UK-based FinTech Stubben Edge Group (the Company) and National Friendly (the trading name of Mutual, National Deposit Friendly Society Ltd) have announced a new partnership to harness the Company’s technology and distribution expertise to National Friendly’s people-focused bespoke insurance products.

European fintech, Citizen, has today announced it has chosen embedded finance infrastructure provider, OpenPayd, as its real-time payments provider. The partnership will give the end-users of Citizen’s clients a simplified payments experience via OpenPayd’s BaaS platform, which offers plug-and-play banking and payments infrastructure through a single API.

The cost-of-living crisis is changing how consumers purchase and use gift cards, with almost half (47%) of British consumers taking advantage of gift card promotions such as bonus card value or discounts to combat inflation, according to The UK Prepaid Consumer Insights Survey released today by Fiserv, Inc., a leading global provider of payments and financial technology solutions.

Tazapay, a Singapore-based cross-border payments provider, has partnered with leading global real-time payments gateway Volt to add open banking to its growing stack of payment offerings, as it accelerates its international growth plans across the UK and Europe.

Aventus, a Web3 solutions provider for enterprises, has partnered with Nexos Technologies, a digital payments and banking platform providing open banking and payment solutions, in order to bring blockchain-enabled solutions to the digital banking and payments sector.

The rising demand for electronic payments is creating fundamental shifts across Africa and making significant inroads in promoting financial inclusion. A rapidly changing landscape and disruptions mean that incumbent banks need to take radical and concerted action to step up to the competitive challenge, according to a new report by Boston Consulting Group (BCG).

The 2025 Fintech Pledge (pledge2025.org) has partnered with The Money Charity to launch an ambitious programme of financial education for those hit the hardest by the cost-of-living crisis.

The programme will start immediately and is expected to run until December 2025. Its first year of operations will be funded by Pledge2025 members Zopa bank and credit marketplace ClearScore.

CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and "stickiness" for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer "stickiness" by engaging users in effective ways that eventually drive transactions and fuel growth.

Industry players are on a mission to differentiate themselves, while merchants and consumers are demanding innovative ways to pay for what they buy.  A seamless payment experience is becoming more and more important to consumers and therefore merchants as e-commerce continues to be as competitive as ever.

The UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”) significantly boosted funding for Scotland’s small and medium-sized enterprises in 2022 as part of its ambitious national growth plan.

Debts factored – the total funded turnover of BFS clients in Scotland – grew by 12 per cent to £382m when compared with 2021 with funding advanced growing by 4%.