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Digesting the Digits – Autumn Statement outlines increased focus on UK...

Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories.  Each week, Payment Expert digests these digits...

Monzo reportedly to get £300m backing from Google owner Alphabet

Monzo is chasing the UK’s Open Banking top spot via an investment of over £300m from Alphabet, according to Sky News, a development which...

Fraud League tables a ‘wake-up call’ for payments industry 

The latest Fraud League tables by the PSR should be viewed as a significant wake up call by the payments industry, according to Evgeniy...

Monzo adds ‘call status’ function to confirm legitimacy of incoming calls

Monzo has upgraded its mobile app so that users are now able to authenticate if calls they’re getting from the payments firm are legitimate.  The...

Monzo and Lunar engage in merger talks for European expansion

A Bloomberg report has revealed that UK challenger bank Monzo is in talks over a potential merger with Lunar.  The Nordic neobank has been in...

Monzo to increase ‘flexibility’ with continued focus on user experience

Digital bank, Monzo, is launching a new first instant access savings feature with a primary focus on delivering on customer feedback.  Monzo also announced that...

Monzo reports an increase in self-imposed gambling bans

More UK customers are turning to additional protective measures against gambling harm, according to new data from online bank Monzo.  Just in the past six...

Pleo appoints new CTO to bolster SME support

Pleo has announced the appointment of former Chief Technology Officer (CTO) at Monzo, Meri Williams, to assume the same role at the company.  This is...

Talkwalker: Challenger banks are growing in the UK

A new report by consumer intelligence firm Talkwalker has highlighted that UK banking is currently going through a tech renaissance. Traditional banking institutions in the...

Monzo and Wise combine for cross-border payments

Both companies promise low transactional fees and real exchange rates.

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