As the world races towards a cashless future, the sheer scale of digital transactions is skyrocketing, pushing payment systems to their limits.

Profile, a leading financial solutions provider, has announced today that Kommuninvest, one of Sweden’s leading financial institutions, has selected the state-of-the-art Finuevo Core banking solution to enhance and modernise its operations.

The latest analysis of UK card payments from global analytics software leader FICO shows that spending fell in January and rose in February, as per usual seasonal patterns. However, January saw increases in missed payments across one, two and three months. In February there was evidence of consumers prioritising card payments, with decreases in cardholders missing one and two payments. An area of concern for credit managers is the persistent rise in customers missing three payments. 

A new report from BioCatch, which prevents financial crime by recognizing patterns in human behavior, highlights an 11% increase in fraud and scams originating from mobile channels in the UK, as fraudsters pivot away from social engineering voice scams, which declined by 34%. The research pulls data from a dozen different UK banks servicing more than 110 million retail banking customers in the country.

BPC, a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strat

Allevo announces the successful deployment of FinTP-Instant  at Garanti BBVA Romania. The solution connects the bank to the Instant Payments service  hosted and operated by TransFonD and processes payments within scheme constraints. 

The Instant Payments service ensures money transfer in a few seconds, the maximum amount  of a payment being 10.000 RON, and 49.999,99 RON for a collection. Such a payment can be  initiated 24/7/365 between customers of Instant Payments participants. 

The British Business Bank has committed £7 million to a new platform enabling it to invest alongside five of the UK’s promising and emerging angel syndicates. The platform will be managed by Haatch, an existing partner of the Bank.

Finastra, a global provider of financial software applications, today announced the launch of its Transformation Service, supporting the translation of MT formatted messages to the new ISO 20022 MX messaging standard, among others. The Transformation Service is available to Finastra’s existing and new Financial Messaging customers looking to comply with Swift’s November 2025 deadline for the new cross-border payments and reporting plus (CBPR+) rules.