The friction banks apply to instant bank transfers to slow down payments and protect customers from scams is ineffective and overlooked by users, according to new research* of 2,000 UK adults by Tunic Pay, an anti-fraud fintech company helping household-name UK banks detect and prevent scams before they happen, and Opinium, the market research consultancy.

Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed USD$1trn in 2023, today announced total client trading volumes reached over $450 billion in Q3 2024, a 20% increase from Q2 2024, affirming the company’s steady growth trajectory.

Bhutan Airlines is pleased to announce a new partnership with FinMont, a leading global payment orchestration platform. The leading airline has chosen FinMont global solution to provide a secure payment gateway incorporating a wide range of payment methods and ensuring a seamless customer transaction process.

Equifax UK has launched a new digital customer onboarding journey to help certain utility and telecoms providers automate customer eligibility assessments for social tariff discounts, making it simpler and easier for consumers to apply, and helping them access discounts and special pricing plans available for households facing financial hardship.

GoCardless, the bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software company, which is an existing GoCardless customer, will now become one of its 350+ partners by integrating GoCardless’ payment capabilities into its platform.

Marygold & Co., Britain’s most emotionally intelligent money management app for individuals and small businesses, has partnered with Griffin, the UK’s leading bank for fintechs. This partnership enables Marygold & Co. to embed savings accounts in its app, which will provide a range of personalised wealth-building tools to users in the UK when it launches later this year.

At the Singapore FinTech Festival 2024, PayPay, Japan's top QR payment operator, today announced an expanded partnership with Alipay+, Ant International’s cross-border mobile payment and digitalisation technology solution, broadening its merchant coverage network across Japan.

Breakthrough payment orchestration provider BR-DGE has appointed Chun Ong as its new Chief Operating Officer, as the company scales rapidly to meet unprecedented demand for its pioneering and modular services.

Wolt, the technology company known for its local commerce platform, is excited to announce a new partnership with Revolut, the global fintech with over 45 million clients across the globe. Wolt+, Wolt’s subscription program offering €0 delivery fees and exclusive discounts, is now available to Revolut Premium, Metal, and Ultra paid plan subscribers across 17 European markets.

Prodigy Finance, a leading global higher education finance company, announces the launch of a new round of funding worth up to $310 million. This marks their second partnership with the U.S. International Development Finance Corporation (‘DFC’).