FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Oct 03, 2024 FinTech News

AI Adoption Doubles in UK Banking Sector

AI adoption in the UK banking sector has doubled in the last year, with 63% of firms now investing in…

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Oct 03, 2024 FinTech News

MoneyGram “Shocked” by UK Post Office’s Decision to End Partnership

MoneyGram expresses shock over the UK Post Office's decision to end their 25-year relationship after a cyber incident disrupted operations

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Oct 03, 2024 FinTech News

Starling Bank Fined £29M for Serious AML Failures

Starling Bank fined £29M by the FCA for "shockingly lax" AML screening and breaching requirements to avoid opening accounts for…

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Oct 01, 2024 FinTech News

Mastercard Partners with Amazon Payment Services to Boost Digital Payments in MEA

Mastercard and Amazon Payment Services enter a multi-year partnership to enhance digital payments across the Middle East and Africa, improving…

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Oct 01, 2024 FinTech News

ANZ Joins MAS-Led Asset Tokenization Project

ANZ joins MAS's Project Guardian to explore asset tokenization and blockchain interoperability alongside Chainlink Labs and ADDX, aiming to simplify…

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Oct 01, 2024 FinTech News

Wells Fargo and Fiserv to End Merchant Acquiring Joint Venture in 2025

Wells Fargo and Fiserv will end their merchant acquiring joint venture in April 2025, with Fiserv expecting an impairment charge.…

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Oct 01, 2024 FinTech News

FCA and BoE Launch Digital Securities Sandbox to Promote Innovation

The FCA and BoE have launched a Digital Securities Sandbox to promote innovation in digital assets and explore the integration…

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Oct 01, 2024 FinTech News

Man Pleads Guilty to Illegally Operating Crypto ATM Network in UK

A London man has pleaded guilty to operating an illegal crypto ATM network, handling £2.6 million in transactions without FCA…

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Oct 01, 2024 FinTech News

Valu Partners with ShipBlu and PayTabs Egypt to Revolutionize eCommerce Payments

Valu teams up with ShipBlu and PayTabs Egypt to offer Payment-on-Delivery for eCommerce orders, promoting cashless transactions

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Sep 30, 2024 FinTech News

Latvian Investment Platform Mintos Secures €2M in Debt Funding for European Growth

Mintos raises €2M from FlyCap to expand across Europe and enhance its multi-asset investment platform’s user base.

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