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Payments

Revolut pilots pay-by-face payments at London cafés

Revolut is trialling facial-recognition payments at three London cafés from 24 to 26 September 2026. Here's how Pay with Smile works, what happens to your face data, and what UK rules require.

An empty wooden food bank crate stands on a bank counter beside a paper Direct Debit form with its signature line left blank.
Payments
02

GoCardless processes AI-led Direct Debit donation to Trussell

GoCardless says an AI chat set up a recurring Direct Debit donation to Trussell and calls it the UK's first agentic account-to-account payment, a claim that is not independently verified.

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Explainers & Guides
03

How to check whether a UK debt adviser is trustworthy

Following the FCA's 22 September 2026 warning, here's how to verify a debt adviser's authorisation, spot pressure tactics, and compare a fee-charging proposal against free help.

News desk
Latest dispatches

What is moving money now

Essential reporting and plain-English analysis from across UK finance.

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  1. 01 / Fintech for Business

    Fonix returns to double-digit growth as payment products expand

    Fonix returned to double-digit gross-profit and adjusted EBITDA growth in FY2026, but overseas markets still supplied only about 13% of profit and PayFlex's contribution remains undisclosed.

  2. 02 / Fraud & Cybersecurity

    A7 allegedly moved $6.9bn through global banks, FT says

    A leaked-record investigation alleges A7-linked entities moved over $6.9bn through global banks using shell companies and forged invoices. No public source reviewed shows a named bank knowingly handled illicit payments.

  3. 03 / AI & Finance

    AI financing web raises concentration risk for UK investors

    Sona Asset Management's mapping of $3.6tn in AI financing ties shows how UK portfolios could share hidden common-customer risk, even when holdings look diversified.

  4. 04 / Explainers & Guides

    What the digital euro pilot means for UK merchants

    The ECB's digital euro merchant pilot call opened on 15 September 2026. Here's what it tests, who can join, and what it means for UK merchants and payment firms trading into the euro area.

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Fintech News

Manchester payments firm Ryft raises £20m to expand overseas

Manchester-based Ryft has raised £20m in a Series B led by Gresham House Ventures for European and US expansion, with no approval yet confirmed for its Maltese payments licence application.

A brass turnstile in an empty hallway with a row of identical passports on the floor, one pushed halfway through the bars while the rest wait behind it.
Crypto, Stablecoins & Tokenisation

FCA clarifies when overseas crypto platforms fall under UK rules

The FCA's new perimeter guidance says offshore incorporation alone will not keep crypto platforms, custodians and staking providers outside UK authorisation rules; whether one falls within the perimeter depends on the service and the applicable intermediary or direction test for UK consumers.

A pegboard displays several ordinary car key fobs on hooks beside one oversized, untouched vault key hanging separately.
Fintech News

Ayan Capital secures £75m facility, eyes UK banking licence

Triple Point has arranged a Shariah-compliant facility of up to £75m for Ayan Capital's car-finance business, as the firm prepares a UK banking licence bid and a planned Series A raise.