Mollie, one of Europe’s fastest-growing financial service providers, sought a reliable partner to launch their own instant, account-to-account payment solution for its merchants. 

The current financial services landscape may look like a roller coaster at times, but it also presents compelling opportunities for banks, credit unions and asset managers to grow their portfolios while better addressing consumers’ financial goals. In particular, the rising cost of living and record-high credit card interest rates have created a widespread need for solutions that alleviate consumers’ financial stress.

As many on the investment side of the financial industry are aware, liquidity is an ongoing challenge for those looking to unlock the value of their assets - without selling their shares or risking tax consequences and market disruptions, that is.

Advisor attrition is one of the most pressing challenges facing wealth management firms today. Losing experienced advisors doesn’t just impact internal operations, it disrupts client relationships, affects assets under management (AUM) and damages a firm’s reputation. With competition for talent increasing, firms need to rethink how they attract and retain advisors to build a stable, engaged workforce.

The high cost of advisor turnover

Backbase, a global leader in engagement banking, has partnered with Salt Edge, a leading provider of open banking solutions, to accelerate the adoption of open banking and help banks seamlessly meet compliance requirements while unlocking new revenue opportunities.

FinTech Wales is delighted to announce the appointment of Lucy Bulley as Programme Director for the 2025 FinTech Wales Foundry.

With an impressive track record of supporting and scaling startups across fintech, cyber security, SaaS, and beyond, Lucy brings a wealth of experience to the role. A seasoned Fractional COO, founder, and startup mentor, she has worked with scaling businesses across multiple tech sectors, both in Wales and internationally.

Global analytic software leader FICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as the financial support provided by the government furlough scheme, saw consumers more able to make card payments.

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank PLC, to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses.

The transaction will support Cynergy Business Finance’s invoice finance lending and is the first ENABLE Guarantee to support this asset class, further increasing the choice of debt finance options available for small to medium sized businesses.

Featurespace, global fraud and financial crime prevention innovators, today announced that CEO Martina King will retire following the company's successful acquisition by Visa.

Jason Blackhurst will take on the role of SVP, Head of Featurespace and Acceptance Risk Solutions at Visa. With a history of leadership roles across the payments industry, Blackhurst brings over 30 years of experience in the financial services industry.