Smart Data Foundry’s latest Economic Nowcast reveals striking differences in financial resilience between England, Scotland, and Wales, with many people continuing to spend beyond their means. 

In July over 10.6% of adults in Britain spent more than they earned, equating to more than 5 million people unable to make ends meet. This is based on a British banking population of 54.4 million.   

Younger generations are demonstrating much greater appetite to invest compared to their parents’ generation as they look to beat inflation and low returns on cash savings, according to research from new personalised wealth management platform, Stratiphy.

Payhawk, the finance orchestration platform that unifies global spend management with intelligent automation and real-time payments, today announced audited results for the year ended 31 December 2024. Annual recurring revenue (ARR) rose 78% to €39.5 million, supported by net revenue retention (NRR) of 173.5% (12-month cohort average) as customers expanded their use of the platform. IFRS revenue reached €23.4 million, up 85% year over year and nearly 4× the €5.9 million reported in 2022.

FinTech Wales, the independent membership association and champion of the fintech and financial services industry in Wales, has announced the appointment of Sarah Jones as its new Chief Executive Officer.

FNZ and UniCredit, one of Europe’s leading banks, have entered into a long-term strategic partnership to evolve the bank’s securities services offering.

The partnership marks a major milestone in UniCredit’s programme to simplify and grow its securities business as it brings its back-office operations in house. UniCredit will deploy FNZ’s cloud-based post-trade securities platform to standardize operations and bring critical back-office functions under one roof.

Navro — the pioneering fintech that simplifies cross-border payments for international businesses — today announces that it has acquired a Washington D.C. Money Transmitter Licence. The licence, which is regulated and issued by the Department of Insurance, Securities and Banking (DISB), builds on Navro’s Delaware licence, acquired earlier this year and follows the company's strategy to roll out its payment curation platform and services internationally, throughout the US, Europe, Asia and the Middle East.  

Adyen , the global financial technology platform of choice for leading businesses, today announces its partnership with Dobbies Garden Centres, who this year celebrate 160 years of helping British gardeners to grow.

A new study by global tech strategists Juniper Research has found that eCommerce payments will exceed $13 trillion globally in 2030; up from $8.3 trillion in 2025. This substantial 57% growth will be driven by emerging markets, with Latin America and the Indian Subcontinent experiencing the fastest growth rates.

Snappi, the first Greek neobank licensed by the ECB is delighted to announce that it is now publicly available via the App Store and Google Play, initially to all Greek tax residents.  

Headquartered in Ioannina, Snappi has been designed from the ground up to be 100% digital. Snappi is fully mobile with an effortless no paperwork onboarding process and full 24/7 human support. Customers will also receive both virtual and physical bank cards.  

Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has completed its acquisition of the remaining 49.9% of AIB Merchant Services (AIBMS), the company’s longstanding joint venture with AIB Group.