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 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...

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 ...

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...

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...

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 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...

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, 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...

Eastnets, a global provider of financial crime and payment solutions for the financial services sector, has launched Instant Payments Access-as-a-Service (IPAaaS), designed to enable seamless access to Buna’s cross-border Instant Payment Service (IPS). Hosted o...

Comera Pay, the fintech subsidiary of Comera Financial Holding, headquartered in Abu Dhabi, UAE, has announced that it was granted an In-Principle Approval from the Central Bank of the UAE to operate under the Stored Value Facilities (SVF) and Retail Payment...

Bread Financial, a tech-forward financial services company that provides simple, personalised payment, lending and saving solutions, has announced it will offer installment loans through PayTomorrow, a financial technology company that provides a premier...