BlackRock, the leading global investment manager, announced it was joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.

Finastra today announced that First Pacific Bank, a Southern California-based community bank that offers custom financial solutions for individuals and businesses, has selected Finastra Payments To Go

Newton Property Management has expanded its existing relationship with bank payment company GoCardless by adding Instant Bank Pay, its open banking-powered payment feature, to the Direct Debit functionality it uses already.

Tuum, the leading next-generation core banking provider, today announces that it has appointed David Yates, former CEO and Chairman of UK payment infrastructure provider Vocalink, as its new Chairman.

Pax2pay, the pioneering Virtual Card Issuer specialising in the Travel Sector, is proud to announce a strategic agreement with Diners Club International, a globally recognised brand and part of the Discover Global Network. 

Worldline, a global leader in payment services, has signed a contract with Anadolubank Nederland N.V. for its cloud-based instant payments solution. This partnership will enable Anadolubank to seamlessly comply with the new EU Instant Payments regulation. The five-year agreement signifies a potential path forward for other mid-size banks, aiming to stay compliant while accelerating their digital transformation. 

Mastercard today updated its Consumer Fraud Risk (CFR) solution to increase the ways it helps protect consumers from Real Time Payment scams. The AI-powered insights give more UK banks greater visibility into potentially fraudulent transactions so they can stop scams before they take place.

These scams, known as Authorised Push Payment (APP) fraud – usually sparked by a fictitious website, email, text message or phone call – saw UK consumers defrauded out of £460m ($607m) in 2023 .