Over one-third of UK Adults say they have £25,000 or more in cash savings,  according to new research from Starling Bank, and it seems that putting money aside for life goals is the key to building up a savings pile. 

36% of UK adults have built up cash savings of at least £25,000, with 17% having £50,000 or more. And it’s not just an older generation sitting on a cash pile - almost 31% of 18-24 year olds are in the £25,000 + club. 

Modern Treasury, the leading payment operations platform built for the Instant Economy, today released survey results showing that the vast majority of companies continue to struggle with payment operations, leading to higher risk and operational cost, wasted employee time, and greater risk of audit errors.

The Company’s fourth annual State of Payments Operations 2025 report conducted with Harris Poll included responses from 500 U.S. financial decision-makers from companies with 500–9,999 employees.

Appdome, the leader in protecting mobile businesses, today announced that a new AI-Native threat-management module called Threat Dynamics™ will be offered inside Appdome’s ThreatScope™ Mobile XDR. Threat Dynamics uses AI deep learning to continuously evaluate the likelihood of a successful exploit from more than 400+ attack vectors and calculate a Mobile Risk Index™ for each business and mobile application.

Highnote, a leader in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.

The Bancorp, Inc., through its subsidiary, The Bancorp Bank, N.A., appointed Dwayne Allen to the Company’s Board of Directors, effective January 1, 2025. The addition of Allen will help drive the ongoing growth of The Bancorp.

Brite Payments, a leader in instant bank payments, has announced that George Parks Davie has been appointed VP Product. Bringing more than 15 years of fintech experience in account-to-account (A2A) payments and open banking to the role, Davie will help expand Brite’s product offering in existing and new geographies, with a strong focus on user experience. As part of the role, Davie will also lead the newly-created Payments Domain within Brite. 

Finastra, a global provider of financial software applications, hosted leaders from community banks and credit unions across the United States to discuss trends and innovation in consumer, commercial and mortgage lending. The User Connect series, open to current Finastra lending customers, took place in Chicago, Illinois; Scottsdale, Arizona; and Orlando, Florida.

Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is further enhancing its B2B platform offering via a collaboration with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s largest financial services groups, Société Générale. The EUR CoinVertible (EURCV), a MiCA regulated stablecoin, will be the first Societe Generale-FORGE product made available to Sygnum’s 20+ partner banks in Q1 2025.

One Inc, a leading payments network and software platform for the insurance industry, today announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors.

MoonPay, the leading global crypto payments company, announced today the launch of recurring buys, a new feature that enables users to schedule regular crypto purchases. Recurring buys offer consumers a simple, automatic, and convenient way to grow their crypto holdings while eliminating the need for constant management or market monitoring.