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Sep 26, 2024 – FinTech News

FCA Proposes Stricter Rules to Shield Customers from Payment Firm Failures

The UK's Financial Conduct Authority (FCA) is stepping up efforts to safeguard customers in the growing payments sector, introducing new…

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Sep 25, 2024 – FinTech News

Sygnum Secures Crypto License in Liechtenstein

Sygnum, a leading digital asset bank, has successfully obtained a crypto license in Liechtenstein. This regulatory approval allows Sygnum to…

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Sep 25, 2024 – FinTech News

UK Payments Association Calls for National Payments Strategy

The UK Payments Association has called for the establishment of a National Payments Plan to streamline payment systems and enhance…

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Sep 25, 2024 – FinTech News

UK Consumers Embrace Digital Banking as Physical Branches Decline

A recent study reveals that UK consumers are increasingly favoring digital banking services over traditional physical branches. This shift highlights…

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Sep 25, 2024 – FinTech News

Mastercard Enhances AI Technology to Combat Payment Scams

Mastercard has upgraded its AI solution to better detect and prevent real-time payment scams. The enhanced technology aims to protect…

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Sep 25, 2024 – FinTech News

Cybersecurity Breach Forces MoneyGram to Halt Operations

MoneyGram faced significant disruptions due to a cybersecurity incident, leading to a temporary halt in its operations. The company is…

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Sep 25, 2024 – FinTech News

HSBC Urges Tech Giants to Collaborate in Combating APP Fraud

HSBC has called on major technology companies to assist in reimbursing victims of Authorised Push Payment (APP) fraud. This request…

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Sep 25, 2024 – FinTech News

Santander Mobile App Faces Three-Hour Outage, Disrupting Customers

Santander UK's mobile app suffered a three-hour outage on Monday morning, affecting thousands of customers who couldn't access their accounts.…

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Sep 25, 2024 – FinTech News

UK Consumers Turn Away from Branch Banking Amid Digital Shift

UK consumers are increasingly moving away from traditional branch banking in favor of digital services. Factors like convenience, technology adoption,…

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Sep 23, 2024 – FinTech News

Wise Introduces Innovative Invoicing Tool Tailored for SMEs

Wise has launched a new invoicing tool designed specifically for small and medium-sized enterprises (SMEs). This tool aims to simplify…

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