Personal Finance

Personal Finance

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Does regulation pose a threat to buy now, pay later market growth?

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

US trade report highlights challenges for bolstering financial inclusion

A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

FICO survey highlights evolving identity theft challenges in the online age

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.

Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

Nexi, Fiskl collaborate to bolster open banking services

FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.

UK Chancellor examines case for new ‘Britcoin’ digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.

ECB consultation finds privacy is key in future digital euro

A consultation conducted by the European Central Bank (ECB) found privacy would be valued most in consideration of a potential future digital euro.

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