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The FCA and Action Fraud have teamed up to warn consumers about cryptoasset and foreign exchange scams, which cost fraud victims more than £27m in the past year Investment scams involving foreign exchange (forex) and crypto assets more than tripled last year in the UK, costing victims upwards of £27m...
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UAE and Saudi Arabia set out how they plan to use...
The Central Bank of the United Arab Emirates and the Saudi Arabian Monetary Authority (SAMA) have clarified some aspects of their joint plan to...
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Nutmeg to expand into Asia in partnership with Taiwan bank
Nutmeg, the UK’s largest digital wealth manager, is expanding into Asia, announcing the launch of its first strategic partnership, in a deal with Taipei...
Cards & Payments
NXGEN acquires Kentucky-based payments firm Payment Plus
NXGEN International, a merchant service provider (MSP), has acquired Kentucky-based payments company Payment Plus (PPI) for an undisclosed price. Founded in 1999, PPI is an...
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4 Reasons Why Social Payment Has Not Taken off as Imagined
Last February, Facebook turned 15. Anyone who signed up on the site more than a decade ago might have noticed how the social media...
UBS Card Center Wins Security Innovation Award Using FICO AI
UBS Card Center, which processes roughly 25 percent of all credit cards in Switzerland, has won the Security Innovation of the Year award at...
WorldRemit launches international transfers to UnionPay cards
Digital money transfer service WorldRemit has launched international transfers to UnionPay debit cards in China. The Chinese diaspora living in over 50 countries, including the...
First real-time payments launched in Saudi Arabia
International payment systems provider Vocalink has partnered with Saudi Payments to launch real-time payments in Saudi Arabia, reports Jane Connolly Saudi Payments, a fully owned...
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JPMorgan Chase to acquire healthcare payments company InstaMed
JPMorgan Chase & Co is set to acquire US healthcare payments company InstaMed for an undisclosed price, in a move to provide end-to-end healthcare...
