The UK’s big banks have had a tough start to the year, with fears relating to global economic slowdown, the impact of the huge fines imposed by the FCA and the threat of more big regulatory changes all taking their toll.  Few if any of these factors, however, are affecting the performance of the UK’s so-called ‘challenger banks’.

The Boston Consulting Group (BCG) and Opportunity Network have reached an agreement aimed at helping financial institutions provide a wide array of growth opportunities to their customers.

GoldMoney launches BitGold Business Accounts and merchant processing at Money 20/20 Europe, the world's largest FinTech event. BitGold, the only gold-based payments and savings platform, is transforming the global cross-border payment experience by enabling business owners, freelancers, and sole proprietors to request and accept business and consumer payments in vaulted-gold bullion, enabling instant cross-border value settlement and reducing risks and delays in global commerce.

IA Capital Group Inc., a venture capital firm focused on financial technology, is announcing the completion of five fintech investments over the past 12 months, including Credit Sesame, Crown Global Insurance, Marqeta, LiftForward, and a

Pivotal Payments, a provider of technology-driven global payment processing solutions, has licensed Lusis Payments’ TANGO platform to process point-of-sale (POS) payments. Pivotal Payments has been providing innovative merchant services for over a decade, and delivers efficiency and profitability to over 90,000 clients across a wide range of business verticals.

Retail Banking 2016, Booth #107 — Gryphon Networks, a sales intelligence service provider, and Belmont Savings Bank, a leading chartered Massachusetts bank, have successfully deployed Gryphon’s patented Sales Intelligence Platform to establish a data-driven approach to Bank Branch sales effectiveness and improve overall management operations.

Bryn Mawr Trust has selected its Advisor® for Relationship Lending origination solution from Baker Hill, a provider of SaaS solutions for common loan origination, relationship management and smart data analytics, to automate its commercial lending operations. The solution supports financial institutions’ strategic sales initiatives, helping them meet customer acquisition goals while optimizing credit approvals to accelerate underwriting.

Worldline [ and Gemalto are working together to enable seamless onboarding of banks and card issuers to mobile payment wallets provided by device manufacturers.

Unwire Connect is a revolutionary product that connects the consumer with the merchant at point of sale by using a tap-and-pay system. Unwire Connect is unique as it is the first offering of its kind and the only one that is white label and available on all platforms.

International law firm Watson Farley & Williams (“WFW”) has advised mid-market investor Aurelius Group (“Aurelius”) on the successful completion of its cross-border acquisition of Colt Group S.A.’s (“Colt”) virtualised cloud computing and managed hosting services business, Colt Managed Cloud (“CMC”).