Open Banking Limited (OBL), the standards setter for open banking, today announces the appointment of the Rt Hon John Glen MP to its board as an Independent Non-Executive Director. 

While in government, Glen played a leading role in shaping UK financial services policy having served as Economic Secretary to the Treasury from 2018 to 2022. Glen was also responsible for financial regulations and managing relationships with the FCA and PRA on behalf of the government.  

Finora Bank ended 2025 with a €90.2 million net loan portfolio, following a year of strong growth in financing activity, income, and its SME client base.

In 2025, Finora Bank was among the fastest-growing banks in Lithuania and Estonia, with growth clearly above the market average. The Bank’s results improved several times compared to the previous year, driven by portfolio expansion and increasing demand from SME clients.

The European Central Bank’s latest payments report reveals how non‑cash payments jumped nearly 8%, with nearly 30 billion such card payments recorded in the first half of 2025.

Allica Bank has launched its business overdraft designed specifically for established businesses, marking a strategic milestone in the bank’s mission to transform finance for a part of the economy that has long been overlooked.

For many established businesses, access to overdrafts – one of the most flexible and widely used forms of working capital – has become increasingly difficult. 

Viva.com, the first Tech Bank in Europe for businesses, and BlueStar, a global leader in value-added technology distribution, announced a strategic partnership designed to reshape the delivery of integrated commerce solutions across Europe.

XS.com, the award-winning global multi-asset fintech and financial services provider, announces the launch of a new enhanced version of the XS.com Mobile Trading App, a platform designed to deliver a seamless, secure, and professional trading experience worldwide.

This new App reflects XS.com’s commitment to innovation and accessibility, providing a mobile-first solution that combines speed, reliability, and advanced functionality.

As 2025 drew to a close, the UK’s Financial Conduct Authority (FCA) announced its plan to remove the £100 contactless payment limit, marking a turning point for the industry. From March 2026, banks will be able to set their own limits for customers, allowing for higher or even unlimited contactless transactions, much like digital wallets. The move aims to reflect evolving customer expectations for greater flexibility and convenience. 

Affirm today announced the expansion of its partnership with Wayfair, bringing its honest financial products to shoppers in the UK and Canada.

Whether shopping for a new dining table or the perfect sofa, approved shoppers in the UK and Canada can now split their purchases with Affirm.

MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Amplify Credit Union (Amplify), a credit union headquartered in Austin, Texas, to modernize its business and consumer onboarding and account opening experience across all physical and digital banking channels.