(11 November 2024 – United Kingdom) NatWest has introduced a virtual card payment solution, Approval2Buy, aimed at streamlining business expenses by leveraging Mastercard’s virtual mobile card and tokenisation […]
(23 October 2024 – United Kingdom) HSBC has introduced a new cross-border virtual account solution for banks globally, allowing e-commerce merchant clients to receive payments in EUR and […]
(10 October 2024 – United Kingdom) Revolut is to provide business merchants in the UK with the ability to accept American Express cards, unlocking access to higher spending, […]
(4 October 2024 – United Kingdom) The UK Treasury will grant banks the authority to delay payments by up to 72 hours to investigate suspected fraud or scams. […]
(30 September 2024 – United Kingdom) Bank of America (BofA) has expanded its Virtual Payables capabilities in EMEA with the launch of Virtual Payables Direct. The business-to-business (B2B) […]
(26 September 2024 – United Kingdom) Visa has announced its agreement to acquire UK-based fraud detection firm Featurespace, known for its AI-powered technology, for an undisclosed sum. Founded […]
(16 September 2024 – United Kingdom) The Bank of England (BoE) has walked away from a proposed capital increase for key trade financing products. The about-face came after […]
(16 September 2024 – United Kingdom) Barclays is struggling to sell a stake in its UK merchant payments unit due to disagreements with potential buyers over its valuation, […]
(4 September 2024 – United Kingdom) Lloyds Bank is set to deploy AI technology from Cleareye this month, aiming to eliminate the manual work involved in processing and […]
(4 September 2024 – United Kingdom) The Competition Appeal Tribunal has approved a class action lawsuit, allowing UK businesses to seek compensation for losses due to unlawfully high […]
