The operator of the Polish mobile payment system Blik is looking to expand internationally through the acquisition of Slovakian player Viamo.

Terms of the deal - which still require the approval of Slovakia's central bank - were not disclosed.

New research from international digital SME banking specialist, Pollinate,  reveals traditional banks’ servicing of SMEs does not correspond with the economic importance of this sector.

From talking to nearly 1,000 banking leaders around the world, Pollinate’s latest guide has plotted a path for how traditional banks can accelerate the pace of change by focussing on harnessing the power of data to become the single digital hub for SMEs.

Stubben Edge Group is pleased to announce the acquisition of Bonhill Groups Business Solutions & Governance (BSG) Division. The BSG Division holds several brands which will be key to Stubben Edge’s further growth and expanded capabilities for customers, brokers, and Independent Financial Advisers (IFAs).

Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest, subject to customary conditions.

As financial markets soared in 2021, we saw a record number of IPOs and workforces surge in numbers. The big six U.S. banks for example added almost 60,000 employees – or the equivalent of Morgan Stanley's worldwide workforce. But the recent news of hiring and spending slowdowns has been well chronicled.

Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access to credit at a time when the UK is anticipating a recession and facing historic inflation rates.

As the demand for cross-border payments continues to grow, Brightwell, an Atlanta-based global payments technology company, announced today the availability of ReadyRemit. This comprehensive remittance engine enables FinTechs to capitalize on the digital payments market quickly and easily, building a new revenue stream and driving customer loyalty.

The Booming Global Payments Market

DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with Dutch wearable fashion brand, AdornPay, bringing large-scale wearable payment technology to the Netherlands for the first time.

Accessing sensitive information requires effective security measures. Unlike passwords, specialists argue that biometric authentication systems are more efficient because they do not require remembering complex credential combinations. Biometrics, or body measures, such as fingerprint, facial and voice recognition, are widely spread in the financial sector as a user authentication method.

HSBC UK has rolled out sweeping variable recurring payments (VRP) to all its personal and business customers who use open banking services.