Revolut, the global fintech with over 60 million customers worldwide, has today announced the appointment of Béatrice Cossa-Dumurgier as the CEO for its new Western Europe headquarters in Paris, which will serve as the hub for Revolut’s banking operations in the region.
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The UK is seeing positive signs when it comes to institutional blockchain adoption, with tokenised real-world assets (RWAs) and decentralised liquidity markets being major drivers of the industry's growth. Boston Consulting Group predicts that the global market will reach $19 trillion by 2033, driven by increasing institutional demand for efficiency, liquidity, and transparency.
Quantum computing continues to advance rapidly, with many believing that its commercial use is not far away, leading several experts to believe it could pose a serious risk to the crypto industry. Many of today’s leading blockchains are secured by cryptographic methods, which may one day be threatened by quantum computers.
UK headquartered payments fintech Sokin, has today announced that it has become the Official Global Payments Partner of the Qatar Airways British & Irish Lions Men’s Tour to Australia 2025
The partnership will see Sokin provide the Lions with international payments and foreign exchange requirements.
Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion.
Monzo, the UK’s leading digital bank with more than 12 million customers, has today announced a new investment feature that offers customers more choice - introducing Exchange Traded Funds (ETFs) that are easy to understand, easy to use, and selected based on what Monzo customers are interested in.
AutoRek, a leading provider of automated reconciliation and financial control solutions, today announced the launch of Mion, a groundbreaking data management and reconciliation platform specifically designed to handle cryptocurrency and digital asset operations with unprecedented precision.
MuchBetter, the award-winning payments innovator, has been granted a Principal Licence by Mastercard for card issuing activities in the UK, with regulatory approval secured to extend the licence to Israel. This strategic milestone empowers MuchBetter to accelerate its growth across both markets, broaden its Cards-as-a-Service (CaaS) proposition, and onboard new partners with greater autonomy, speed, and regulatory efficiency.
TerraPay, a global money movement company, has partnered with Paramount Commerce, Canada’s leading pay by bank provider, to enable real-time payouts to Canadian bank accounts via Interac e-TransferⓇ for Business. This partnership marks a significant milestone in enhancing international remittance capabilities, providing faster, more cost-effective, and transparent transactions for TerraPay’s customers.
RS2, a global provider of payment software and processing solutions, has today announced it will collaborate with Visa, a world leader in digital payments, to offer an end-to-end acceptance infrastructure proposition.