UK Banks and UK Finance Now Supporting Digital Verification Service by Omar Faridi

BNPL Fintech Affirm Partners with Backcountry to Offer Flexible Payments

Backcountry, an online retailer of premium outdoor equipment, has partnered with Affirm (NASDAQ: AFRM) to introduce a pay-over-time option at checkout. The collaboration aims to give adventure enthusiasts greater control and clarity when purchasing gear for activities like skiing, cycling, hiking, and camping. Eligible customers… Read More

UBS and Nethermind Validate Compliance Features on Permissionless Ethereum (ETH) Network

Global wealth manager UBS and Ethereum infrastructure specialist Nethermind have completed two joint proofs of concept. These tests demonstrate that the public Ethereum network can meet the operational and regulatory standards required by heavily regulated financial institutions. The collaboration shows how banks can introduce strong… Read More

UK’s Atom Bank Streamlines Commercial Lending with Flowable Automation Rollout

Atom Bank, one of the UK’s digital banks that aims to enhance user experience, has deployed Flowable’s process automation technology to overhaul its commercial lending operations. The move represents a strategic push to deliver faster, more efficient, and highly scalable services in the competitive commercial… Read More

PostFinance Launches Switzerland’s Retail Bank-Owned Multi-Asset ETF

PostFinance has introduced its first proprietary exchange-traded fund, marking a milestone as the first Swiss retail bank to launch its own multi-asset ETF. The PostFinance Global Portfolio ETF, developed in partnership with Xtrackers by DWS, began trading on the SIX Swiss Exchange on 23 June… Read More

UK’s Starling Bank Introduces AI Enabled Solution to Combat Romance Scams and Other Frauds

Starling Bank has launched a new artificial intelligence tool designed to help customers identify and avoid romance scams, investment fraud, and deepfake phishing attempts. The Scam Intelligence AI-agent, now integrated into the bank’s Starling Assistant, became available to its five million customers on 24 June… Read More

Digital Banking Provider bunq Expands BaaS Platform to European Markets

bunq, which claims to be one of Europe’s largest neobanks, has made its bunq-as-a-Service offering available to companies across the European Union. The Banking-as-a-Service (BaaS) solution gives businesses direct access to bunq’s banking infrastructure, allowing them to embed advanced financial tools into their own products… Read More

UK Small Businesses Call for Closer EU Trade Relations, Open to More Regulation

Fintech firm iwoca has recently indicated that ten years after the 2016 Brexit referendum, many UK small and medium-sized enterprise leaders are advocating for stronger economic connections with the European Union. Fresh polling from iwoca, a European lender focused on financing for smaller companies, shows… Read More

BNPL Fintech Klarna Marks 5th Year of Steady Business Growth in France

BNPL Fintech Klarna (NYSE:KLAR) is marking five years since its launch in France, highlighting strong adoption by consumers and retailers. The company reports that seven million people in the country used its services during the past year, while partnering with more than 57,500 merchants and… Read More

Bullish Exchange Enables Trading Access for SoFiUSD, a US National Bank-Issued Stablecoin

Bullish Exchange (NYSE: BLSH) announced that SoFiUSD, a U.S. dollar payment stablecoin issued by SoFi Bank, N.A. (NASDAQ: SOFI), is now available for trading on its platform. This move positions Bullish as the first centralized cryptocurrency exchange to list the token, extending its reach beyond… Read More

Chainlink Collaborates with European and South Korean Banking Groups on Project Pangea for Real-Time FX Settlements

Chainlink has joined forces with banking consortia from Europe and South Korea to launch Project Pangea. The initiative seeks to enable near-instantaneous settlement of euro-to-South Korean won foreign exchange transactions using regulated stablecoins, replacing the traditional multi-day delays that currently characterize much of the global… Read More

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