All articles by Aninda Chakraborty
Aninda Chakraborty
UK Court approves FCA bid to appoint EES special administrators
Joint special administrators have taken control of the firm and secured “significant amount of material and frozen funds”.
Mastercard launches AP4M for AI-led transactions
According to Mastercard, AP4M supports credentialing, transaction controls and settlement across multiple payment types.
Visa partners with OpenAI to enable agent-led payments
Visa will provide the network connectivity, tokenisation and risk tools that underpin transaction processing and security.
Nuvei in discussions to acquire Payoneer for $2.7bn- report
Payoneer operates a platform that enables businesses and freelancers to make and receive cross-border payments.
Lloyds partners with Stripe to expand payments for UK small businesses
The service is powered by Stripe Connect and is available within Lloyds and Bank of Scotland Business Accounts.
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Monzo and Fair4All Finance pilot Flex Build card for excluded borrowers
Under the pilot, eligible customers can receive a small credit limit of up to £250 with a one-time deposit.
OpenWay, Visa team up to accelerate bank payment product rollouts
The collaboration builds on Visa initiatives already supported on OpenWay’s Way4 platform.
FCA orders Euro Exchange Securities UK to halt payment services
Duncan Perring and James Bennett of Teneo Financial Advisory were appointed as interim managers to oversee the firm.
XTransfer and Societe Generale team up on cross-border payments
The cooperation is intended to support businesses operating from China into Europe and other global markets
Mastercard to add stablecoin, intraday and non-business day settlement options
Mastercard said Circle’s USDC is already being used for early on-chain settlement flows in select markets.