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Monday, August 03, 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,

OakNorth Pre-Tax Profits Surge to £215M ($272M) as It Surpasses £12.5BN ($15.7BN) in Lending and Continues Its US Expansion

OakNorth - the leading digital bank for entrepreneurs, by entrepreneurs - today publishes its latest Annual Report, revealing pre-tax profits of £214.8m ($271.6m) in 2024 (FY23 £187.3m / $236.8m)[1].

OakNorth Pre-Tax Profits Surge to £215M ($272M) as It Surpasses £12.5BN ($15.7BN) in Lending and Continues Its US Expansion

OakNorth - the leading digital bank for entrepreneurs, by entrepreneurs - today publishes its latest Annual Report, revealing pre-tax profits of £214.8m ($271.6m) in 2024 (FY23 £187.3m / $236.8m)[1].

IDnow Announces Strategic Majority Investment from Corsair Capital

IDnow (or "the Company"), a leading identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital

Hex Trust Receives Major Payment Institution License from the Monetary Authority of Singapore

Hex Technologies Pte Ltd (“Hex Trust”, and together with its affiliates, the “Hex Trust Group”), a leading digital assets financial institution specializing in custody and trading services, announced that it has received a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).

Hex Trust Receives Major Payment Institution License from the Monetary Authority of Singapore

Hex Technologies Pte Ltd (“Hex Trust”, and together with its affiliates, the “Hex Trust Group”), a leading digital assets financial institution specializing in custody and trading services, announced that it has received a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).

Mambu Announces Leadership Promotions to Strengthen Global Growth Trajectory

Mambu announces the latest additions to its C-Suite, as Ellie Heath and Semhal Tarekegn O’Gorman are promoted to Chief People Officer and Chief Customer Success Officer respectively.

FreeAgent and Mimo Team Up to Help Small Businesses Manage Global Payments and Finances

FreeAgent and global payment solutions company Mimo have announced a new partnership that will enable small businesses to manage their payments

Tuum Becomes a Mastercard Digital Activity Service Provider (DASP), Powering Secure Digital Payments for Banks and Fintechs

Tuum is proud to announce its new status as a Mastercard Digital Activity Service Provider (DASP)

Tuum Becomes a Mastercard Digital Activity Service Provider (DASP), Powering Secure Digital Payments for Banks and Fintechs

Tuum is proud to announce its new status as a Mastercard Digital Activity Service Provider (DASP)

GenAI Capabilities Rolled Out to 100% of Manulife’s Workforce With 75% Engagement Rate

Manulife announced today that over 75 percent of its global workforce are engaged with GenAI through learning, immersive experiences and tools

American Eagle Financial Credit Union Enhances Digital Banking with Alkami’s Sales & Service Platform

Alkami Technology, Inc announced today that Connecticut-based American Eagle Financial Credit Union, has signed on to leverage the innovation and user experience in Alkami’s Digital Banking Platform.

American Eagle Financial Credit Union Enhances Digital Banking with Alkami’s Sales & Service Platform

Alkami Technology, Inc announced today that Connecticut-based American Eagle Financial Credit Union, has signed on to leverage the innovation and user experience in Alkami’s Digital Banking Platform.

IXOPAY Launches Payment Account Reference Solution, Deepening Customer Insights in Digital Commerce

IXOPAY, a leading provider of enterprise-grade payment orchestration, today announced the launch of its Payment Account Reference (PAR) solution, enabling merchants and payment platforms to link transaction data across multiple payment channels and methods.

IXOPAY Launches Payment Account Reference Solution, Deepening Customer Insights in Digital Commerce

IXOPAY, a leading provider of enterprise-grade payment orchestration, today announced the launch of its Payment Account Reference (PAR) solution, enabling merchants and payment platforms to link transaction data across multiple payment channels and methods.

Flex Raises $225 Million to Build All-in-One Business and Personal Financial Management Platform

Flex, the fintech company that empowers business owners to automate their back offices and grow, today announced it has raised $225 million in equity and debt funding.

  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