City of London Police have shut down a fraudulent cryptocurrency business that cold-called investors and attempted to sell them fake online money
UK Finance has reported that more than a tenth of people aged between 25 and 34 used coins and notes no more than once a month in 2017. Across all age groups, cash was still the most popular way to pay, but was found to be rarely used by nearly 3m people
Apple is preparing to introduce facial recognition for Apple Pay, according to online reports
AA has partnered with EVO Payments International to launch Card Pay, which provides card terminals for small business owners. Card Pay is offering £500 if it is unable to offer AA Business Customers better rates than their current card payments provider
FairFX has announced that it has conditionally acquired CardOne, a digital banking services provider to small businesses and retail consumers, for £15m, and launched a £26m share placing and open offer. The company is using the acquisition to ‘fast-track’ its push into the small business lending space