Global

April 2, 2025 @ 10:59 am By JD Alois  |  

Big UK banks and big tech have joined together to commit to battling the ongoing fraud challenge which is impacting the financial services sector. Amazon, Barclays, BT, Google, HSBC, Lloyds, Nationwide, NatWest, Match Group, Meta, Monzo, Santander, and Three joined in signing a statement to… Read More

April 2, 2025 @ 10:33 am By JD Alois  |  

Ayan Capital says it has raised £25 million in Shariah-compliant financing from institutional debt provider Partners for Growth (PFG). Ayan says the commitment reflects the rising demand for Islamic financial products in the UK. Ayan Capital already provides halal business car financing, serving private hire… Read More

April 2, 2025 @ 10:21 am By Omar Faridi  |  

Payhawk, the spend management platform, today announced the launch of “AI Office of the CFO,” a suite of AI agents that solve finance’s AI challenge: increasing finance teams’ productivity while “maintaining complete control over their operations.” With its platform managing companies’ transactions, policies, workflows, and… Read More

April 2, 2025 @ 8:38 am By Omar Faridi  |  

BitPay, a cryptocurrency payments platform and wallet provider, has officially launched its UK website and wallet app in compliance with the Financial Promotions Regime. The launch gives the UK crypto community access to a “range of consumer crypto solutions, solidifying BitPay’s commitment to a growing… Read More

April 2, 2025 @ 8:37 am By Omar Faridi  |  

The PwC Global Crypto Regulation Report 2025 offers a comprehensive analysis of the evolving regulatory environment for digital assets across more than 50 jurisdictions. The PwC research report underscores significant policy shifts and emerging trends, reflecting a global push to balance innovation with financial stability… Read More

April 2, 2025 @ 8:33 am By Omar Faridi  |  

Fireblocks, a digital asset security and infrastructure provider, has signed a Memorandum of Understanding (MoU) with Sumitomo Mitsui Banking Corporation (SMBC Group), one of Japan’s largest banks, alongside Ava Labs and TIS Inc. This collaboration aims to explore the potential of stablecoins for wholesale payments,… Read More

April 2, 2025 @ 6:32 am By Omar Faridi  |  

The National Wealth Fund (NWF) has announced a financial guarantee of up to £400 million to cover a series of new loans provided by NatWest Group to registered providers for the retrofit of social housing stock in the UK. The lending aims to help registered… Read More

April 1, 2025 @ 8:49 pm By Omar Faridi  |  

Revolut, the global fintech claiming 50 million+ customers, released its Consumer Security and Financial Crime Report, revealing the evolving tactics of fraudsters globally. The report highlights that criminals are increasingly “turning to encrypted messaging services to exploit victims, with the proportion of fraud originating on… Read More

April 1, 2025 @ 8:47 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has been making several key announcements in 2025, reinforcing its position as a global service provider in the blockchain and digital assets ecosystem. From appointing a new Chief Legal Officer to expanding its footprint across Europe and… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

April 1, 2025 @ 10:36 am By Omar Faridi  |  

The Clearstream partnership provides Neuberger Berman with the flexibility to adapt to market demands by enabling them to scale their services in response to interest in private market allocations shown by distributors across geographical markets. By leveraging Clearstream’s distribution, custody, and transaction services, Neuberger Berman… Read More

April 1, 2025 @ 9:44 am By JD Alois  |  

The British Business Bank has committed to an ENABLE Guarantee transaction of up to £100 million with Cynergy Bank PLC. The goal is to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses. Cynergy offers invoice based lending… Read More

April 1, 2025 @ 8:49 am By JD Alois  |  

After setting an increase in capital gains taxes designed to fill a budget hole, the UK government has adjusted its expectations for an increase in tax revenue, dropping the amount by a whopping £23 billion. Rates are changing, going from 10% to 18% for lower… Read More

April 1, 2025 @ 8:35 am By Omar Faridi  |  

Fintech firm SumUp has partnered with FreedomPay, a global enabler of commerce-focused technologies, to strengthen their offering for retail and hospitality merchants worldwide. The partnership will aim to deliver a robust payment system with offline capability as well as hardware flexibility and enterprise level infrastructural… Read More

April 1, 2025 @ 7:35 am By Omar Faridi  |  

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance requirements while unlocking revenue opportunities. This collab reportedly enables Backbase customers to “integrate open banking… Read More

March 31, 2025 @ 11:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha shares his thoughts on Bitcoin’s movements over the next few weeks. Bitcoin has rebounded to $87,400, its highest level in over two weeks—does this indicate a sustainable recovery, or are we still in a broader consolidation phase? From a… Read More

March 31, 2025 @ 9:32 pm By Omar Faridi  |  

As crypto adoption accelerates, Alchemy Pay says that it is committed to bridging the gap between traditional and digital finance. Their “success” in 2024 laid the groundwork for growth, and with increasing institutional interest in crypto-assets and evolving global regulations, 2025 “presents an even greater… Read More

March 31, 2025 @ 9:30 pm By Omar Faridi  |  

HYPR, an identity company, has released its State of Passwordless Identity Assurance Report, revealing an increasing misalignment between “real-world security risks and outdated authentication methods.” The research report highlights the growing risks associated with “outdated authentication methods and the rise of new generative AI-related attacks.”… Read More

March 31, 2025 @ 12:11 pm By Omar Faridi  |  

The Bitcoin and broader cryptocurrency market is experiencing a whirlwind of activity as we close out the first quarter of 2025. From institutional investments and regulatory shifts to innovative stablecoin developments, the past week alone has delivered updates that signal a maturing yet overly cautious … Read More