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LemFi Secures 14 Money Transmitter Licences, Strengthening Its US Presence And Commitment To Trust

LemFi, the financial platform built for the underserved, has secured 14 new Money Transmitter Licenses (MTLs) across the US, marking a major step in its mission to deliver safe, reliable and fully compliant financial services to immigrant communities.

Wednesday, December 10, 2025 - 13:16
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Financial IT
Santander Reveals Almost £50,000 Handed To Beauty Scammers In 2025

Consumers across the UK have been conned out of almost £50,000 so far this year by fraudsters selling fake beauty products and services, according to new data released today by Santander. The scams, which target both men and women, range from counterfeit perfumes and make-up to botox, lip and collagen fillers, and other cosmetic treatments.

Wednesday, December 10, 2025 - 13:12
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/news/cybersecurity/santander-reveals-almost-ps50000-handed-beauty-scammers-2025
Financial IT
Banco Industrial-Backed Zigi Sets A New Standard In Banking Innovation With Thought Machine Technology

Zigi, the digital innovation arm of Banco Industrial, is setting a new standard for continuous transformation in modern banking, powered by Thought Machine’s next-generation core banking platform, Vault Core. Guided by a philosophy of experimentation, speed, and inclusion, Zigi operates as the bank’s engine for digital business creation—designing, testing, and scaling new financial products that expand access and drive sustainable growth.

Wednesday, December 10, 2025 - 12:54
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/news/banking/banco-industrial-backed-zigi-sets-new-standard-banking-innovation-thought-machine
Financial IT
Chubb Appoints Aaron Shead To Head Of Property, Overseas General Insurance

Chubb today announced that Aaron Shead has been appointed to Executive Vice President, Head of Property, for Chubb Overseas General Insurance (COG), the company's international general insurance operations, effective immediately.

In his new role, Aaron will oversee the growth and profitability of Chubb’s fire, terrorism, power, and energy portfolios, and serve as the business leader for Property Major Accounts.

Wednesday, December 10, 2025 - 12:51
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/news/people-moves/chubb-appoints-aaron-shead-head-property-overseas-general-insurance
Financial IT
Tuum Appoints Bhavna Rishi As Global Head Of Partnerships

Tuum, the next-generation core banking provider, is pleased to announce the appointment of Bhavna Rishi as Global Head of Partnerships. With nearly two decades of experience driving fintech collaboration and commercial growth across Europe and the UK, Bhavna brings a strategic edge to Tuum’s evolving ecosystem and global expansion strategy.

Wednesday, December 10, 2025 - 12:49
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/news/people-moves/tuum-appoints-bhavna-rishi-global-head-partnerships
Financial IT
Empowering Women In Business: NatWest Exceeds Target, Lending £2.84Bn To Over 55,000 Female-Led Businesses

NatWest is proud to announce it has exceeded its ambitious target of lending £2bn to female-led businesses by the end of 2025, reaching an impressive £2.84bn across more than 55,900 loans – well ahead of schedule. This milestone underscores NatWest’s commitment to supporting women entrepreneurs across the UK.

Wednesday, December 10, 2025 - 12:44
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/news/lending/empowering-women-business-natwest-exceeds-target-lending-ps284bn-over-55000-female-led
Financial IT
FCA Launches Firm Checker To Fight Financial Crime

To help fight this financial crime, the FCA has launched Firm Checker, a tool to help consumers avoid scams. By using the tool and checking if a firm is authorised and has the correct permissions to provide services, people can significantly reduce their chances of falling victim to fraud.

Wednesday, December 10, 2025 - 12:42
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Financial IT
Smart Money App Plum Granted EMI Licence
Smart money app Plum has been authorised as an EMI (Electronic Money Institution) by the UK regulator, the Financial Conduct Authority.
 
The AEMI license will allow Plum to hold and distribute electronically stored funds as well as offer a full suite of financial services. This includes transferring funds, direct debit card payments, and sending money domestically without the need for a partnership with a third party. 
 
Wednesday, December 10, 2025 - 11:05
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/news/digital-banking/smart-money-app-plum-granted-emi-licence
Financial IT
10x Banking Partners With Audax To Accelerate Digital Banking Modernization Across APAC, Europe, And Middle East

10x Banking, the cloud-native core banking platform, has partnered with audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider supported by Standard Chartered, to transform how banks in Asia Pacific, Europe and the Middle East scale new digital offerings and modernize their core banking services.

Wednesday, December 10, 2025 - 09:55
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/news/banking/10x-banking-partners-audax-accelerate-digital-banking-modernization-across-apac-europe
Financial IT
Mastercard Outlines Six Payment Trends Set To Define 2026

Mastercard has identified six major trends that will shape the way people and businesses pay in 2026, as digital payments evolve from simply being faster to becoming smarter, safer and more deeply embedded in everyday life.

Drawn from Mastercard’s global insights, the trends highlight how advances in artificial intelligence, digital identity, real-time payments and new payment rails are transforming money movement, building trust and opening fresh opportunities for innovation across markets worldwide.

Wednesday, December 10, 2025 - 09:51
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/news/payments/mastercard-outlines-six-payment-trends-set-define-2026
Financial IT

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