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Fitbit Pay launches in the UK – Commentary from Fujitsu’s CTO for Financial Services
Ian Bradbury, CTO for Financial Services, UK and Ireland at Fujitsu:
“Payments have evolved significantly in recent years, most notably with the proliferation of contactless payment methods which have increased by over 140% in the past year alone. It is no wonder therefore, that the next step in the progression of payments will be with wearable devices, and the launch of Fitbit Pay represents this movement. As with the contactless card, we expect wearable payments to become an increasingly important feature in the British payments landscape as more consumers become accustomed to them.
“An attractive benefit of using wearables for payments is that a wearable device can hold multiple cards, alongside a growing number of NFC enabled loyalty cards, Tesco for instance has just relaunched their Clubcard with NFC incorporated. Consumers therefore need only use one device, which is both convenient and can be more secure as you can lock the wearable. From a banks perspective, they may find Fitbit payments interesting as a platform for payments as it is not uniquely tied to a phone platform such as Apple or Android, and therefore it may be more enticing to consumers that are not wedded to one phone platform. In addition, Fitbit is also a brand more clearly defined on the already large and rapidly growing health and lifestyle market which will attract certain consumers over the more generalist Apple and Android devices – and most consumers typically only choose one smart watch.”
“The success of contactless payments so far shows consumers are quick to adopt new payments solutions that focus heavily on improving the consumer experience, and the same can be expected for wearable payments. However, because consumer experience can cover many aspects including convenience, security, speed and ubiquity, it’s vital that providers put in place ways to improve the experience over current solutions. If future payment solutions do not address all of these areas – which are fast-becoming a customer expectation – then they are unlikely to be successful.”
- TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors Read more
- ING Hires Aled Patchett to Lead UK Sector Strategy Read more
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- MNP and Caseware Partner to Build the Future of Agentic Audit Read more
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TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
ING has appointed Aled Patchett as Head of Sectors UK, as the bank steps up its push to deepen client coverage and drive cross-product growth in the UK market.
MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Satispay Targets up to €120 Million to Support New Financial Services Push
Momentum S.p.A. (the “Company”) — the holding company of Satispay Group, a European fintech platform combining payments and financial services — announces that, as of today, the Shareholders’ Meeting has been convened, in both ordinary and extraordinary session, for 29 June 2026. Among the items on the agenda is a resolution regarding a capital increase, to be offered as a pre-emptive right to existing shareholders, for a maximum amount of €120 million, to support the acceleration of the Company’s growth strategy and evolution into a comprehensive financial platform.
GoHenry to Join Barclays to Help Even More UK Kids Get Smart With Money
GoHenry is entering into an agreement to be acquired by Barclays to accelerate its mission to make every kid smart with money
Bottomline Unveils CFO Suite to Bring Together Governed AI and End-to-End Cash Flow Management
Bottomline announced the launch of its CFO Suite, a modular platform designed to help finance leaders leverage AI
Starling Achieves Record Pricing for Debut Bond as International Investors Oversubscribe Sale
Starling has achieved record pricing for its debut £150m Tier 2 bond, in the first rated public sale by a European neobank
TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
ING has appointed Aled Patchett as Head of Sectors UK, as the bank steps up its push to deepen client coverage and drive cross-product growth in the UK market.
Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails
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MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International
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Eastnets: Navigating the New Era of Instant Payments and Global Fraud Prevention
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The Dual-Edged Sword of Artificial Intelligence: Structuring Governance Protocols for High-Velocity Financial Solutions
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