Business

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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Illuminate Financial: Announces Strategic Partnership with SGX Group

Illuminate Financial: Announces Strategic Partnership with SGX GroupIlluminate Financial, the specialist venture capital investor dedicated to early-stage FinTech and enterprise software companies Announced...

FinTech Australia: Appoints Rachel Hopping as its first Head of Strategic Partnerships

FinTech Australia: Appoints Rachel Hopping as its first Head of Strategic PartnershipsFinTech Australia has appointed Rachel Hopping as its first Head of Strategic...

SABB: Partners with Visa’s Cybersource for its eCommerce Acquiring Business

SABB: Partners with Visa’s Cybersource for its eCommerce Acquiring BusinessSABB has announced a strategic partnership with Visa’s Cybersource payment gateway and risk platform ...

Paytrix: Recruits David Sola as CFO in Drive to Simplify Global Payments

Paytrix: Recruits David Sola as CFO in Drive to Simplify Global PaymentsPaytrix, the London-headquartered fintech that simplifies global payments for high-growth businesses Announces...

Klarna: Launches platform to connect British creators and retailers

Klarna: Launches platform to connect British creators and retailersKlarna has been on a mission to revolutionize the retail banking industry. With over 150...

Mollie: Data reveals strong Black Friday & Cyber Week sales performance

Mollie: Data reveals strong Black Friday & Cyber Week sales performanceMollie, a finance industry pioneer and one of Europe’s fastest-growing fintech Revealed insights...

BVNK: Acquires EMI licence

BVNK: Acquires EMI licenceBVNK, London-based crypto-powered payments and banking platform for businesses Secured a UK Electronic Money Institution license through the acquisition of...

Payset: Selects Thought Machine to bring next-generation financial services to UK

Payset: Selects Thought Machine to bring next-generation financial services to UKPayset is an elite payments solution that provides multi-currency accounts, prepaid cards, and...

ClearBank: Reaches profitability as revenue climbs to over £45m

ClearBank: Reaches profitability as revenue climbs to over £45mClearBank Ltd., is the enabler of secure accounts, real-time clearing, and Embedded Banking for financial...
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