02 Sep 24 @ 09:04

Some of the world’s leading finance and tech firms have come together to form a new industry coalition in the UK to fight economic crime through digital verification, the Centre... read more

19 Aug 24 @ 13:34

As instant payments proliferate world-wide, a new white paper from global payment technology experts RS2 cautions banks to get smarter about optimising their foreign exchange (ForEx) strategies. Data from Capital... read more

19 Aug 24 @ 13:18

Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. Reeves’ call comes as the Treasury raises concerns about a... read more

14 Aug 24 @ 08:49

A lot has been happening in the realm of Buy Now Pay Later (BNPL) and depending who you ask, latest developments are either surefire affirmation that the shopping phenomenon is... read more

31 Jul 24 @ 11:32

As the global financial landscape evolves, the Bank of England (BoE) has released a discussion paper outlining its approach to innovation in money and payments. This comprehensive strategy emphasizes the... read more

30 Apr 24 @ 18:08

Cash is here to stay, with nearly 6-in-10 businesses (57%) expecting to never be entirely cashless despite the widespread adoption of electronic, card and mobile payments. According to The Cash... read more

15 Apr 24 @ 17:03

Jamie Smith, commenting on Vitalik Buterin’s “proof of personhood” discussions (which serve to highlight the central importance of digital identity in the new economy), notes that innovation is “so often... read more

10 Apr 24 @ 16:08

In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more

27 Feb 24 @ 16:11

American Express is set to launch a BNPL product dubbed ‘Plan It’ for the UK market. Plan It, as per other BNPL products, allows credit cardholders to pay off purchases, or... read more

07 Feb 24 @ 18:28

An increasing number of UK consumers are using buy now pay later (BNPL) services despite the government being unlikely to introduce planned regulation to the sector. Such legislation would give... read more

01 Feb 24 @ 18:21

Open Banking could save businesses time and money, while streamlining your operations – on average it can save 150 hours of operational time each year. That’s according to new Payit... read more

30 Nov 23 @ 14:41

Robinhood, the online investments app, has announced it ready to attempt a second launch of its platform in the UK. The company is taking on waiting list clients and will... read more

07 Nov 23 @ 10:00

The Bank of England (BoE) and Financial Conduct Authority (FCA) have set out proposals that aims to bring stablecoins as a payment option for goods and services in the real... read more

24 Oct 23 @ 08:35

Adyen has announced that its UK branch has been granted authorisation as a UK bank. This is granted by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA)... read more

16 Oct 23 @ 17:17

Around the world we’ve experienced rapidly changing dynamics over the last few years. There’s been large-scale transformation to the workforce and global supply chains, along with the emergence of new... read more

06 Oct 23 @ 11:49

Consumers have filed a class-action lawsuit against Venmo and PayPal, alleging it enacts illegally anticompetitive policies through its anti-steering rules that ultimately lead to millions of consumers paying excess charges annually,... read more

02 Oct 23 @ 15:53

Its never a good look for a company hoping to be granted a UK banking licence to be hauled up by two of the most prominent regulatory bodies for separate... read more

26 Sep 23 @ 15:35

While corporations and governments tout the advantages of digital ID to simplify access to digital services, consumer concerns about privacy and control of data are surging. Self-sovereign ID (SSI) –... read more

07 Sep 23 @ 16:52

This article, originally published by B&B, intends to summarise the latest UK payments regulatory developments with regard to recent updates; the Future Regulatory Framework Review, the Financial Services Future Regulatory... read more

07 Sep 23 @ 09:14

Adyen has announced that its UK branch has been granted authorisation as a UK bank. This is granted by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA)... read more