Lloyds Banking Group, one of the UK’s largest financial services organisations, has expanded its collaboration with Oracle to further strengthen its customer experience.

RegTech firm, Muinmos has formed a strategic partnership with Africa Due Diligence (ADD™) to enhance trust and compliance in the African financial sector and create growth opportunities in the region. As part of the collaboration, Muinmos has acquired an equity stake in Africa Due Diligence and is empowering it with its onboarding technology and KYC solution.

Adyen, the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc., the payment network that empowers consumers and helps merchants drive growth, to the U.K. 

Shoppers in the UK have a lower tolerance for poor online checkout experiences than others in Europe, new research from leading financial technology provider payabl. finds.

The findings, based on the views of consumers in the UK, Germany and the Netherlands, show that 43% of all shoppers across these markets would not return to a retailer if they had a poor online checkout experience. 

Trustly, the global leader in Pay by Bank solutions, has announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s leading position in instant payouts. 

Representing an important milestone for the company in its home market, Trustly will be the first third-party provider to support RIX INST-powered instant payouts and will now offer instant payout coverage for all Swedish banks and their customers. 

PXP, the omnichannel global payment platform and innovative industry disruptor, today shows the results of an exclusive survey, which reveals Gen Z overwhelmingly prefers instant, digital-first payment methods, with traditional banking options falling dramatically out of favour.

Key insights from the survey include:

With the aim to deliver payments experiences consumers love, Worldpay® has joined forces with Visa, a world leader in digital payments, to bring their Click to Pay payment option to merchants in the U.K. Worldpay customers using the company’s hosted payments pages can simply turn on Click to Pay with Visa without the need for merchant integration or development.

MuchBetter, the innovative fintech company, has announced an exciting expansion into the B2B sector with the launch of its own business account offering, MuchBetter Business (MBB).

MBB caters to enterprises seeking access to business accounts in a wide range of currencies, without the friction, long lead times, or high fees associated with traditional banks. Powered by specialists in the gaming and high-risk industries, MBB understands the unique needs and challenges these sectors face.

Telr, an award-winning leader in digital payments across MENA, has secured a Retail Payment Services License (RPS) by the Central Bank of the UAE, marking a transformative milestone in its mission to drive financial innovation and seamless digital transactions.