UK’s Metro Bank Supports Businesses in Tunbridge Wells with Local Business Manager

Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million. The loan is open to all businesses in England and Wales “with at least two years trading history.” Metro Bank also launched its 75% LTV commercial… Read More

Most UK Consumers Are Sticking With Physical Payments Cards, Zilch Survey Reveals

British shoppers refuse to be parted from physical payments cards, despite the popularity of digital services like Apple Pay and Google Pay, new figures from ad enabled payments company Zilch reveal. The research findings from a Zilch poll come as Zilch launches its “first physical… Read More

Feedzai IQ Defends Banking Platforms Against AI-Enabled Fraud with Privacy-Preserving Network Intelligence

Feedzai, the global firm focused on AI-native financial crime prevention, announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy. Leveraging insights from hundreds of FIs across four continents and “over $8 trillion in annual… Read More

Fintech Thunes Obtains Money Transmission Licenses to Operate in the US

Thunes, the so-called “Smart Superhighway” to move money around the world, announced it has secured the 50 licenses it requires to operate in the United States. This marks a milestone following its recent Series D funding round and reinforces Thunes’ commitment to “scale at pace… Read More

Australia’s CommBank Enables AI Integration with Data Migration to Cloud

In a bid to accelerate the integration of Artificial Intelligence (AI) across the bank, CommBank has completed migrating its data platform to Amazon Web Services (AWS), its cloud provider. The scalable data platform will integrate with other channels across the bank to help “drive faster,… Read More

Global Fintech Wise Posts Annual Results, Revenue Up 15%, Plans to Trade Shares on US Exchange

Wise (LSE:WISE), a leading UK-based Fintech, published annual results this week, showing a 23% increase in cross-border volume to £145.2 billion, driven by customer growth and greater adoption of the Wise account. Wise started as a platform for transferring money globally, aiming to be a… Read More

payabl. Introduces Virtual Business Cards to Enable Smarter Business Spending

European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending. Virtual cards are a digital alternative “to physical credit or debit cards, offering real-time issuance, customisable limits,… Read More

26 Degrees Selects QuantHouse for US Equities Coverage

Iress announced that 26 Degrees Global Markets, the multi-asset prime broker, has added the QuantHouse Cboe One Feed to its US equity data coverage, expanding its US trading capabilities and enhancing its offering for retail brokers seeking ‘out of hours’ access to US markets. The… Read More

ThetaRay and Spayce to Combat Financial Crime and Secure Payments with Cognitive AI

ThetaRay, a global firm focused on Cognitive AI financial crime compliance, and Spayce, a cross-border payments platform, announced a partnership to combat evolving financial threats and enhance global payment security. The announcement comes at a time “when the financial crime landscape is undergoing a transformation.”… Read More

TransactPay Teams Up with Griffin to Enhance its Client Proposition

TransactPay, a provider of UK & European BIN sponsorship and modular payment, debit, credit and prepaid services, has partnered with Griffin, the UK’s bank for fintechs and platforms. This partnership strengthens TransactPay’s banking infrastructure and enhances its “product offering for card programs in the UK.”… Read More

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