Europe

Zilch expands securitisation to £150m with investment from major global credit ...

Zilch, the FinTech payments innovator of the world’s first ad-subsidised payments network (ASPN), has announced the successful expansion of its securitisation facility by an additional £50 million, bringing the total to £1...

The potential of digital gilts through data analytics 

The Chancellor’s Mansion House pledge to trial a ‘digital gilt’ within two years sets the stage for UK financial services to lead on new digital asset classes. In this article, Christopher Hinitt, PA Consulting’s Digital Banking...

Fabrick and Terrapay partner to innovate cross-border payments in Europe

Fabrick, an Open Finance operating company is expanding its geographical footprint by partnering with TerraPay, a company simplifying global money movement.   Initially focused on the Italian market, this...

APP Fraud: Businesses must focus on automating to prevent problems at source 

This article by Joey Glazer, Director of AP automation at Quadient, underscores the need for UK businesses to adopt automation and AI to proactively combat APP fraud. While the new reimbursement policy aids victims,...

Federal State of Saxony-Anhalt issues inaugural digital commercial paper

In a landmark transaction, the Federal State of Saxony-Anhalt has this week issued a €50 million digital commercial paper in the form of dematerialised electronic securities in accordance with the German Electronic S...

How the EU AI Act will impact financial institutions

The EU AI Act, which came into force on 1 August 2024, is a significant legislative development for financial institutions (FIs). With provisions starting to apply over a period of six to 36 months, most of the Act’s r...

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