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The Payments Association Unveils 2025 Manifesto for UK Growth

The Payments Association's 2025 Manifesto outlines 66 policy recommendations to drive UK growth, focusing on regulation, financial inclusion, and digital innovation. HighlightsThe Payments Association's...

Lloyds Banking Group Secures Patent for AI-Powered Cybersecurity Innovation

Lloyds Banking Group's Global Correlation Engine (GCE) leverages AI to enhance cybersecurity, reducing false positives and identifying genuine threats HighlightsLloyds Banking Group has patented...

CFPB Dismisses Lawsuit Against Capital One Over Savings Account Rates

Consumer Financial Protection Bureau drops lawsuit alleging Capital One misled customers about savings account interest rates HighlightsThe CFPB has dismissed its lawsuit against Capital...

Revolut Requires License to Operate in Ukraine, Says Central Bank

Ukraine's central bank emphasizes the need for Revolut to obtain a local banking license to provide services in the country HighlightsUkraine's central bank states...

Alkami Enhances Digital Banking with $400M Mantl Acquisition

Alkami Technology acquires Mantl to revolutionize account opening capabilities for financial institutions HighlightsAlkami Technology acquires Mantl for $400 million to enhance digital banking solutions. ...

Bybit Wallet Hack Results in $1.4 Billion ETH Theft, Shaking Crypto Market

Bybit, a leading cryptocurrency exchange, suffers a massive security breach, losing $1.4 billion worth of ETH to hackers, raising concerns over crypto security HighlightsBybit...

UK Government Issues Tender to Integrate Open Banking into Gov.UK Pay

The UK government invites bidders for a £49 million contract to embed open banking technology into the Gov.UK Pay platform, enhancing public sector payment...

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