Unity Trust Bank, the commercial bank with a social conscience that serves SMEs and organizations, has appointed Colin Fyfe as its CEO.

Colin joins Unity with more than 40 years’ experience in the banking sector including 10 years as CEO at two building societies.

With a deep understanding of commercial business and the wider regulatory banking environment, Colin brings a wealth of knowledge and expertise to the role.

Societe Generale has announced a plan to implement organizational changes in its head office in France to simplify its operations and structurally improve its operational efficiency.

During the presentation of the Group’s strategic roadmap in September 2023, Societe Generale announced a goal of gradually and significantly improving its cost/income ratio, with the achievement of approximately €1.7 billion in gross savings in 2026 compared with 2022.

HSBC UK has introduced its first standalone ‘Cash Pod’, which will provide improved access to cash in Nailsea, North Somerset, in advance of the closure of the last bank in town, which is planned for 1 February.

The number of people falling victim to romance scams increased by a fifth (22%) in 2023, compared to 2022, according to the latest data from Lloyds Bank.

However, overall, the average amount lost to romance scams was £6,937, less than in 2022 (£8,237). 

Nium, the leader in real-time global payments, proudly announces it has received in-principle approval from the Reserve Bank of India for two prestigious payment licenses – the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA) Licence. The two licenses will allow the global payments company to offer and improve upon a variety of financial products in the country, from prepaid cards to merchant payment acquiring.

Global online sports bettors prioritize rapid payouts and payment choices when starting their customer experience with sportsbooks, according to the 2024 All the ways players pay research from Paysafe, a leading payments platform. Released today, the report also reveals that payments are just as valuable in strengthening the customer experience for players, whose appetite for digital wallets and even crypto payments is rising.

Wirex, a leading Web3 money app, has announced a strategic collaboration with Gateway.fm, a global multi-chain architecture decentralized blockchain infrastructure node provider.

Banco Santander has today announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank's non-auto consumer business.

PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay, Saudi Arabia’s leading Payment Infrastructure as a Service fintech brand to offer users across Jordan and other PayTabs markets in the region, an elevated soft POS payment experience.

A new study from Juniper Research, the foremost expert in payments markets, has found the value of B2B payments will grow 40% by 2028, from $89 trillion in 2024, due to digital p