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FICO UK Credit Card Market Report: May 2025

The latest UK credit card data from global analytics software leader FICO provides stark evidence that consumer financial confidence remains low. Whilst spending has followed the usual seasonal drop after Easter, the average active balance is 4.7% higher year-on-year, suggesting consumers are not able to clear as much of their credit card debt. The percentage of balance paid is also trending downwards year-on-year by 5.8%.

Monday, July 14, 2025 - 10:11
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/news/credit-cards/fico-uk-credit-card-market-report-may-2025
Financial IT
NatWest Boxed And Saga Money Launch Seven‑Year Partnership To Deliver Savings Products For The Over‑50s
Today, Saga and NatWest Boxed, NatWest Group’s banking-as-a-service business, are announcing a partnership where Saga will use Boxed’s embedd
Monday, July 14, 2025 - 08:50
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/news/personal-finance/natwest-boxed-and-saga-money-launch-seven-year-partnership-deliver-savings
Financial IT
XS.com Scored A Hat‑Trick Of Awards & Crowned As Most Popular Broker In MENA

XS.com, the leading global FinTech and financial services provider, solidified its position as a key industry player at the African FinTech Summit by The Trading Show held on July 12–13, 2025, at the Hyatt Regency in Casablanca, Morocco.

The multi-asset broker was proudly recognized with three major awards at the summit: Most Popular Broker – MENA, Best Finfluencers Support, and Best Gold Trading Conditions.

Monday, July 14, 2025 - 08:43
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/news/infrastructure/xscom-scored-hat-trick-awards-crowned-most-popular-broker-mena
Financial IT
AlHuda CIBE To Host Landmark Forum On Islamic Banking And Finance In London

AlHuda Centre of Islamic Banking and Economics (CIBE) is proud to announce the upcoming Forum on Islamic Banking and Finance, set to take place on August 23, 2025, at the prestigious Islamic Cultural Centre in London, UK. Under the theme “Advancing Islamic Finance in a Global Financial Hub”, this high-profile event will bring together industry leaders, policymakers, Shariah scholars, and financial experts to explore the latest trends, challenges, and opportunities in the rapidly growing Islamic finance sector.

Monday, July 14, 2025 - 06:31
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/news/fintech-startups/alhuda-cibe-host-landmark-forum-islamic-banking-and-finance-london
Financial IT
EverC Launches Solution For Seamless Merchant Onboarding Within Seconds

EverC, an innovative, mission-driven risk management company using AI technology to fight bad actors and foster ecommerce growth, today announced Instant Onboarding, a merchant onboarding solution that enables payment providers to onboard merchants faster, while providing instant intelligence on merchant risk before threats reach their platform.

Monday, July 14, 2025 - 06:25
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/news/e-commerce/everc-launches-solution-seamless-merchant-onboarding-within-seconds
Financial IT
How Fintechs Can Help Banks Spot Financial Distress Before It Hits

America's small businesses are in trouble, and most don't even know it yet.

I know this because I've been there, running a small business while watching the economic ground shift beneath my feet, wondering if my bank even noticed I existed beyond my line items. After years of consulting with Fortune 500 companies and watching the pandemic expose just how broken our financial support system really is, I can tell you the problem runs deeper than most people realise.

Monday, July 14, 2025 - 04:49
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/blog/financialdistress-fintechsolutions/how-fintechs-can-help-banks-spot-financial-distress-it-hits
Financial IT
SmartSearch And Plannr Partner To Deliver Seamless AML Compliance For Wealth Management Firms

SmartSearch, the UK’s leading provider of digital anti-money laundering (AML) and compliance solutions, is pleased to announce a strategic partnership with Plannr, the modern CRM and back-office platform built specifically for financial planners and wealth management firms. 

Monday, July 14, 2025 - 04:44
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/news/wealth-management/smartsearch-and-plannr-partner-deliver-seamless-aml-compliance-wealth
Financial IT
Why Payments In Europe Have Entered A New Era

EBAday 2025 came at a significant juncture in the ongoing evolution of payments services in Europe. The practical regulatory and compliance challenges that have dominated banks’ attention and resources in past years are starting to move into the rear-view mirror.

Monday, July 14, 2025 - 04:41
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/blog/europeanpayments-fintechevolution/why-payments-europe-have-entered-new-era
Financial IT
IPOs On Ice – What The Frozen Exit Market Means For Fintechs

There was a time when a fintech IPO was the ultimate signal of scale, ambition, and market validation. Today, that same move can raise more questions than confidence.

Monday, July 14, 2025 - 04:22
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/blog/ipofreeze-exitmarket/ipos-ice-what-frozen-exit-market-means-fintechs
Financial IT
Network International And Magnati Secure Key Regulatory Approvals For Merger

Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a leading provider of payment solutions in the UAE, today announced that they have received key regulatory approvals to merge into a single entity, owned by a Brookfield-led consortium. The merger process is expected to be completed during Q3, 2025.

Friday, July 11, 2025 - 16:45
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/news/regtech/network-international-and-magnati-secure-key-regulatory-approvals-merger
Financial IT

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