Youverse has been named a finalist for the 2025 Finovate Awards in the Best ID Management/KYC Solution category. This recognition highlights Youverse’s pioneering work in transforming digital identity verification with decentralized biometric identity solutions.

SmartSearch, the UK’s lea

ClearBank, the enabler of real-time clearing and embedded banking, has today announced its partnership with PingPong, the leading provider of embedded cross-border payment solutions for enterprises, financial institutions, and SaaS companies. Through this collaboration, PingPong will leverage ClearBank’s local agency banking solution to enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of Payee (CoP) fun

Chetwood Bank has announced Mark Foulsham will join its Board as non-executive director.

Mark brings more than 30 years of experience in information technology (IT), operations and third-party procurement to the role.

40% of Brits who have been victims of frauds or scams in the last year haven’t been able to recover the money lost as a result, highlighting the urgent need for fraud-resistant payment methods, a new survey has revealed. 

Lemonade, the digital insurance company powered by AI and social impact, today announced the expansion of its Homeowners insurance offering in the UK with the launch of a buildings-only product. This marks a continued growth of Lemonade’s presence in the UK insurance market.

PensionBee, a leader in the consumer retirement market, has launched a national petition urging the government to introduce a legally enforceable 10-day pension switch guarantee, as frustration mounts over the glacial pace of pension switches.

Crypto ETNs that retail consumers can access must be traded on an FCA-approved, UK-based investment exchange (a Recognised Investment Exchange or RIE). Financial promotion rules will apply so consumers get the right information and aren’t offered inappropriate incentives to invest.  

David Geale, executive director of payments and digital finance at the FCA, said:

Bitget, the leading cryptocurrency exchange and Web3 company, announced a strategic institutional partnership with Fibonacci Capital, a high-frequency trading (HFT) firm and market maker known for its data-driven liquidity strategies and advanced analytics platform. The collaboration reinforces Bitget’s commitment to enhancing institutional-grade infrastructure, boosting token market efficiency, and supporting sustainable growth for listed projects.

European fintechs, banks, insurers, and other financial institutions face growing operational strain as compliance demands and regulation intensifies, according to new research from global verification leader Sumsub. Compliance fatigue is now an industry-wide concern.