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SumUp taps Form3 for access to UK Faster Payments, appoints CPO

UK-based paytech company SumUp has partnered with cloud-based payments platform Form3 to gain direct access to the UK Faster Payments Scheme (FPS) and Bacs...

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,...

The Law Commission of England and Wales publishes recommendations for digital asset law reforms

The Law Commission of England and Wales has published recommendations for the reform of digital asset laws, aiming to establish a clear and consistent...

Moneycorp appoints Velizar Tarashev as new CEO

Moneycorp, a UK-based cross-border payments firm, has appointed Velizar Tarashev as its new CEO. Tarashev, who previously served as the company's CFO, will replace...

Former Goldman Sachs partner joins Clowd9 as CFO

Former Goldman Sachs partner Christian Channell has joined Clowd9 as its Chief Financial Officer (CFO). Channell's extensive experience in financial planning and operations, as...

CaixaBank launches FXWallets service for international payments

Spain's CaixaBank has launched FXWallets, a virtual account service that enables companies to send and receive international payments in over 50 currency pairs. It...

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