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UK firms still rely on manual payment reconciliation
Digital Transformation

UK firms still rely on manual payment reconciliation

Mangopay says 85% of high-volume UK firms still use manual or mostly manual reconciliation, despite heavy investment in automation and AI.

By Karen Joy Bacudo • 4 min read • 2 days ago
Creditinfo takes full control of Latvian credit bureau
Data Analytics

Creditinfo takes full control of Latvian credit bureau

Creditinfo snaps up the remaining stake in KIB Latvia, giving it full control of the bureau and a bigger platform in the Baltic market.

By Sofiah Nichole Salivio • 3 min read • Last week
Payment failures put GBP £1.7bn in UK sales at risk
Disaster Recovery

Payment failures put GBP £1.7bn in UK sales at risk

UK retailers and venues face rising risk from payment outages as new research warns lost sales, customer anger and staff pressure can escalate within minutes.

By Sofiah Nichole Salivio • 4 min read • Last week
Mid-sized fintech firms squeezed out as funding tightens
Fintech

Mid-sized fintech firms squeezed out as funding tightens

Fintech's middle tier is under strain as tighter funding, heavier regulation and AI-driven competition favour big platforms and fresh startups.

By Karen Joy Bacudo • 4 min read • Last week
FCA sets out open finance plans to boost credit access
Data Protection

FCA sets out open finance plans to boost credit access

FCA maps out plans to widen data sharing, helping UK borrowers and SMEs secure credit, compare deals and access more tailored financial services.

By Karen Joy Bacudo • 3 min read • Last month
Round raises USD $6 million to automate finance work
Digital Transformation

Round raises USD $6 million to automate finance work

London fintech Round lands USD $6 million and unveils workflow tools to cut repetitive treasury, payroll and payments work for finance teams.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Bitget says 460,000 users adopted its AI trading tools
Fintech

Bitget says 460,000 users adopted its AI trading tools

Bitget's Gracy AI and GetAgent have drawn more than 460,000 users as the exchange expands its four-layer AI trading stack.

By Kaleah Salmon • 3 min read • 2 days ago
Banks must modernise core systems, says Temenos report
Digital Transformation

Banks must modernise core systems, says Temenos report

Temenos and Bain warn banks that cloud, AI and stablecoins will reshape competition, with core modernisation now key to growth.

By Karen Joy Bacudo • 4 min read • Last week
9fin launches full Asia Pacific platform after funding
Data Analytics

9fin launches full Asia Pacific platform after funding

9fin expands into Asia Pacific with a full credit market platform, giving banks and asset managers wider access after its USD $170 million fundraise.

By Karen Joy Bacudo • 3 min read • Last week
Nium partners Coinbase for USDC cross-border payments
Crypto

Nium partners Coinbase for USDC cross-border payments

Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.

By Karen Joy Bacudo • 4 min read • Last week
Tether backs USD $134 million Stablecoin Development
Crypto

Tether backs USD $134 million Stablecoin Development

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

By Karen Joy Bacudo • 4 min read • Last month
Visa launches Tempo validator node in blockchain push
Firewalls

Visa launches Tempo validator node in blockchain push

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

By Karen Joy Bacudo • 3 min read • Last month

Stories from Other Regions

Plaid says AI is reshaping consumer finance expectations
Data Protection

Plaid says AI is reshaping consumer finance expectations

Half of US consumers now expect AI to help manage money, as Plaid says finance apps must offer more guidance, transparency and human oversight.

By Karen Joy Bacudo • 4 min read • Last week
Exclusive: Adyen targets fragmented payments with Intelligent Money Movement
Fintech

Exclusive: Adyen targets fragmented payments with Intelligent Money Movement

Adyen is positioning Intelligent Money Movement as a unified layer for payments, payouts and liquidity, targeting fragmented treasury systems.

By Jake MacAndrew • 3 min read • Last month
Ripple & Kyobo Life test blockchain bond settlement
Digital Transformation

Ripple & Kyobo Life test blockchain bond settlement

Ripple and Kyobo Life trial blockchain settlement for South Korean government bonds, aiming to cut processing times from two days to near real-time.

By Karen Joy Bacudo • 4 min read • Last month
SoFi joins first banks to offer FedNow send & receive
Fintech

SoFi joins first banks to offer FedNow send & receive

SoFi and Galileo expand FedNow access with instant transfers both ways, as Bill Kennedy says the platform could open the same service to partners.

By Karen Joy Bacudo • 4 min read • Last month
AlphaSense names Samantha Greenberg as Chief Financial Officer
Software-as-a-Service

AlphaSense names Samantha Greenberg as Chief Financial Officer

AlphaSense appoints former hedge fund founder Samantha Greenberg as Chief Financial Officer to bolster its capital strategy as the AI firm expands globally.

By Sofiah Nichole Salivio • 3 min read • Last month