FICO Data Uncovers Positive Impact Pandemic Had On UK Consumers’ Payments
- 10 months 2 weeks ago
- Payments
Global analytic software leader FICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as the financial support provided by the government furlough scheme, saw consumers more able to make card...
FinTech Wales Appoints Lucy Bulley As Programme Director For 2025 FinTech Wales Foundry
- 10 months 2 weeks ago
- People Moves
FinTech Wales is delighted to announce the appointment of Lucy Bulley as Programme Director for the 2025 FinTech Wales Foundry. With an impressive track record of supporting and scaling startups across fintech, cyber security, SaaS, and beyond, Lucy brings a wealth of experience to the role. A seasoned Fractional COO, founder, and startup mentor, she has worked with scaling businesses across multiple tech sectors, both in Wales and...
Capital.com Joins TheCityUK And UK Finance To Drive UK Fintech Growth
- 10 months 2 weeks ago
- Infrastructure
Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed $1.7trn in 2024, is proud to announce it has joined TheCityUK and UK Finance. These strategic affiliations evidence Capital.com’s continued dedication to advancing the UK financial services and fintech sectors, advocating for forward-thinking financial policies, and leveraging technology to drive sustainable growth in financial services.
SumUp And FreedomPay Partner To Strengthen Offering To Retail And Hospitality Merchants Worldwide
- 10 months 2 weeks ago
- Payments
Global fintech SumUp has partnered with FreedomPay, a global leader in Next Level Commerce™ technologies, to further strengthen their offering for retail and hospitality merchants worldwide.
Featurespace, A Visa Solution, Announces New Leadership For Exciting Next Chapter
- 10 months 2 weeks ago
- Infrastructure
Featurespace, global fraud and financial crime prevention innovators, today announced that CEO Martina King will retire following the company's successful acquisition by Visa. Jason Blackhurst will take on the role of SVP, Head of Featurespace and Acceptance Risk Solutions at Visa. With a history of leadership roles across the payments industry, Blackhurst brings over 30 years of experience in the financial services industry.
FINOM Issues First Credit Line To Dutch Business As Company Enters SME Lending Market
- 10 months 2 weeks ago
- Lending
FINOM, the European financial services platform for entrepreneurs, has issued its first credit line to a small business in the Netherlands, marking the company's official entry into direct lending. This milestone comes as part of FINOM's pilot on-demand funding program for small and medium-sized businesses.
Nasdaq Verafin Report Finds That $750 Billion In Money Laundering And Illicit Funds Flowed Through Europe
- 10 months 2 weeks ago
- AML and KYC
Nasdaq Verafin has released its new report, Financial Crime Insights: Europe, that takes a deeper dive into the scale of financial crime across Europe. This report provides new analysis of the data from the 2024 Global Financial Crime Report, and industry insights from a survey of anti-financial crime professionals from across Europe, including the EU, UK, Nordic region and more.
FV Bank Announces Launch Of SWIFT Services To Enhance Global Payment Capabilities
- 10 months 2 weeks ago
- Banking
FV Bank, the U.S. licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced its successful launch of its SWIFT code: ITTLPRS2XXX. This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails.
Styx Intelligence Secures $2.7M To Expand AI-Powered Digital Risk Protection
- 10 months 2 weeks ago
- Fundraising News
Styx Intetligence (Styx) has closed a $2.7M Seed round, marking a major step forward in its mission to help businesses protect their brand, reputation, and digital assets from cyber threats.
Mesh Launches Crypto Payments App On Shopify With PawCo Foods As First Merchant Partner
- 10 months 2 weeks ago
- Cryptocurrencies
Mesh, the first global crypto payments network, today announced the launch of its crypto payments app on the Shopify App Store, enabling millions of Shopify merchants to seamlessly accept crypto payments and settle transactions in stablecoins like USDC, USDT, and PYUSD.
Viamericas Launches Open Payment Network In The Philippines
- 10 months 2 weeks ago
- Payments
Viamericas, a leading provider of remittance and international money transfer services, has launched its open payment network in the Philippines. This strategic initiative provides an API that payors in the Philippines can connect to, providing access to faster, more affordable, and secure transfers for Filipinos receiving funds from abroad.
Zensar To Transform Tesco Insurance And Money Services With Cloud-First Strategy
- 10 months 2 weeks ago
- Cloud
Zensar Technologies, a leading experience, engineering, and engagement technology solutions company, announced that it has been selected by Tesco Insurance and Money Services (Tesco IMS), a leading UK insurance company, to drive a comprehensive modernisation and digital transformation agenda. This collaboration will enable Tesco IMS to establish a robust cloud-first ecosystem, scalable operation and create better value and experience for its...
Fana Sparebank Enters Five-Year Partnership With Tietoevry Banking
- 10 months 2 weeks ago
- Banking
Tietoevry Banking has entered into a strategic five-year agreement with Fana Sparebank to deliver a comprehensive suite of banking solutions. The partnership includes core banking systems, card and payment services, and advanced financial crime prevention tools. The new agreement, effective from April 1st, 2025, will also significantly enhance the bank’s mobile and self-service offerings – including self-service loan management.
Payment Fraud Goes Mainstream: Sift's Q1 2025 Digital Trust Index Reveals 89% Surge In Consumer Exposure To Fraud Schemes
- 10 months 2 weeks ago
- Cybersecurity
Sift, the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index. The report revealed an alarming trend in the democratization of payment fraud: 34% of consumers have seen offers to participate in payment fraud online—an 89% increase over 2024.
iFAST Global Bank Transforms UK Banking With First-In-Market Multi-Currency Current Account Offering High Interest And Cashback
- 10 months 2 weeks ago
- Banking
iFAST Global Bank is breaking new ground in UK banking with the launch of its first-of-its-kind Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while being rewarded for their everyday debit card spending.
