FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
FIS has reached a definitive agreement with private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire...
Britcoin privacy preserved as Bank of England taps Nuggets for identity layer
The Bank of England is collaborating with Nuggets, a decentralised identity and payment platform, to design a privacy-preserving identity layer for a potential digital...
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Mastercard has launched an AI-powered Consumer Fraud Risk solution in the UK, with nine banks, including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo,...
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Indonesia's largest digital banking platform, Allo Bank, has partnered with Tencent Cloud to enhance its digital banking services. Through the partnership, Allo Bank will...
Honouring the innovators: PayTech Awards 2023 winners revealed
The PayTech Awards 2023 recognized outstanding achievements in the payment technology sector, with a total of 37 winners and 27 highly commended entries across...
Wise to offer its infrastructure to help fintechs issue accounts and cards
Wise, through its infrastructure offering Wise Platform, has launched new features to assist fintechs in issuing multi-currency accounts and digital debit cards. The initial...
UK signs financial services cooperation agreement with EU
The UK and EU have signed a financial services cooperation agreement to establish a constructive and mutually beneficial relationship in the financial sector.
FactsUK...
Capital Union Bank taps Avaloq for new online banking platform
Bahamas-based Capital Union Bank has chosen Avaloq's Web Banking solution to power its new online banking platform. The bank aims to provide enhanced control...
Orange in exclusive negotiations with BNP Paribas as it looks to exit retail banking market
French telecommunications giant Orange Group is in exclusive negotiations with BNP Paribas to transfer its Orange Bank customers and exit the retail banking market....
