Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments systems, including Faster Payments, Bacs and Direct Debit, has announced the appointment of David Morris to the newly created role of Chief Operating Officer (COO). Morris previously held the role of Chief Technology Officer at Pay.UK and today assume the new position.

A study conducted by Tietoevry in collaboration with Finextra Research found that 87% of banks rely at least in part on other banks in order to implement their service offerings. This reflects a growing trend towards partnership and collaboration in the financial industry.

Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license by the Bank of Ghana. The milestone marks a significant expansion of Flutterwave’s operations in Africa, enabling the company to offer a comprehensive suite of payment services directly within, and through Ghana.

PayPoint has today announced an important distribution partnership for Love2shop gift cards with InComm Payments, a global payments technology provider, building on the long-standing relationship between the two companies.

Delta Capita, a leading global financial services consulting, managed services, and technology provider, today announces the appointment of Caroline O'Sullivan as its Head of Ireland.

Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn of Africa- a first for the region. 

Ampere, the neobank providing all-in-one financial services for SMEs, has today announced its partnership with Mastercard to expand its services and transfers Goffering, marking a milestone in its mission to streamline financial solutions for SMEs.

The UK’s mission to become a “crypto hub” has so far fallen short, but the appointment of Tulip Siddiq as Economic Secretary to the Treasury, or City Minister, signals a move toward a more progressive approach to crypto and digital currencies. The new City Minister has been an advocate for blockchain technologies and crypto, so long as they are properly regulated. If the UK is to take steps to create a well-regulated and world-leading crypto industry, it should look to the successes of British fintech.