In a significant and controversial move, Metro Bank has announced plans to ban all deposits into cryptocurrency exchanges starting from November 2024. This decision is part of the bank's broader efforts to safeguard its customers from the growing threat of cryptocurrency-related fraud.
The fintech industry is on the brink of a significant transformation, driven by advancements in artificial intelligence (AI) and the increasing demand for personalized financial services. By 2025, these technologies are expected to redefine the financial landscape, offering consumers more tailored,
The insurance industry is currently navigating the complexities of adopting real-time payment systems, a move that promises to revolutionize the sector by enhancing efficiency and customer satisfaction. Simultaneously, the UK government is taking significant steps to regulate the use of copyrighted
Eviden has joined forces with Ordo and ByzGen to unveil a groundbreaking open banking solution designed to streamline bill payments between businesses and customers. This progressive flexi-payment platform taps into the power of open banking's Variable Recurring Payments (VRP), enabling
The financial technology (FinTech) sector is on the brink of significant transformation, driven by innovations, consumer demands, and regulatory frameworks. By 2025, several key trends are expected to redefine the landscape, offering new opportunities and challenges for businesses and consumers
In the digital age, the persistence of paper checks in commercial transactions is a curious phenomenon. Despite the availability of sophisticated digital payment alternatives, checks remain a popular method for transferring funds between buyers and suppliers. This reliance on paper checks, however,
