Having received its Payment Institution License from the FCA earlier this year, FinTech company PAYSTRAX has now officially announced the launch of its UK operations.

The company provides card transaction acquiring and payment solutions for UK & EU merchants, is a member of the European Payments Group, and holds a Principal Membership license with VISA and Mastercard.

Mastercard today announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to commence domestic bank card clearing activity in China.

We are delighted to announce that we have won multiple awards in the latest Harrington Starr Top 1% Workplace Awards. BMLL was awarded ‘Best Sales Professionals’ and was highly commended for ‘Best Workplace for Talent Investment’. In addition, our CEO Paul Humphrey was named among the ‘Top 1% Leaders of the Year’.

UK online shoppers and retailers can expect an onslaught of fraudulent attacks in the coming weeks as the Black Friday retail bonanza gets underway, according to analysis from data and analytics firm, LexisNexis® Risk Solutions.

Password resets, fake account registrations, and an influx of failed login attempts are among the threats shoppers and retailers should look out for as fraudsters use the global pre-Christmas spending surge as cover for malicious attacks.

Paysafe, a leading payments platform, announces the extension of its collaboration with Visa, a world leader in digital payments, to integrate Visa Network Tokens, as an alternative to primary credit and debit card account numbers. The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorization rates.

Cardlytics, an advertising platform in banks’ digital channels, has today announced it has partnered with Monzo to deliver targeted promotions and cashback rewards to its over 8 million customers across the UK. 

Global analytics software leader FICO today announced that StepChange, the UK’s leading debt advice charity, will use FICO® Platform to help assess people in problem debt. StepChange will use the flexibility and hyper-personalisation platform to recommend the best individual outcome to each consumer, with the aim of helping them to become debt-free.

A recent survey by the Federal Reserve Bank of New York on Buy Now, Pay Later (BNPL) showed that BNPL availability and use are “fairly widespread.” About 64% of respondents had been offered a BNPL loan, and 29% of that group had used it as a payment method within the past year.

Nexi, the European PayTech, and Micr