Welcome to The Axis, your late look at payments news from around the world. Coverage includes Hong Kong-based Tappy Technologies‘ collaboration with the Timex Group....
After months of controversy, the U.K.’s Banking Competition Remedies has awarded the first batches of the Royal Bank of Scotland’s $1 billion fund to competing...
U.K. challenger banks Tide and ClearBank are teaming up to apply for a portion of the $1 billion made available by Royal Bank of Scotland (RBS) to...
U.K. bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by Reuters on Friday...
Nick Ogden seems to have a thing for years that end in seven. In 1997, he founded Worldpay, an online payments processor based in the...
ClearBank, the clearing bank in the U.K., announced Tuesday (March 28) it has become a direct participant of Faster Payments, the UK’s 24/7 real-time payment...
The U.K. banking industry has seen a slew of new market entrants in the form of “challenger banks,” but one of the latest to enter...