AI is advancing as a strategic driver of the next generation of payments and treasury solutions, as organisations seek to leverage technology to address operational challenges effectively, a new report by HSBC, in collaboration with Accenture, highlights.   

The report, Navigating the AI Wave: Innovations in Commercial Payments, underlines how finance leaders expect AI tools to become increasingly integral to their risk management decision-making processes, with 61% saying AI is expected to be very or extremely useful compared to 38% today.

Firenze, the fast-growing fintech offering Lombard lending to wealth managers, has formed a strategic partnership with Monument Bank, the UK’s first challenger bank dedicated to the mass-affluent segment.

Monument has committed a £160m funding line to Firenze, empowering the fintech to scale its Lombard loan offering for wealth management firms while reinforcing Monument’s position as a leading provider of tailored financial solutions to its target market.

Gatehouse Bank, a Shariah-compliant, ethical UK challenger bank, has published a report* outlining four key recommendations for the UK government to unlock further growth by levelling the playing field between Islamic and conventional finance.

Zopa, the British digital bank pioneer with more than 1.4 million customers, will almost double its office footprint as it makes plans to relocate to brand-new headquarters at 20 Water Street in Canary Wharf. 

PAIR Finance, the leading provider of AI-based receivables management, is today announcing its entry into the Portuguese market. The expansion strengthens the fintech company's presence in Europe, where it is now active in a total of nine markets. The first major existing customers are already using the service in Portugal.

Embat, a European fintech specialising in real-time treasury management, has acquired Necto, a US-based company and the global leader in premium bank API connectivity, enabling seamless access to banking data and the execution and monitoring of instant payments. 

The ClearScore Group, a leading global FinTech and data-driven financial marketplace, has secured £30 million in debt financing from HSBC Innovation Banking UK to drive further business growth across domestic and international markets.

Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced that its Board of Directors (“the Board”) has appointed Barak Eilam to the Board as a Class I director.

Today, Barclays announces the launch of Barclays Live, a reimagined client research portal designed to deliver a bespoke experience, tailored to the unique needs of every client. With a sleek interface, enhanced navigation, and cutting-edge analytical tools, Barclays Live empowers clients to seamlessly access critical market insights, anticipate industry trends and make data-led decisions.

Key Features of New Barclays Live

In the wake of the recent $1.5 billion hack affecting a major cryptocurrency exchange, HTX hosted a live discussion on X and its Global Advisor Justin Sun addressed the growing security concerns in the cryptocurrency industry. The discussion, titled "Together Against Industry Crisis, Is There a Best Solution for the Security of the Crypto Industry?" featured insights from leading security firms SlowMist and GoPlus Security, as well as prominent KOLs.