Simplifying PCI Compliance and Elevating Payment Security: IXOPAY Merges with Aperia Compliance
- 1 month 5 days ago
- Compliance
I am beyond excited to share a transformative milestone in our journey to redefine the payments industry. Today, IXOPAY proudly announces its merger with Aperia Compliance, a global leader in Payment Card Industry (PCI) validation and risk management.
RealDesk.AI and Zūm Rails Digitize Real Estate Payments for RE/MAX, Century 21, and More
- 1 month 5 days ago
- Payments
RealDesk.AI (formerly Datz Solutions) and Zūm Rails today announced their work to equip Canadian real estate brokerages including RE/MAX, Century 21 and Royal LePage with their own payment processing capabilities. RealDesk's real estate management platform provides a digital alternative to the manual, paper-heavy processes that dominate the home buying and selling process, including contracts, reporting and agent/broker communications.
Checkout.com Shares Black Friday Cyber Monday Weekend Spending Insights
- 1 month 5 days ago
- Personal Finance
The latest transaction data from leading global digital payments company Checkout.com has found UK consumer spending during the Black Friday and Cyber Monday (BFCM) weekend surged during working hours. On Friday 29th November, spending peaked between 9am and 10am, and on Monday 2nd December, sales saw a spike at 10am.
Over 90% of Financial Firms Lack Upskilling and Regulatory Preparedness in Generative AI Adoption, According to the EY AI Survey
- 1 month 5 days ago
- Artificial Intelligence
UK financial services firms are facing significant challenges in integrating Artificial Intelligence and Generative AI technologies, according to the EY European Financial Services AI Survey. Despite AI adoption efforts, many firms remain in the early stages of implementation, hindered by gaps in workforce upskilling and regulatory readiness.
Gatehouse Bank and ColCap UK Announce Home Finance Partnership
- 1 month 5 days ago
- Islamic Finance
Gatehouse Bank plc has today announced a new partnership with ColCap Financial UK Limited. The Bank offers Shariah-compliant ethical savings products for UK customers, as well as residential property finance in England and Wales for UK Residents, UK Expats and International homebuyers and landlords.
Shastic Announces Partnership with MeridianLink to Provide AI Workflow Automation for Banks and Credit Unions
- 1 month 5 days ago
- Banking
Shastic, the leading provider of AI-Automated Knowledge Workers for financial institutions, has announced that its platform will be integrated with MeridianLink, Inc. , a leading provider of modern software platforms for financial institutions and consumer reporting agencies.
East of England Co-op Extends Relationship With NCR Atleos, Expanding Cash Access for Local Communities
- 1 month 5 days ago
- Cash management
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that East of England Co-op has extended its relationship with Atleos to provide ATMs through the Cashzone Network across its stores.
KPay Secures Record USD 55 Million, Marking 2024’s Largest Series A Fundraise Globally in the Payments Sector
- 1 month 5 days ago
- Fundraising News
KPay Group (KPay), a one-stop financial management and business operations platform, today announced the successful completion of its first institutional funding round, raising a record USD 55 million, the largest Series A globally in the payments sector in 2024[1].
BNP Paribas’ Securities Services Business Launches New Data Management Services in Partnership with NeoXam
- 1 month 5 days ago
- Data Management
BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.
NatWest Group Innovation Team Launches New Fintech Growth Programme
- 1 month 5 days ago
- Infrastructure
NatWest Group is set to launch its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably. The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 1 month 5 days ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
Each UK SMB Lost £11,000 to Online Fraud in 2024
- 1 month 5 days ago
- Cybersecurity
According to new research released today, on average, each of the 5.5 million SMBs in the UK lost almost £11,000 (£10,800) this year through fraud. With hackers, scammers, and unethical shoppers becoming increasingly sophisticated, smaller businesses are worryingly underprepared for attacks - with nine in ten senior c-suite execs concerned for their survival as a result.
Tribe Payments Powers Up Ribbon’s Issuer Processing, Enabling Its UK Launch
- 1 month 5 days ago
- Payments
Tribe Payments, a leading digital payments and infrastructure orchestrator that specialises in issuer and acquirer processing, has partnered with digital financial platform,
Intuit and Adyen Collaborate to Help Small and Mid-Market Businesses Get Paid Faster
- 1 month 5 days ago
- Payments
Intuit Inc., the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a collaboration with Adyen, the fintech of choice for many of the world's leading businesses, to help small and mid-market businesses (SMBs) more easily manage electronic payments.
2 in 3 UK Adults Say Social Media Giants Have It in Their Power to Do More to Combat Payment Scams
- 1 month 5 days ago
- Payments, Security
Over two thirds (69%) of the UK adult population believe social media companies have it in their power to do more to prevent payment scams, according to new research* of 2,000 UK adults by Tunic Pay, an anti-fraud fintech company helping household-name UK banks detect and prevent scams before they happen, and Opinium, the market research consultancy.