Retail Banking

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Revolut completes UK ‘Pay With Smile’ facial recognition payments pilot

27 Sep 26 @ 18:51

Revolut has completed a three-day UK pilot of its Pay with Smile facial recognition checkout, giving customers at selected London cafés the ability to make in-store payments simply by looking... read more

UK Banks back £50m push for payments infrastructure

21 Sep 26 @ 19:10

Britain’s payments overhaul is moving from policy to execution, with the new UK Payments Delivery Company launching an equity raise to finance the development of the country’s next-generation retail payments... read more

UK payments changes wins industry backing but delivery doubts persist

13 Sep 26 @ 19:33

Britain’s payments industry overwhelmingly supports the government’s attempt to modernise the country’s retail payment infrastructure, but confidence in its ability to deliver the transformation is considerably less certain. Research from... read more

Banking giants join forces to launch global stablecoin

02 Sep 26 @ 20:54

Twenty-one of the world’s largest financial institutions are preparing to establish a new stablecoin company, marking one of the banking industry’s most significant attempts yet to compete for a role... read more

FIS brings Digital One Commercial to APAC

10 Aug 26 @ 20:39

FIS has completed the global rollout of its Digital One™ Commercial platform with its launch across the Asia-Pacific region, providing banks with a unified digital banking platform designed to modernise... read more

Stripe and Advent make $53 Billion approach for PayPal

15 Jul 26 @ 16:28

Stripe and private equity group Advent International have reportedly submitted a joint $53 billion bid for PayPal, in a proposed transaction that could significantly reshape the digital payments market. The... read more

RS2 Financial Services GmbH selected to participate in ECB digital Euro pilot

15 Jul 26 @ 16:27

German-regulated e-money institution will contribute acquiring expertise to practical testing of a possible future digital euro RS2 Financial Services GmbH, an electronic money institution supervised by BaFin and part of... read more

UK BNPL regulation begins as FCA takes control

15 Jul 26 @ 16:24

BNPL providers in the UK, have entered a new regulatory era, with the Financial Conduct Authority assuming oversight of a market that expanded from £60 million in 2017 to more... read more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark competition ruling by Sweden’s Patent and Market... read more

Major UK banks lead global rollout of Swift’s consumer framework

06 Jul 26 @ 20:32

Barclays, HSBC, Lloyds Bank and NatWest are set to become among the first financial institutions globally to implement Swift‘s new consumer payments framework, marking an important milestone in the evolution... read more

Worldpay Outage Disrupts Card Payments During England Match

30 Jun 26 @ 07:06

A technology outage at Worldpay left thousands of UK consumers unable to make card payments on one of the busiest evenings of the summer, disrupting transactions at supermarkets, pubs and... read more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary digital verification service that could transform... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more