With the heightened cost of living battering UK PSPs, many consider Open banking to be the silver bullet, but with adoption at only 10% of the population, innovation is needed.
Often marketed as a "force for good," UK fintech's actual impact on issues such as diversity and the climate crisis remains limited.
Embedded finance is experiencing supercharged adoption. Consumers may consider options in loyalty to brands.
The MiCA Bill was passed in April, bringing with it a possible end to the lack of clarity in European crypto but it's not all plain sailing.
Although some of the prototype design challenges could limit usage, exploration of the CBDC shows positive steps.
In Plend's recent Report, solving the ongoing cost of living crisis was considered critical as the situation deteriorates further.
The approval of the EU's MiCA legislation highlights post-Brexit UK's regulatory shortcomings - could it be boosted?
The UK made its mark on Open Banking, but as global sights turn to the loftier prize of open finance, it's in danger of being left behind.
When war broke out in Ukraine last year, Daumantas Dvilinskas and his team at TransferGo quickly realized the intensifying need for money transfering services such as theirs.
The arrangement with QuickBooks sees iwocaPay become the UK's first B2B BNPL solution for cloud accounting software.