UK Businesses Are Increasingly Being Targeted by AI related Fraud, New Report Reveals

New insights from Experian reveal that more than a third (35%) of UK businesses reported being targeted by AI-related fraud in the first quarter of 2025, compared to just 23% last year. The sharp rise is being driven by the “use of deepfakes, identity theft, voice… Read More

Worktech DailyPay Completes Asset-Backed Securitization, Aims to Break Paycheck-To-Paycheck Cycle for Workers

DailyPay, a provider of On-Demand Pay as well as financial wellness solutions, announced a $200 million asset-backed securitization (ABS) of its On-Demand Pay receivables. This transaction, backed by some of the world’s financial institutions, establishes “a new asset class and extends DailyPay’s capacity to partner… Read More

Mastercard Introduces Start Path Program to Enable Digital Security Innovation

Mastercard Start Path is offering a new Security Solutions program designed to support startups that are developing technologies in “cybersecurity, fraud mitigation, digital identity, and payment resiliency.” OneID, Scamnetic, Spec, VanishID, and Shield-IoT are “the first startups to participate following a global application and vetting… Read More

Younger, Tech-Forward Investors Thrive as Market Pessimism Increases : Betterment Analysis

Betterment, which claims to be one of the largest independent digital financial advisors, released its Retail Investor Survey examining how investors are navigating a financial landscape “marked by inflation concerns, political uncertainty, and market volatility.” Betterment’s Retail Investor Survey “surveyed 1,200 investors across four generations… Read More

Qonto Files for Banking Licence

Qonto has filed for a banking license, according to a public statement. Qonto, a Fintech that is already serving more than 600,000 SMEs and freelancers in eight different countries including France, Germany, Italy, Spain, the Netherlands, Belgium, Portugal, and Austria. Qonto is currently operating under… Read More

Switzerland’s PostFinance to Slash Rates for International Payments to Seven Countries

From 1 August 2025, PostFinance is permanently reducing the prices for transfers in pounds sterling to the United Kingdom to a fixed fee of 9 francs, and for euro transfers to Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia to 7 francs. In doing so, PostFinance is… Read More

SIX Finalizes Acquisition of Aquis to Expand European Exchange Business

SIX has reportedly completed its acquisition of Aquis, creating a pan-European exchange innovator with an aggregated 15% market share and access to 16 capital markets across Europe. By combining Aquis’ technology with the multi-asset class services of SIX, the transaction strengthens “the position of SIX… Read More

Fintech Stripe Launches New Products to Enable Growth for Businesses in Germany

Stripe is showing off new products that aim to accelerate its growth and the growth of German businesses. The announcements were made at Stripe Tour Berlin, the company’s gathering of business professionals in Germany. New products and features in Germany include: Access to growth capital… Read More

UAE Digital Spending Surge Expected in Coming Months : Checkout.com

As the UAE gears up for another season of Dubai Summer Surprises (DSS), new data from Checkout.com reveals a sharp increase in digital spending during last year’s campaign, with signals pointing to even greater momentum this summer. The number of daily digital transactions in the… Read More

Santander to Acquire UK’s TSB from Sabadell for £2.65B

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of “£2.65 billion (approximately €3.1 billion) in an all-cash transaction.” TSB is said to be a well-established UK retail… Read More

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