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May 21, 2025 – FinTech News

UK Retailers Back BNPL Alternative from Charity-Owned Lender Fair for You

A new buy now, pay later (BNPL) alternative is gaining traction in the UK as major retailers back a prepaid…

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May 21, 2025 – FinTech News

JPMorgan Chase U-turn: Clients Now Allowed to Buy Bitcoin

JPMorgan Chase will now allow its clients to buy bitcoin, marking a notable reversal by CEO Jamie Dimon, who has…

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May 21, 2025 – FinTech News

UBS Deploys AI Avatars of Analysts to Scale Client Video Content

Swiss banking giant UBS has begun rolling out AI-generated video avatars of its analysts in an ambitious move to scale…

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May 21, 2025 – FinTech News

UK Government Seeks Open Banking Partner for Universal Credit Rollout

The UK government has launched a procurement process to secure an open banking technology supplier to support its Universal Credit…

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May 21, 2025 – FinTech News

UK Court Approves £200M Mastercard Settlement, Paving Way for Consumer Payouts

The UK’s Competition Appeal Tribunal has officially approved Mastercard’s £200 million settlement in a long-running class action lawsuit that could…

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May 20, 2025 – FinTech News

Nationwide Mobile Outage in Spain Sparks Concerns Over Digital Payment Reliance

Spain has suffered a major mobile network outage, disrupting connectivity across the country and exposing the vulnerabilities of relying solely…

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May 20, 2025 – FinTech News

JPMorgan Launches AI-Powered Account Confidence Score to Combat Payment Fraud

JPMorgan Payments has introduced an AI-driven Account Confidence Score (ACS) to help corporate treasurers assess fraud risks before processing payments.…

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May 20, 2025 – FinTech News

Klarna on Track to Hit $1 Million in Revenue per Employee Thanks to AI Push

Klarna is closing in on a major milestone—$1 million in revenue per employee—as the buy now, pay later (BNPL) firm…

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May 19, 2025 – FinTech News

Revolut to Invest €1 Billion in France and Seek French Banking Licence

Revolut has announced plans to invest over €1 billion in France over the next three years as it prepares to…

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May 19, 2025 – FinTech News

Sweden’s Central Bank Pushes Back on Cashless Trend with Pro-Cash Reforms

In a surprising reversal of Sweden’s long-standing move toward a cashless society, the country’s central bank has issued strong support…

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