IT Brief UK - Technology news for CIOs & IT decision-makers

Backup-as-a-service (BaaS) stories

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Backbase, Ninth Wave unlock ERP banking connections

3 days ago
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Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.
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MSPs face AI adoption hurdle over governance rules

Last week
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AvePoint and Omdia find governance and compliance are stalling AI adoption for MSP customers, as demand outpaces providers' readiness.
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Diverging paths: Monzo quits, Revolut hunts US charter

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Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.
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Nium launches stablecoin card platform for businesses

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Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.
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Monument to tokenise retail deposits on Midnight blockchain

Last month
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Monument to tokenise GBP £250 million of retail deposits on Midnight blockchain in UK first, keeping savings protected and interest-bearing.
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SumUp adds in-app investing for merchants with Upvest

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SumUp adds Upvest-powered in-app investing in Germany, letting small firms put EUR €1 into fractional money market funds via its app.
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Solana launches platform for banks, payments groups

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Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.
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Exclusive: G+D's Sofiane Chouane on the future of European fintech

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European fintech is maturing as G+D's Sofiane Chouane charts a future shaped by stricter regulation, AI, and bank-startup partnerships.
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Tempo debuts Mainnet, protocol for machine payments

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Tempo launches Mainnet and unveils Machine Payments Protocol to automate stablecoin and card payments between AI agents and online services.
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Barclays & Sage link up to ease small business admin

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Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.
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Circles, Airwallex bring embedded finance to global telcos

Last month
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Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.
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Circles.Life launches Zerofy card with instant cashback

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Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.
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Unlimit names Irene Skrynova CEO of global payments

Last month
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Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.
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Bilder taps xpate for instant card funding across borders

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Bilder integrates xpate's card top-ups to offer 24/7 instant multi-currency account funding for cross-border customers and businesses.
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Autonomous AI 'agentic customers' set to reshape banks

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Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.
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Incard gains UK EMI licence to expand fintech platform

Tue, 24th Feb 2026
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Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.
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Volt gains NPP status to expand Australian PayTo reach

Thu, 19th Feb 2026
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Volt secures Identified Institution status on Australia's NPP, unlocking direct PayTo and PayID services for merchants via a single API.
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How five digital forces will redefine banking by 2026

Wed, 11th Feb 2026
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Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.
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Bank ABC migrates ila Bank to Temenos core on AWS cloud

Fri, 6th Feb 2026
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Bank ABC shifts ila Bank onto Temenos core on AWS in Bahrain, kicking off a wider cloud-led core banking transformation programme.
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Moltbook 'vibe-coded' flaw exposed AI chats & keys

Fri, 6th Feb 2026
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Moltbook left a Supabase key exposed, leaking AI chats, 30,000 emails and 1.5 million API keys in a cautionary tale of vibe coding risk.