Two-Thirds Of Brits Use Retail Credit To Pay For Christmas
- 1 month 3 weeks ago
- Personal Finance
Two-thirds of Brits have used or plan to use retail credit during the Christmas season. Moneyhub’s Christmas Retail Credit Report reveals that retail credit users spend an average of £1,012.55 over the holidays, with £759.71—nearly three-quarters—financed through retail credit. It also highlights how Open Banking can help lenders and retailers better serve customers and manage lending risks.
British Business Bank’s Growth Guarantee Scheme Provides Over £250M Of Lending To UK Smaller Businesses
- 1 month 3 weeks ago
- Investment
The British Business Bank today announces that its Growth Guarantee Scheme has supported more than £250m of finance to smaller businesses, since its launch as a successor to the Recovery Loan Scheme in July 2024. The Growth Guarantee Scheme is designed to support access to finance for UK smaller businesses as they look to invest and grow. The scheme works with a wide range of financial products and lenders, including term loans, overdrafts,...
Banks Can Boost Fraud Detection By More Than Ten-Fold Through Better Collaboration, Research Shows
- 1 month 3 weeks ago
- Security
Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud and Identity Report from LexisNexis® Risk Solutions.
MeaWallet Partners With Integrated Finance To Enhance Digital Wallet And Secure Card Data Access For Fintechs
- 1 month 3 weeks ago
- E-Wallets
MeaWallet, a leader in tokenization and digital payment solutions, has announced a strategic partnership with Integrated Finance, an innovative fintech IpaaS (
Cash Savings Grew By 6.2% Year-On-Year As Consumers Recalibrate Their Finances
- 1 month 3 weeks ago
- Personal Finance
The latest proprietary insight from Moneyhub, the market-leading data and payments platform, and their Financial Wellness Tracker reveals that consumer cash savings rose by 6.2% in the 12 months to October 2024.
Domino Integrates Cutting-Edge Technologies For Enterprises To Rapidly Assemble, Scale And Govern AI
- 1 month 3 weeks ago
- Artificial Intelligence
Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, today announced new platform capabilities and integrations with Amazon Web Services (AWS), NetApp and NVIDIA that help shorten AI time-to-value, and reduce cost and risk without impeding innovation. Domino is delivering a broad set of single-platform capabilities across data, development, and deployment of AI workloads anywhere —whether in...
IDEX Biometrics Brings Biometric Smart Cards To Market With Cellfie Global
- 1 month 3 weeks ago
- Digital Identity
IDEX Biometrics has entered into a commercial development agreement with South Korean smart card manufacturer Cellfie Global (formerly ICK) to design, manufacture and market biometric metal and PVC cards for bank and fintech launches in USA, Europe and Asia. This gives IDEX Biometrics full coverage across all four card manufacturers in South Korea, representing a production capacity in excess of 100 million smart cards annually, and with world...
FIS Unveils Global, Multichannel Brand Campaign To Spotlight Its Market Position As The Leading Financial Technology Behind How The World Stores, Moves, And Invests Money
- 1 month 3 weeks ago
- Infrastructure
FIS® , a global leader in financial technology, today unveils its new brand campaign, “Unlocking Financial Technology: Bringing the World’s Money into Harmony.” More than a marketing theme, the company’s campaign introduces a powerful new brand position that money has its own lifecycle, and that FIS
Moss Partners With Airwallex To Enhance And Streamline Global Payments
- 1 month 3 weeks ago
- Payments
Moss, a leading innovator in B2B spend management solutions, has partnered with Airwallex, the leading global payments and financial platform for modern businesses, to embed g
PayPal PYUSD To Bring Speed And Reduced Costs To Cross-Border Payments With Xoom
- 1 month 3 weeks ago
- Payments
Today PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom.
Klarna To Launch On Google Pay
- 1 month 3 weeks ago
- Payments
Klarna, the AI powered global payments network and shopping assistant, will soon be available on Google Pay. Starting next year, Google Pay users in the U.S. can choose Klarna’s interest-free payment options at checkout.
Papa Johns UK Prepares For Peak Season With Improved Digital Payment Experience From Checkout.com
- 1 month 3 weeks ago
- Payments
Checkout.com, a leading global digital payments company, has helped Papa Johns UK improve its payments performance and expand its payment method offerings. The result is an improved digital payments experience for Papa Johns UK customers, ensuring smooth and secure online transactions across its 400 locations nationwide.
Collabria Partners With Trulioo To Power Cardholder Digital Identity Verification
- 1 month 3 weeks ago
- Digital Identity
Collabria Financial Services, Canada’s largest credit union credit card issuer, today announced that they will partner with Trulioo, a global leader in digital identity verification. This collaboration will support a streamlined verification process for new cardholders. By integrating Trulioo capabilities, Collabria will enhance the trust and safety of their digital platforms and continue their commitment to providing secure and innovative...
Worldpay Partners With Mastercard To Introduce Virtual Card Program For Travel Agents
- 1 month 3 weeks ago
- Payments
Travel agents that sell travel bookings directly to end consumers have long been challenged by how to best manage payments to suppliers such as airlines, hoteliers and other travel service providers. Worldpay® is launching an exciting new partnership with Mastercard to improve how
Thunes Fortifies Global Compliance With Appointment Of Peter Cohen As Chief Compliance Officer
- 1 month 3 weeks ago
- People Moves
Thunes, the Smart Superhighway to move money around the world, today announced the appointment of Peter Cohen as its new Chief Compliance Officer, effective immediately. Reporting to General Counsel Ruwan De Soyza as part of the Legal & Compliance Function, Peter will play a major role in advancing Thunes' commitment to world-class compliance standards.
