stress, sleepless nights, and in some cases, avoiding medical treatment altogether. A new report by intelligent claims automation engine Sprout.ai, which surveyed 2,000 Brits, highlights the scale of the problem and how AI-driven claims processing could provide a solution.
First AML and Know Your Customer Announce Strategic Partnership to Tackle Global KYB Compliance Challenges
First AML, a leading provider of an all-in-one anti-money laundering (AML) platform, has announced a strategic partnership with Know Your Customer, a global leader in business verification solutions. The collaboration brings together two best-in-class technologies to further enhance Know Your Business (KYB), KYC and AML processes for financial institutions and other regulated businesses worldwide.
INSHUR Launches On-Demand Third Party Liability Insurance for Uber Eats Couriers in the Netherlands
INSHUR, the global insurance provider to the on-demand economy, has announced the launch of an on-demand insurance product tailored for Uber Eats 2-wheel couriers in the Netherlands. This new offering addresses additional coverage, not typically included in traditional insurance policies, ensuring vital protection for those delivering food through the Uber Eats platform.
Infosys and AIB Extend Strategic Collaboration for Digital Transformation
Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is extending its strategic collaboration with AIB, a financial services group operating predominantly in the Republic of Ireland and the UK. Building further on its 10-year relationship, Infosys will take on a renewed and expanded role to support AIB as it further accelerates its transformation initiatives and delivers support and value to its customers and stakeholders.
Octane Launches From Stealth Raising $6.75M to Build AI-Powered Cybersecurity for Crypto
Octane today announced it has secured $6.75M in a Seed funding round co-led by Archetype and Winklevoss Capital. The round also included participation from Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners and strategic angels including Balaji Srinivasan, Sina Habibian, and many others.
Ecommpay Streamlines Italian Market Entry for E-Commerce Merchants
Ecommpay is providing access to the most popular Italian local and global payment methods in the region
British Business Bank Announces Facility of Up to £20M with BFS Marine Finance
The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector.
Affirm and Shopify Accelerate Global Expansion of Shop Pay Installments
Affirm and Shopify today announced the acceleration of their global expansion plans
PayPal's Xoom Partners with Tenpay Global to Offer Cross-Border Remittances to Weixin
Starting today, Weixin Pay users can now receive cross-border transfers from Xoom, a PayPal service and a pioneer in digital remittances. This new partnership between Tenpay Global, Tencent's cross-border payment platform, and Xoom allows Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or bank accounts linked to Weixin Pay through Xoom or PayPal's mobile app and website.
Zodia Markets Partners with Finery Markets, Unlocking Seamless Access to Institutional Digital Asset Liquidity
Zodia Markets has partnered with Finery Markets, the leading provider of non-custodial crypto ECN and SaaS trading solutions, to make it even easier for institutions to access digital asset and fiat liquidity.
Rain Raises $75 Million Series B Led by Prosus to Expand Earned Wage Access to Millions of American Workers
Rain announced it has raised $75 million in Series B equity funding led by Prosus
Small Business and Digital Transformation: Unlocking a $448 Billion Opportunity in the CPG Industry
The consumer-packaged goods (CPG) industry is at a turning point, with digital payment solutions emerging as a game-changer for small retailers and suppliers in the traditional trade sector. A newly released whitepaper commissioned by Mastercard sheds light on a $448.4 billion digital payment opportunity across 11 countries in the Latin America and Caribbean (LAC) region and the United States.
Bitget to Burn $120 Million Worth of BGB for Upcoming Quarterly Burn
Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB's quarterly burn amount to its on-chain usage, signifying the token's evolution towards higher transparency, compliance, and sustainable token value.
Mobile Money Surpasses Two Billion Registered Accounts and Over Half a Billion Monthly Active Users Globally
Mobile money reached two significant milestones in 2024, surpassing two billion registered accounts and over half a billion active monthly users across the globe. The industry took 18 years to achieve one billion registered accounts and 250 million active users from 2001, but doubled in size in the following five years. This is according to the ‘State of the Industry Report on Mobile Money 2025’ prepared by the GSMA Mobile Money programme which works to advance the mobile money ecosystem for communities worldwide that lack access to more traditional banking services.
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