As the UK’s smart data ecosystem expands from open banking to open finance and broader cross-sector data sharing, managing risk in real time has become a critical priority. Invela’s new white paper explores how to strengthen defences against the rising risks tied to third-party providers.
As industry leaders gathered for TransUnion’s UK Summit, three key challenges for financial services emerged: trust, financial exclusion, and fraud. Here are the main takeaways.
An increasing number of British consumers say contactless is their favourite way to pay in-store, though cash use in stores has also grown by over 20% in two years, reports Takepayments.
Powered by Sage technology, Monzo Making Tax Digital in-built tax filing tool will enable sole traders and landlords to file taxes directly to HMRC from their Monzo Business bank account, as HMRC’s new rules come into effect in April 2026.
A fresh research shows that UK citizens increasingly choose cashless payment alternatives, with debit cards remaining the most popular option, but mobile wallets use also rapidly growing.
Klarna customers using Apple Pay in the US and UK will now be able to purchase items at flexible terms in stores.
Adding a Pay by Bank account-to-account (A2A) payment option to the payment gateway empowers Revolut customers to seamlessly improve their conversion rates and significantly reduce chargeback hustle.
British BNPL scale-up, Bumper from Sheffield, is one of the fintechs which illustrate that targeting specific niche pain points (unexpected car repair bills) can be as successful as taking a generalized approach to financial services.
Lloyds is modernising legacy cash deposits so they work in a cash-lite, mobile-first world, making banking more embedded in everyday life with in-app barcode cash deposit scanning at PayPoint stores.
Freelancers and employees working in remote settings will benefit from the new real-time payment infrastructure brought by Thunes and Ontop.
By tapping directly into UK payment rails (Faster Payments, BACS, CHAPS) via ClearBank’s API integration, PingPong can settle transactions in near real time and offer lower fees and richer remittance data to its enterprise clients.
UK subsidiary of the innovative BNPL and fintech service provider, Klarna, has achieved a regulatory milestone, which paves the way for the introduction of cashbank and balance features later this year.
The EMEA banking sector displays a near-unanimous urge to change existing payments systems and solutions, setting aside $1,5 million average budgets for infrastructure modernisation.
Monzo customers may now have up to a minute to decide whether they want a transaction to proceed, thanks to the new payment reversal feature.
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
With the full integration of GoCardless within the Cloud Market Tools suite, MSP businesses can manage collections and reconciliations without leaving their routine billing system.
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