Tap Happy: Almost Half of Transactions to Be Contactless by the End of 2022
- 4 years 10 months ago
- Payments, Money Transfers
The use of contactless payments is set to make up 47% of all UK payments between 2021-2022, and will be the most common type of transaction Contactless payments are up by nearly a third (30%) since the start of the pandemic, when chip & pin payments were still the most popular way to pay Between 2021 and 2022, cash payments will account for just over one tenth (11%) of all purchases
Seaglass Cloud Supports Omni Energy in Addressing the Under-served Pre-payment Gas and Electricity Market
- 4 years 10 months ago
- Cloud, SaaS
Seaglass Cloud Technology, an end-to-end, software-as-a-service (SaaS) provider to the energy sector, has developed a scalable and future-proof, full-service customer management system for Omni Energy, helping it to provide a responsive and highly-efficient service to domestic pay-as-you-go (PAYG) energy customers.
Shares.io Reveals Unique $10m Pre-product Seed Round and Imminent Launch of Europe’s First Social and Investing App
- 4 years 10 months ago
- Investment
~ Shares.io today announces the next stage of its journey to deliver “investing made social” as waitlists open for UK launch in Autumn, expected Europe-wide early 2022 ~ ~ One of Europe’s largest-ever seed rounds, $10 Million USD pre-product and previously unannounced funding also revealed, to build social-first consumer app with no-minimum, no-fees access to 1,500 stocks ~
Open Banking Could Save SME Lenders More Than 18,000 Work-hours a Year, According to New Research
- 4 years 10 months ago
- Open Banking, Cloud
· Open Banking technology could reduce processing times on borrowing applications by 85%, according to new research from Yolt Technology Services (YTS) · Innovation could replace average two-week wait times from application to payment by cutting out application bottlenecks
TotallyMoney Appoints Liz Afolabi as People Director
- 4 years 10 months ago
- Platform Technology, Money Transfers
TotallyMoney, the credit app built to help people move their money forwards and achieve their financial goals, is excited to announce the appointment of Liz Afolabi as its People Director.
Atom Bank’s Annual Report Shows Strong Progress Since March 2020, With the Bank Moving Towards Sustainable Profitability
- 4 years 10 months ago
- Banking
Significant development in Net interest margin with March 2021 run rate at 114bps (March 2020: 10bps). This momentum has continued post year end with NIM of 130bps in June 2021 Credit risk performance remained strong despite the impact of Covid Losses narrowed to an underlying operating loss of £36m with strong momentum to monthly break even during 2022, with a first month of operating profit recorded in June 2021
Squirro Launches AI Week 2021 Including Executive Masterclasses for FS Leaders to Get More From AI
- 4 years 10 months ago
- Artificial Intelligence, Banking
AI Week takes place from October-5 to October-8, featuring industry leaders showcasing best practices in AI implementation and a series of hands-on workshops and success cases
Ten Most Crucial Events of the Decade: The Release of Special Forex Industry Analytics
- 4 years 10 months ago
- Trading Systems
The international Forex broker OctaFX turns ten years old. This past decade culminates in 6.6 million Forex trading accounts opened, 200,000 Trade &Win gifts delivered, over 102,000 followers on social media, 44 Forex industry awards received, providing services in more than 100 countries, and 500 million trades executed on the platform since inception—to just name a few company achievements to date.
DivideBuy Partners with Premium hair Styling Experts CLOUD NINE
- 4 years 10 months ago
- Lending, Payments, IT Innovations
Leading LendTech provider DivideBuy has announced its new strategic partnership with premium hair styling tools retailer CLOUD NINE
Dreams, the Swedish Fintech Using Gamification and Behavioural Science to Help Banks Engage New Audiences and Enhance the Digital User Experience of Their Customers
- 4 years 10 months ago
- Banking
Dreams is a provider of behavioural and engagement banking solutions, which is powered by cognitive science, and helps some of the world’s largest financial institutions engage critical new target audiences and increase loyalty, by boosting their customers’ financial health and empowering them to save and feel better about their money.
WealthKernel Launches Digital SIPP over API
- 4 years 10 months ago
- APIs, Investment, Wealth Management
Wealthtech provider’s digital-first offering makes SIPPs more accessible and affordable for fintechs and their customers New API functionality will allow firms to offer digital SIPPs flexibly and affordably Flexible model caters to both digital and paper-based transfer needs
Radiflow’s New CIARA Release Revolutionizes Cybersecurity with OT Risk Platform
- 4 years 10 months ago
- Security, Cybersecurity, Risk Management
Recognized by Gartner as a Leading Vendor in the innovative Cyber-Physical Systems (CPS) risk management category, Radiflow’s ROI-driven OT risk assessment and management platform offers multi-site prioritization based on attack simulations, keeping teams better protected and within budget.
Paypal Bets Big on Crypto Payments Future With International Expansion
- 4 years 10 months ago
- Payments, Bitcoins, Cryptocurrencies
PayPal launched its crypto services in the UK—its first international crypto expansion, according to a press release.
Qumulo and Hewlett Packard Enterprise Deliver the Highest Density File Solution on the Market
- 4 years 10 months ago
- Cloud, Data Management
New collaboration delivers impressive scalability, unmatched file density and increased cost savings in radically simple file system
Adyen appoints Colin Neil as UK Managing Director
- 4 years 10 months ago
- People Moves
Adyen, the payments platform of choice for the world’s leading companies, today announced the appointment of Colin Neil to Managing Director of its UK operations. Neil has been with Adyen since 2018. He previously held the role Head of Commercial (UK) and headed up the company’s office in Manchester. He will take over from Myles Dawson who is stepping down after nine years in the post.
