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Marcel van Oost

BoE Makes an Example of Vocalink in £11.9M Compliance Crackdown

BoE Makes an Example of Vocalink in £11.9M Compliance Crackdown

Hey Payments Fanatic! In a first-of-its-kind move, the Bank of England has fined Vocalink, Mastercard’s UK payments arm, £11.9 million for failing to fix systemic weaknesses flagged two years ago. The penalty casts a spotlight on risk management standards at one of the core engines behind Bacs, Faster

Revolut Taps Alipay and a $48B Opportunity

Revolut Taps Alipay and a $48B Opportunity

Hey Payments Fanatic! Revolut just unlocked money transfers to China via Alipay, marking a calculated step into one of the world’s biggest remittance corridors. The move promises speed, stability, and a reach that goes well beyond Singapore. It’s also just one piece of Revolut’s broader expansion playbook.

Nayax Grows, Then Cuts: Streamlining Hits Home Despite Record Profits

Nayax Grows, Then Cuts: Streamlining Hits Home Despite Record Profits

Hey, Payments Fanatic! It’s not often a company posts record profits and rising share prices, only to follow with its first significant round of layoffs. But that’s exactly what’s unfolding at Nayax. The Israeli payments and self-service tech firm is laying off 70 employees, even as its

Shift4’s Biggest Deal: $2.5B Acquisition of Global Blue Goes Through

Shift4’s Biggest Deal: $2.5B Acquisition of Global Blue Goes Through

Hey Payments Fanatic! Shift4 Payments has officially closed its $2.5 billion acquisition of Global Blue. So, who’s Global Blue? They are a Swiss-based leader in tax-free shopping and currency conversion technologies. This marks the largest acquisition in Shift4’s history, accelerating its expansion across luxury retail and global

Flutterwave Unlocks U.S. Remittances with Send App Relaunch

Flutterwave Unlocks U.S. Remittances with Send App Relaunch

Hey Payments Fanatic! Flutterwave is relaunching its Send App after securing 20 new Money Transmitter Licenses in the U.S., bringing its total to 34. With these licenses, Africa’s biggest FinTech unicorn can now operate directly in more states without intermediaries, offering a refreshed, streamlined way to make cross-border

Stripe & TrueLayer Pay by Bank; Ripple & OpenPayd Lay the Rails

Stripe & TrueLayer Pay by Bank; Ripple & OpenPayd Lay the Rails

Hey Payments Fanatic! What's in store for you in today's news? New rails for global trade, everyday payments made seamless, and programmable money replacing legacy plumbing. Stripe and TrueLayer flipped the switch on Pay by Bank in France and Germany. This means no tedious entries of

Trade Republic, multifi x GoCardless, and Nearpay: Quiet Moves, Big Impacts

Trade Republic, multifi x GoCardless, and Nearpay: Quiet Moves, Big Impacts

Hey Payments Fanatic! Some days, the news hits like a headline parade. Other times, it’s quieter shifts that speak louder. Today feels like the latter. Bizum lands in payroll as Trade Republic launches Spain’s first salary account with instant transfers and 2% interest on unlimited balances. It’s