U AccountRSS

Once again fintech firms and challenger banks are hit with card payment issues

online payment

There have been another problematic 24 hours for fintech firms and challenger banks after being hit with a slew of card payments issues.

Monzo, Revolut, Loot, U Account and other fintechs let down by payments processor

online payment

Payment outages have caused major problems to cardholders and fintech services provides in the UK and internationally. This is understood to be down to payments processor Global Processing Services (GPS).

Ffrees, Wirecard, GPS and Bottomline Technologies team up for U Account

Ffrees' U Account – it's all about u

UK-based banking services challenger Ffrees Fiamily Finance has launched a new “digital agency banking solution” – U Account. The account is supported by Wirecard, Global Processing Services (GPS) and payments software vendor Bottomline Technologies.