Top Stories

Circle launches in Brazil to catalyze digital dollar access

Global FinTech partnering with Brazilian fintech leaders to enable low-cost and streamlined access to USDC. Circle, a global FinTech and issuer of the leading regulated stablecoin USDC, has announced its official launch in Brazil. This strategic expansion...

Magnati and ADNOC Distribution partner to deliver enhanced payment experience

Magnati, a leading payments solutions provider in the Middle East region, has partnered with ADNOC Distribution, one of the UAE’s largest fuel and convenience store retailers, to introduce consumers to the future of retail with an enhanced experience....

HSBC partners with Geidea to launch Omni Collect e-commerce payment solution in the UAE

HSBC has announced the launch of its new e-commerce digital payment platform Omni Collect in the UAE in partnership with leading Saudi-based fintech player, Geidea. Available to corporate customers via HSBCnet, Omni Collect is designed to simplify and...

The Middle East is the fastest growing real-time payments market globally for the second consecutive year

For the second consecutive year, the Middle East is the fastest-growing real-time payments market globally, according to the 2024 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software,...

Stolen credentials the leading cause of cyberbreaches in 2023 

Stolen credentials through phishing attacks were the most common cause of cyberbreaches among UK businesses last year, a new study has revealed.  Cybersecurity firm IDEE commissioned an independent survey of more than 500 IT and cybersecurity...

The cost of Internet failures to UK businesses 

UK businesses lost over 50 million hours and £3.7 billion due to Internet failures in 2023, according to a new report from Beaming, a specialist business ISP. Reliance on connectivity for trading and operational activities has increased among businesses in ...

Matalan launches groundbreaking GenAI tool to drive online sales in UK first 

Kin + Carta has created a Generative AI and Large Language Model (LLM) tool for UK retailer Matalan, which allows it to create detailed product descriptions for new items as they are added to its online inventory.  Developed and delivered in only three...

The race for ‘FinTech’ status: Tech jobs up +88% in London’s banking sector 

Technology-based job vacancies within London’s financial services space are up in the capital by +88% in 2024 compared to 2023’s monthly average as the race between traditional banks and FinTech rages on.   According to an upcoming Hiring Trends Rep...

Over half of employees feel embarrassed about their financial literacy, survey reveals 

More than half of UK employees (51%) are embarrassed about their level of financial literacy, according to a new survey by leading employee benefits and engagement partner, Pluxee UK.  In the midst of rising living costs, the current UK workplace has...

NFC technology driving shift from contactless card to device first approach – ABI Research 

NFC Forum has announced the publication of its bi-annual Near Field Communication (NFC) Usage and Adoption Study. The study, conducted by ABI Research highlights the accelerating migration from physical to digital wallets, with more than 80% of those...

HSBC achieves a 15% uplift in monthly card spend using FICO’s AI-powered optimisation

At FICO World, a leading analytic and AI event, FICO announced that HSBC, one of the world’s largest banking and financial services organisations, has used AI-powered mathematical optimisation technology to grow its credit card portfolio. The project saw a 1...

XION pioneers user-friendly Blockchain solutions with latest chain abstraction release 

XION, a Blockchain purpose-built for mainstream adoption, has launched its user-friendly Chain Abstraction solution. XION’s Chain Abstraction combines XION’s ease-of-use with seamless composability of users, apps and liquidity across connected...