(source: bankofengland.co.uk)
Cross-border payments company FairFX is joining the U.K.’s Faster Payments Scheme after the Bank of England granted the firm settlement accounts. In an announcement on...
Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some...
Swiss crypto wallet maker Tangem has notched a $15 million investment, Coindesk reported. The company makes a product for digital currency storage that it says...
British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...
With FinTech driving innovation and competition in the cross-border payments space, governments can no longer afford to ignore changing and heightening demands for greater speed,...
As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel...
Welcome to Five at Five, your late look at today’s commerce and payments news. Today’s coverage includes the latest on Amazon’s ad efforts, along with a...
With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney...
A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). According to Reuters, the new...