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FCA Leads International Crackdown On Illegal Finfluencers

Regulators across the globe, led by the FCA, have joined forces to protect social media users from illegal financial promotions by rogue finfluencers.

Nine regulators, from Australia, Canada, Hong Kong, Italy, United Arab Emirates and United Kingdom took part in the week of action, which began on 2 June 2025.

In the UK, the FCA has:

Friday, June 6, 2025 - 09:33
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Financial IT
U.S. SMBs Say Payment Innovation Is Key Driver Of Growth

According to new research, ‘Balancing the Books’, from leading payments platform Paysafe, an overwhelming 96% of U.S. small and medium-sized businesses (SMBs) accepting in-person transactions plan to upgrade their payments technology in the next 12 months. Despite some economic challenges, SMBs remain optimistic and view payment innovation, including e-commerce, as critical to their future growth as well as overcoming cash flow and fraud issues.

Friday, June 6, 2025 - 09:23
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Financial IT
Lloyds Partners With BNP Paribas To Launch FX Algorithmic Execution Service

Lloyds today announced a partnership with BNP Paribas to offer its corporate and financial institution clients  access to market-leading FX Execution Algorithms (EAs). The partnership will see Lloyds deliver an FX  Algorithmic Execution Service supported by BNP Paribas’ leading edge solutions - helping clients to execute  large FX trades more efficiently, while retaining transparency and control through robust Transaction Cost  Analysis (TCA). 

Thursday, June 5, 2025 - 13:51
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/news/trading-systems/lloyds-partners-bnp-paribas-launch-fx-algorithmic-execution-service
Financial IT
Apiture Introduces Fintech Connector To Accelerate Innovation For Community Banks And Credit Unions
Apiture, a leading provider of digital banking solutions, today announced the launch of Fintech Connector, enabling fintech partners to rapidly integrate their solutions with the Apiture Digital Banking Platform, without the need for custom integrations.
 
Thursday, June 5, 2025 - 13:37
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/news/digital-banking/apiture-introduces-fintech-connector-accelerate-innovation-community-banks-and
Financial IT
Morrisons Daily Extends Relationship With NCR Atleos, Further Expanding Self-Service Cash Access

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Morrisons Daily has extended its collaboration with Atleos, providing even more consumers with reliable, secure access to cash through Atleos’ Cashzone Network.

Thursday, June 5, 2025 - 13:34
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/news/banking/morrisons-daily-extends-relationship-ncr-atleos-further-expanding-self-service-cash
Financial IT
LianLian Global and UnionPay International Announce Strategic Partnership at Money20/20 Europe

From June 3 to 5, Money20/20 Europe, the global fintech flagship event, takes place in Amsterdam, Netherlands. LianLian Global, a brand under the Hong Kong-listed Lianlian DigiTech, has been invited to showcase its innovative digital payment solutions at the event.

Thursday, June 5, 2025 - 12:38
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/news/payments/lianlian-global-and-unionpay-international-announce-strategic-partnership-money2020
Financial IT
Experian and Plaid Partner to Enhance Credit Risk Assessment with Real-Time Cashflow Insights

Today, Experian®, a global data and technology company, and Plaid, a leading financial data network, announced a strategic collaboration to lower barriers to accessing cashflow solutions and expanding financial inclusion.

Thursday, June 5, 2025 - 12:33
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/news/cash-management/experian-and-plaid-partner-enhance-credit-risk-assessment-real-time-cashflow
Financial IT
Octopus Energy’s Electroverse and Enfuce Unveil Payments Card to Accelerate Fleet Electrification in the UK

Issuer processing powerhouse, Enfuce, today announced its strategic partnership with Octopus Energy’s Electroverse, Europe’s largest EV charging network, to launch the Electroverse Business Payments Card, a next-generation fleet payment solution designed to simplify expense management for fleets and accelerate the shift to electric mobility for businesses across the UK.

Thursday, June 5, 2025 - 12:29
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/news/payments/octopus-energys-electroverse-and-enfuce-unveil-payments-card-accelerate-fleet
Financial IT
Aibidia Raises $28M Series B To Expand AI-Powered Financial Tax Technology In The US

AI-powered fintech, Aibidia, has closed its Series B funding round at $28M to expand its tax technology operations into the US market. Aibidia has established itself as a critical component of the tax tech stack for multinational companies, providing the platform to manage global transfer pricing and cross-border tax compliance through AI-powered technology. The round was led by Activant alongside participation from existing investors, DN Capital, FPV and Icebreaker.vc.

Thursday, June 5, 2025 - 12:17
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/news/fundraising-news/aibidia-raises-28m-series-b-expand-ai-powered-financial-tax-technology-us
Financial IT
Bupa Dental Care Partners With American Express To Offer Patients New Ways To Pay

Bupa Dental Care is now accepting American Express (Amex) in the UK, giving patients more payment options and access to exclusive offers when using their Amex Card for dental treatment.

Thursday, June 5, 2025 - 10:58
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/news/payments/bupa-dental-care-partners-american-express-offer-patients-new-ways-pay
Financial IT

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