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Open Banking Limited Marks 8 Years of Transforming the UK’s Financial Landscape

Open Banking Limited (OBL) today marks the 8th anniversary of open banking in the UK – an innovation born when PSD2,officially came into effect -  and a pivotal moment for the UK economy. This milestone comes as the FCA, in a recent letter to the Prime Minister, identified open banking as a key initiative to drive national growth and unlock new use cases, particularly SME lending. OBL is proud to celebrate eight years of progress that have transformed how millions of people and businesses manage, move and make sense of their money.  

Tuesday, January 13, 2026 - 09:12
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Financial IT
The Payments Association Makes Recommendations For UK To Become a Global Payments Powerhouse in Manifesto

The Payments Association, a trade group representing the payments sector, has launched its Payments Manifesto 2026, detailing policy recommendations, including a call for social media companies to have more responsibility in reducing fraud and a stricter ruling in the National Fraud Strategy.  

Tuesday, January 13, 2026 - 08:56
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Financial IT
PAY360 2026 returns on 25–26 March at ExCeL London.

Use code FinancialIT20 now to save 20% off your tickets!

Join us at Europe’s largest and most influential payments event, uniting the global payments ecosystem for two days of insight, innovation, and collaboration.

6,000+ attendees from across fintech, banking, payments & technology

200+ industry-leading speakers

Monday, January 12, 2026 - 15:23
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Financial IT
PhotonPay Raises Tens of Millions in Series B to Pioneer Stablecoin-Centric Financial Infrastructure

PhotonPay, a leading stablecoin-centric global digital financial infrastructure, today announced the successful completion of its tens of millions of USD Series B funding round.

Monday, January 12, 2026 - 14:45
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Financial IT
PhotonPay Raises Tens of Millions in Series B to Pioneer Stablecoin-Centric Financial Infrastructure

PhotonPay, a leading stablecoin-centric global digital financial infrastructure, today announced the successful completion of its tens of millions of USD Series B funding round.

Monday, January 12, 2026 - 14:45
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Financial IT
From Search to Checkout: PayPal Supports Trusted AI Checkout with Google

The landscape of shopping is undergoing a fundamental shift as AI agents increasingly help consumers discover, compare, and decide what to buy. To power this evolution, commerce infrastructure needs to be open, secure, and interoperable. That’s why we are proud to announce PayPal’s support of Google’s Universal Commerce Protocol (UCP), launched today. As part of our support, PayPal will soon be a payment option available within a new checkout feature on Google, powered by UCP.

Monday, January 12, 2026 - 14:41
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Financial IT
MEPS Introduces Click to Pay Through Mastercard Gateway in Jordan

Middle East Payment Services (MEPS), a digital financial solutions provider, is now offering Click to Pay to its e-commerce merchants through Mastercard Gateway. This collaboration strengthens MEPS's role in Jordan's payments ecosystem and supports broader access to secure and efficient digital payment solutions.

Monday, January 12, 2026 - 14:35
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Financial IT
Checkout.com Secures Approval for Georgia Bank Charter, Accelerating US Expansion

Checkout.com, a leading global digital payments provider, today announced it has received approval for its Merchant Acquirer Limited Purpose Bank (MALPB) charter from the Georgia Department of Banking and Finance. This critical regulatory milestone puts Checkout.com in the position to move forward to operate a MALPB in the US, marking the transition to operational execution.

Monday, January 12, 2026 - 14:22
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Financial IT
Consumer Financial Protection Bureau And the Department of Justice Withdraw Joint Statement on Fair Lending and Credit Opportunities for Noncitizen Borrowers

The Consumer Financial Protection Bureau and the Department of Justice (together, the “agencies”) announced today that they have withdrawn a joint statement regarding the implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).

Monday, January 12, 2026 - 14:14
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Financial IT
Allianz And Anthropic Forge Global Partnership To Advance Responsible AI in Insurance
Allianz SE and Anthropic today announced a global partnership to accelerate the adoption of responsible Artificial Intelligence (AI) at Allianz. The collaboration centers on three transformative projects within Allianz Group designed to empower Allianz employees and accelerate operations, while setting new benchmarks for accuracy.
Monday, January 12, 2026 - 12:51
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Financial IT

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