Europe

Spendesk partners with Adyen to accelerate SMB innovation with embedded payments and financial services

Adyen, a financial technology platform of choice for leading businesses, has announced its long-term strategic partnership with Spendesk, the complete spend management platform for medium-sized businesses. The partnership will support innovation in embedded...

Zilch expands securitisation to £150mn with investment from major global credit funds with Deutsche Bank 

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 £150 million. This latest round includes par...

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 and Operations Lead, discusses how dis...

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 partnership will enable businesses to...

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, Glazer argues that preventing fraud at...

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 Securities Act. NatWest Markets Europe a...

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 rules will be enforceable after two y...

Off the Books: Chirag Shah, Founder and CEO of Nucleus Commercial Finance

In this interview, Chirag Shah, Founder and CEO of Nucleus Commercial Finance, discusses his journey from investment banking to establishing Nucleus, sharing his insights on alternative finance for UK SMEs and the innovative strategies driving Nucleus’s s...

Revolut receives UK banking licence

Revolut, the global FinTech with over nine million UK customers and 45 million globally, has announced that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the regulator responsible for overseeing the UK...

European financial services hesitate on AI adoption amid job and regulatory concerns

Financial services leaders are hesitant to implement Artificial Intelligence (AI) amid concerns that its impact is outweighing the benefits of productivity gains and cost cuts, according to European FinTech executives.    AI has the potential...

FinTech will play crucial role in supporting safe crypto in UK says Lanistar 

The UK’s mission to become a ‘crypto hub’ has so far fallen short, but the appointment of Tulip Siddiq as Economic Secretary to the Treasury, or City Minister, signals a move toward a more progressive approach to crypto and digital currencies. The new City Minis...

Get To Know: Matt Smith, Director of Technology, Transformation & CIO Practices at Investigo

On the lighter side of things, we ask Matt Smith, Director of Technology, Transformation & CIO Practices, Investigo, what makes him tick What would you describe as your most memorable achievement? My four children, firstly. I’ve had some amazing...