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As the UK’s summer festival season kicks off, new data from Checkout.com reveals a notable spike in online spending at second-hand and vintage clothing retailers, suggesting that festivalgoers are increasingly turning to pre-loved fashion in preparation for the events.
Accenture has acquired Aristal, a Malaysia-based consulting and digital transformation firm with deep expertise in financial services—marking Accenture’s first banking-focused acquisition in the country.
Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, today announced a $160 million Series B funding round led by global software investor Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will enable Xelix to accelerate platform development and support more organizations in adopting AI for their finance operations.
PayPal has launched AI-powered, dynamic scam detection for PayPal and Venmo Friends and Family payments, enhancing protection for our customers around the world.
Mastercard and Jordan Islamic Bank (JIB), one of the largest banks operating in the country, are collaborating to drive innovation and expand access to Shari’ah-compliant digital payment solutions.
Virtual cards are now the preferred payment method for corporate hotel stays — but they only deliver on their promise when systems are well connected. Many hotel payments still rely on a patchwork of methods, and there’s a growing need for more consistent, automated delivery embedded in the ecosystem.
New NordPass research reveals poor password hygiene in the finance sector, putting sensitive data at risk
The Bank of England has significantly scaled up its investment in IT hardware by £7.7 million over the past three years, purchasing laptops, phones and tablets as part of a broader digital transformation strategy aligned with increased demands for cybersecurity, remote access and operational efficiency.
Between June 2022 and May 2025, the UK's central bank acquired over 7,200 devices, reflecting a strategic commitment to modernising its technology infrastructure amidst evolving digital and security needs.
