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Scrapping the Cap: What the £100 Contactless Limit Removal Really Means for Banks and Trust

As 2025 drew to a close, the UK’s Financial Conduct Authority (FCA) announced its plan to remove the £100 contactless payment limit, marking a turning point for the industry. From March 2026, banks will be able to set their own limits for customers, allowing for higher or even unlimited contactless transactions, much like digital wallets. The move aims to reflect evolving customer expectations for greater flexibility and convenience. 

Friday, February 6, 2026 - 14:10
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Financial IT
Affirm and Wayfair Expand Partnership to the UK and Canada

Affirm today announced the expansion of its partnership with Wayfair, bringing its honest financial products to shoppers in the UK and Canada.

Whether shopping for a new dining table or the perfect sofa, approved shoppers in the UK and Canada can now split their purchases with Affirm.

Friday, February 6, 2026 - 13:57
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/news/e-commerce/affirm-and-wayfair-expand-partnership-uk-and-canada
Financial IT
Amplify Credit Union Partners with MANTL To Modernize Business and Retail Account Opening

MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Amplify Credit Union (Amplify), a credit union headquartered in Austin, Texas, to modernize its business and consumer onboarding and account opening experience across all physical and digital banking channels.

Friday, February 6, 2026 - 13:53
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/news/banking/amplify-credit-union-partners-mantl-modernize-business-and-retail-account-opening
Financial IT
Government Leads Global Fight Against Deepfake Threats

Bringing together leading technology companies, such as Microsoft, academics and experts, the government is set to develop and implement a world-first deepfake detection evaluation framework, establishing consistent standards for assessing all types of detection tools and technologies. This will help position the UK as a global leader in tackling harmful and deceptive deepfake content.

Friday, February 6, 2026 - 13:48
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/news/cybersecurity/government-leads-global-fight-against-deepfake-threats
Financial IT
Cowbell Launches in Australia, Bringing AI-Powered Cyber Protection Backed by the Financial Strength of Zurich

Cowbell, a leading provider of adaptive cyber and specialty insurance solutions for global small and mid-market organizations, today announced its official launch in the Australian market, introducing Prime One, a standalone cyber insurance programme designed for small and medium-sized enterprises (SMEs) with up to A$100 million in annual turnover.

Friday, February 6, 2026 - 13:43
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/news/security/cowbell-launches-australia-bringing-ai-powered-cyber-protection-backed-financial
Financial IT
Bain & Company Appoints Jamie Cleghorn to Lead Its Global Customer Practice

Bain & Company today announced the appointment of Jamie Cleghorn as Global Head of its Customer practice, reinforcing the firm's commitment to helping CEOs accelerate growth by placing customers at the center of enterprise transformation.

Friday, February 6, 2026 - 13:40
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/news/people-moves/bain-company-appoints-jamie-cleghorn-lead-its-global-customer-practice
Financial IT
Barclays Harnesses GenAI to Deliver World-Class Customer Service

Barclays US Consumer Bank is leveraging generative artificial intelligence (GenAI) to create comprehensive summaries of interactions with customers across its contact centers to drive efficiencies and transform customer experience. 

Friday, February 6, 2026 - 12:27
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/news/artificial-intelligence/barclays-harnesses-genai-deliver-world-class-customer-service
Financial IT
Equiti Group Partners with Checkout.com To Expand Worldwide Payments

Equiti Group, a global fintech leader, has partnered with Checkout.com, a leading global digital payments provider, to expand Equiti Pay's global payment capabilities and accelerate payment acceptance rates.

Friday, February 6, 2026 - 12:22
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/news/payments/equiti-group-partners-checkoutcom-expand-worldwide-payments
Financial IT
CQG Enters into Agreement for Acquisition by Broadridge

CQG, a leading provider of futures and options trading, execution management and market connectivity, today announced it has entered into an agreement with global Fintech leader Broadridge Financial Solutions, Inc.  for Broadridge to acquire CQG. CQG will add complementary execution management, algorithmic trading and analytics capabilities to Broadridge’s order management and client connectivity solutions, creating an end-to-end trading suite for global f

Friday, February 6, 2026 - 12:13
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/news/trading-systems/cqg-enters-agreement-acquisition-broadridge
Financial IT
Clearwater Analytics and TreasurySpring Announce Platform Integration for Fixed-Term Cash Management

Clearwater Analytics, the most comprehensive technology platform for investment management and TreasurySpring, the global cash investment platform, today announced an integration tha

Friday, February 6, 2026 - 12:01
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Financial IT

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