Bank of Ireland Invests £100 Million in Technology for Retail and SME Services
Enhancing Banking Experience with Speedier Payments and Sustainable Lending OptionsHighlights:Speedier Payments: The investment aims to provide faster payment processing for retail and SME...
Visa and DealMe Launch Cross-Border Card Installment Payments
Visa and fintech DealMe partner to offer flexible payment options for Vietnamese shoppers in South KoreaHighlights:Partnership: Visa and DealMe collaborate to introduce cross-border...
PayDo Releases Physical and Virtual Cards
PayDo, a UK and EMI-regulated fintech company, introduces versatile cards for secure online and in-store transactions.Highlights:Versatile Card Options: PayDo offers both physical and...
FCA and PSR Set Out Next Steps for Open Banking in the UK
The Financial Conduct Authority and Payment Systems Regulator outline plans to enhance open banking with new services and an independent operator.Highlights:New Services: Introduction...
HSBC Shuts Down Wise Competitor Zing
HSBC discontinues Zing, its currency conversion app, after a year, citing strategic realignment and cost-cutting measures.Highlights:Strategic Closure: HSBC shuts down Zing, its currency...
Sweden’s Open Payments Raises €3 Million in Latest Funding Round
Open Payments secures €3 million to advance B2B open banking solutions, led by Alfvén & DidriksonHighlights:Funding Round: Open Payments raised €3 million in...
Checkout.comTargets Full-Year Profitability in 2025 with 45% Revenue Growth
Payments processor aims for profitability in 2025 after a strong 2024 performance, with significant revenue growth and client expansion.Highlights:45% Year-on-Year Revenue Growth: Checkout.com...
FCA to Remove £100 Contactless Limit for Greater Flexibility
Regulatory Change Aims to Boost Economic Growth and Digital Payments
Highlights:Regulatory Change: The Financial Conduct Authority (FCA) plans to remove the £100 contactless payment...
Mangrove Capital Appoints Christopher Horne as CEO of The Bank of London
New Leadership to Drive Transformation and Growth
Highlights:New CEO Appointment: Christopher Horne, former CEO of Credit Suisse’s UK subsidiaries, has been appointed as the...
