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.
The British fintech company Cardstream has announced the start of cooperation with Mastercard.
OakNorth wants to embed custom-built GPT tools powered by OpenAI into the core of its digital banking platform that serves over 215,000 customers.
Revolut mobile plans stand out with their unlimited calls, texts and data offering complemented with an attractive roaming proposition.
Google Wallet expands its functionality with ID passes for the UK market, and mobile IDs spreading to more U.S. states.
British regulators have come up with a draft legislation to bring some clarity and customer protection to the UK crypto sector.
UK businesses illustrate robust confidence levels with growth driven by optimistic retail firms.
A study by Monzo revealed that half of UK renters either lacked contents insurance or were unaware of its existence altogether.
A unique use case for accounting software was delivered by FreeAgent that enabled a UK small business to submit the world’s first tax filing from space.
In line with global trends, the structure of the UK capital markets is changing, while around 17,000 local companies strive to access the capital they lack to scale up operations.
The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]
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