Category: Financial Services

The company explained in its press release that the Enterprise Payment Hub consolidates payment workflows into a single platform, ensuring security, encryption, and real-time monitoring.  It is also said to improve connectivity between payment systems and banks through various channels, enhancing transparency and efficiency. "Visibility and controls around payment management are increasing in criticality," said…

The company said the system will provide small-to-medium businesses with an all-in-one solution to streamline operations and enhance customer experiences.  The expansion marks Clover’s presence in 11 countries, powering 3.5 million POS devices worldwide. “Ninety-eight per cent of Aussie businesses identify as small-to-medium businesses but many rely on a complex array of solutions that don’t…

The decision, which took effect from 28 March 2025, was made under section 55J of the Financial Services and Markets Act 2000. According to the FCA’s Final Notice, Cashup failed to satisfy the location of offices Threshold Condition, as the regulator could not confirm that the firm’s head office and central management were based in…