Santander Reveals Almost £50,000 Handed To Beauty Scammers In 2025
- 1 month 5 days ago
- Cybersecurity
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.
Banco Industrial-Backed Zigi Sets A New Standard In Banking Innovation With Thought Machine Technology
- 1 month 5 days ago
- Banking
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.
Chubb Appoints Aaron Shead To Head Of Property, Overseas General Insurance
- 1 month 5 days ago
- People Moves
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.
Tuum Appoints Bhavna Rishi As Global Head Of Partnerships
- 1 month 5 days ago
- People Moves
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.
Empowering Women In Business: NatWest Exceeds Target, Lending £2.84Bn To Over 55,000 Female-Led Businesses
- 1 month 5 days ago
- Lending
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.
FCA Launches Firm Checker To Fight Financial Crime
- 1 month 5 days ago
- RegTech
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.
Smart Money App Plum Granted EMI Licence
- 1 month 5 days ago
- Digital banking
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.
10x Banking Partners With Audax To Accelerate Digital Banking Modernization Across APAC, Europe, And Middle East
- 1 month 5 days ago
- Banking
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.
Mastercard And McLaren Formula 1 Team Invite Fans To Be Part Of The Action At Abu Dhabi Grand Prix
- 1 month 5 days ago
- Infrastructure
Mastercard is bringing extra excitement to the Formula 1 Abu Dhabi Grand Prix 2025 with the launch of its first-ever Mastercard Fan Garage. Created as part of Mastercard’s partnership with the McLaren Formula 1 Team, the interactive space is designed to bring fans closer to the sport they love.
Payfuture Expands Into South Africa, Enabling Global Businesses To Enter Africa’s Leading Digital Economy
- 1 month 5 days ago
- Payments
Payfuture, an enterprise payments partner for high-growth international businesses, has launched its operations in South Africa, creating new opportunities to engage with one of Africa’s most mature and fast-growing digital economies.
Mastercard Outlines Six Payment Trends Set To Define 2026
- 1 month 5 days ago
- Payments
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...
Tide Appoints Dan McNally To Lead Global Expansion Of Tide Insurance Services
- 1 month 5 days ago
- People Moves
Tide, the leading business management platform, has appointed Dan McNally as SVP and CEO of Tide Insurance Services, to lead its growing global insurance business and drive the next phase of Tide’s expansion into business protection for small and medium-sized businesses (SMBs). The appointment is subject to FCA approval.
Merchants Entrust SumUp's Business Account With Over €1 Billion In Deposits
- 1 month 5 days ago
- Banking
Global financial technology company SumUp today announced its merchant business account ecosystem has achieved two major milestones: surpassing €1 billion in customer deposits and growing to 1.5 million active Business Account users globally. The rapid adoption comes as SumUp rolls out a suite of new features, including cash deposits and local IBANs, deepening its role as the primary financial partner for Europe's small businesses.
Swiipr Partners With Google To Launch World’s First Instantly Provisioned Digital Compensation Card
- 1 month 5 days ago
- Payments
Swiipr, a leading global paytech that is digitally transforming airline disruption payments, has partnered with Google to launch the aviation industry’s first instantly provisioned digital compensation card, eliminating the need for passengers to download an app to receive funds.
Accountants Predict Business Growth In 2026, But Warn Banks Are Failing To Keep Up
- 1 month 5 days ago
- Banking
A new survey by Allica Bank of 199 of its accountant partners reveals they have confidence in business growth over the next 12 months. 83% of accountants believe their SME clients will achieve some level of growth over 2026, according to the survey, with 13% expecting high growth. Just 6% predict no growth at all, signalling that established businesses remain resilient and ambitious despite a challenging economic backdrop.
