IXOPAY has launched three new TokenEx tokenization packages designed to make “token-first” payments the default standard for enterprise merchants. The move aims to address the growing challenge of payment stack fragmentation, offering businesses a faster path to securing data, reducing PCI scope, and achieving processor independence. Breaking processor lock-in According to IXOPAY, many merchants currently […]
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Open Banking Limited (OBL) is celebrating the eighth anniversary of open banking in the UK, marking the transition of the initiative from a regulatory requirement to a core component of the nation’s financial infrastructure. Since its launch in January 2018, following the implementation of PSD2 and the CMA’s Retail Banking Market Investigation Order, open banking […]
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UK fintech investment surged by 10 per cent in 2025, reaching a total of $5.3billion, according to the latest data from Tracxn. The findings signal a decisive return to market stability, driven largely by high-conviction bets on established players rather than broad ecosystem expansion. The UK FinTech Annual Funding Report 2025 reveals a market in […]
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LSEG Risk Intelligence has launched a new dataset aimed at tackling one of the most persistent challenges in modern compliance: identifying securities that are indirectly linked to sanctioned entities through complex ownership structures. The launch of the Sanctioned Securities Data File, developed in partnership with data analytics firm BIGTXN, comes with initial analysis revealing that […]
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First Abu Dhabi Bank (FAB) has launched the FAB Rewards Active Credit Card, a new product developed in collaboration with Mastercard that integrates wearable payment technology with wellness incentives. The offering is headlined by a complimentary fitness tracking payment ring, which the bank describes as a “world-first” innovation. This wearable device combines secure contactless payments […]
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The UK tech sector raised $15.3billion in 2025, an 11 per cent decline year-on-year, according to the latest data from Tracxn. Despite the drop, the UK maintained its position as the second-highest funded country globally, trailing only the United States and remaining ahead of China and India. A pronounced divergence in funding stages defined the […]
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Lean Technologies, a leading MENA financial infrastructure provider, and Ziina, a UAE-based payments platform, have launched the country’s first live customer-initiated Open Finance payment. The milestone transaction was executed under the Central Bank of the UAE’s (CBUAE) Open Finance framework, marking a significant transition for the region’s financial ecosystem from technical readiness to real-world application. […]
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Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, has launched Citrea USD (ctUSD), a native USD stablecoin designed to provide a unified settlement layer for Bitcoin-denominated markets. Issued by MoonPay and powered by M0, ctUSD is fully backed by short-term US Treasury bills and cash. The token is designed to align […]
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ProgressSoft, a global provider of real-time payment solutions, has been announced as the winner of the Business Banking category at the 2025 FF Awards. The accolade was presented during a ceremony held in London on 25 November 2025, recognising the company’s Corporate Banking Suite for its role in modernising operations for financial institutions worldwide. Streamlining […]
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Punjab Provincial Cooperative Bank Limited (PPCBL) has formally engaged the AlHuda Center of Islamic Banking and Economics (AlHuda CIBE) to lead its transition from conventional banking operations to a fully Shariah-compliant model. The advisory agreement was signed in Dubai by Mr. Muhammad Zubair, CEO of AlHuda CIBE, and Mr. Shahraam Raza Bakhtari, president of PPCBL. […]
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