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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,
Bank of England launches the 2025 Bank Capital Stress Test
The Bank of England (the Bank) has today launched the 2025 Bank Capital Stress Test for the seven largest and most systemic UK banks and building societies
Somalia Launches First Nationwide Instant Payment System Powered by BPC
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s
Somalia Launches First Nationwide Instant Payment System Powered by BPC
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s
Clearspeed Partners with 1st Central to Transform Its Insurance Claims Experience
Clearspeed has integrated its voice-based risk assessment into 1st Central's claims processing workflow to accelerate the settlement of legitimate claims while also boosting fraud detection
Acre Upgrades Nationwide Building Society Integrated Platform
Acre announced an upgrade to the platform integrated with Nationwide for Intermediaries that will enable more cases to be supported
BC Payments Pte. Ltd. Secures In-Principle Approval for Major Payment Institution License from MAS
BC Payments has received the In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from MAS
RTGS.global and TransferMate Announce Strategic Partnership to Streamline Cross-Border B2B Payments
RTGS.global, the next generation settlement company revolutionising cross-border payments, and TransferMate, the world’s leading provider of B2B payment infrastructure-as-a-service (IaaS), have today announced a strategic partnership which sees TransferMate join RTGS.global’s real-time settlement network to streamline cross-border payments for global businesses.
Gen Z Boosts Subscription Economy, Tripling Spend from Older Generations
New research from Visa, a global leader in digital payments, reveals that Gen Z (ages 13-28) spends an average of £305 per month on subscription services. This is three times what Gen X (ages 44-59) spends (£91) and Baby Boomers (ages 61-79) who spend £108. Millennials (ages 29-44) also spend a significant amount, at £261 per month.
Weyay Bank Offers Digital Eidiya for the Third Year in a Row
Weyay Bank, the first digital bank in Kuwait, is keen to provide digital “Eidiya” through its mobile application
TransUnion UK Raises Almost £45,000 for Local Charities
Employees at TransUnion in the UK, a global information and insights company, raised an impressive £44,812 for charity organisations in 2024.
XTB Expands Presence in the UAE with New Dubai Office and Regulatory Milestones
XTB, a leading global fintech company, is proud to announce the opening of its new office in One Central (Offices 5), at the Dubai World Trade Centre. This expansion marks a significant step in strengthening XTB’s presence in the Middle East and providing enhanced services to investors in the region.
Arkansas Becomes Latest State to Regulate Earned Wage Access
DailyPay celebrates a significant milestone as Arkansas Governor Sarah Huckabee Sanders signed Act 347 into law on Thursday, March 20, 2025
eToro, the trading and investing platform, announced today that users in the UK and Europe can now transfer cryptoassets held with other exchanges, brokers, or in other blockchain wallets to the eToro Crypto Wallet, where they can convert their holdings to cash, in order to trade and invest across multiple asset classes on eToro’s investment platform.
Users Can Now Transfer Their Crypto to eToro in Order to Invest in Other Assets
eToro, the trading and investing platform, announced today that users in the UK and Europe can now transfer cryptoassets held with other exchanges, brokers, or in other blockchain wallets to the eToro Crypto Wallet, where they can convert their holdings to cash, in order to trade and invest across multiple asset classes on eToro’s investment platform.
Genome Achieves ISO 27001 and 27701
Genome was granted the ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications
- Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation Read more
- CLS Appoints Six New Board Directors Read more
- Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
- SumUp Launches in Canada Read more
- European Fintech Association Elects New Board of Directors Read more
