UK’s Funding Circle Scraps Forex Fees, Offering SMBs a Global Credit Alternative

Funding Circle (LSE: FCH), an SME finance platform, has removed foreign transaction fees across its business card portfolio, including the FlexiPay card and its Cashback Business Credit Card. This is expected to challenge the current UK market status quo, where SMEs have been forced to… Read More

Google and Blackhawk Network to Launch Gift Card Mall in Google Play

Blackhawk Network (BHN), a global branded payment solutions provider, announced it will partner with Google Play to launch a gift card mall in the Play Store. By combining BHN’s digital gifting portfolio and digital technology with the reach of Google Play, a digital content store,… Read More

PayOS Completes Agentic Payment Transaction using Mastercard Agentic Token

PayOS, an agentic payments and value added services platform company,  announced the completion of an agentic payment transaction using a Mastercard Agentic Token. This historic transaction was executed “leveraging Mastercard Agent Pay, which builds upon tokenization capabilities that power global commerce solutions like mobile contactless… Read More

Swift and Chainlink Aim to Unlock Next Evolution of Global Finance

As a key moment for the global financial system and blockchain industry alike, Swift announced it is launching a new blockchain-based ledger. Chainlink acknowledges the wok of their partner Swift and the broader Swift community on “adopting blockchains and oracle networks as a key next… Read More

Revolut Remains Worst UK Company for Fraud Complaints Claims Which?

Digital bank Revolut has reportedly recorded the highest number of fraud and scam complaints that had been referred to the Financial Ombudsman Service (FOS). Data reviewed by Which? found that fraudulent activity complaints from clients of the digital banking service provider had outnumbered all other… Read More

Chainlink Enables Tokenized Fund Workflows with Swift Messaging in Collaboration with UBS

Chainlink announced a technical solution enabling financial institutions worldwide to manage digital asset workflows from their systems “using Swift messaging and the Chainlink Runtime Environment (CRE).” With Swift messages and CRE, banks and institutions can “access blockchains through the same Swift infrastructure they have relied… Read More

European Digital Bank N26 Introduces Banking Platform in France

N26 has announced the launch of its PEA (Share Savings Account), with no brokerage fees, to allow French people to “save and invest for the future while benefiting from tax treatment.” With its PEA offering, N26 allows French people “to invest in the largest European… Read More

Blockchain and Web3 focused Consensys to Support Swift with Early-Stage Prototyping

Consensys shared that it is supporting Swift with early-stage prototyping as the global financial infrastructure adds a blockchain-based digital ledger to its technology stack. Swift’s move is a pivotal one for global finance, “beginning with instant, always-on cross-border payments at unprecedented scale.” For more than a… Read More

Deutsche Börse Group and Circle to Support Stablecoin Adoption in Europe

Deutsche Börse Group and Circle Internet Group, Inc. (NYSE: CRCL)  signed a Memorandum of Understanding (MoU) to collaborate on the use of Circle’s EURC and USDC stablecoins “within Deutsche Börse’s financial market infrastructure.” This agreement in Europe aims to deliver new solutions for market participants… Read More

ABN AMRO Leverages Mambu to Support Neobanking Platform BUUT

Mambu, the SaaS cloud banking platform, announced today its successful collaboration with ABN AMRO to support BUUT, a bank designed to help younger consumers better manage their money/finances. The neobank was brought to market in 12 months. BUUT is a full-service bank that offers a… Read More

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