Two-Thirds of Brits Use Retail Credit to Pay for Christmas

• 1 year 3 months ago
• Lending

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.

eKeeper Launches as finova Broker

• 1 year 3 months ago
• Lending

finova Broker, formerly known as eKeeper Group, today launches as a dedicated arm of the finova brand, bringing a fresh, focused approach to supporting the needs of the intermediary sector. The launch of finova Broker as a distinct entity within the finova group is a natural evolution in the company’s commitment to mortgage brokers. As a result, there will be strengthened investment in tailored CRM solutions designed to meet brokers' unique...

Tide Launches New Carbon Calculator To Help SMEs Reach Net Zero

• 1 year 3 months ago
• Infrastructure

Tide, the leading business financial platform in the UK, has launched an automated carbon calculator developed in partnership with carbon measurement pioneer Connect Earth. The new tool will allow Tide’s 650,000 UK members (customers) to view an estimated and categorised understanding of their carbon emissions. 

Cardo AI Announces $15M Series A Funding Co-Led By Blackstone, FINTOP Capital, And JAM FINTOP

• 1 year 3 months ago
• Fundraising News

Cardo AI, a next generation asset-based finance and private credit technology platform, has completed its $15mn Series A round. The investment was co-led by Blackstone Innovations Investments, Blackstone's early-stage strategic investment arm, FINTOP Capital and JAM FINTOP. Andy Horwitz and Kevin MacDonald, co-founders of Black Mountain Systems, also participated in the round.

tell.money Selected as Open Banking Gateway Provider for Monese, Expanding EU Coverage and Streamlining TPP Integration

• 1 year 3 months ago
• Banking

tell.money, a leading provider of open banking solutions, today announces its appointment as the official open banking gateway provider for Monese, the award-winning mobile money app. This strategic partnership arrives at a crucial time when embedded finance solutions are experiencing unprecedented growth in the UK and EU markets.

Inn-Flow Partners With DailyPay To Help Boost Hotel Staff Financial Flexibility With New Integration

• 1 year 3 months ago
• Financial

Inn-Flow, the all-in-one operations software for hoteliers, announces its new integration with DailyPay, a worktech company and leading provider of earned wage access. This new integration allows hotel owners, managers, and operations teams to offer staff choice and control over their earned pay, increasing employee satisfaction and boosting their financial flexibility.

Mastercard Collaborates With New Africa Technology To Launch Fintech Card In Senegal, Côte D'Ivoire, And Benin

• 1 year 3 months ago
• Payments

New Africa Technology (NAT), a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d'Ivoire, and Benin.

CaixaBank Sets Business Growth And Transformation As The Pillars Of Its New Strategic Plan

• 1 year 3 months ago
• Infrastructure

CaixaBank has unveiled its new 2025–2027 Strategic Plan in a bid to ensure sustainable levels of profitability above 15% (ROTE) to boost the growth of loans to companies and households, which is expected to grow by 4% CAGR over the next three years. Maintaining this profitability will enable CaixaBank to continue remunerating its 558,000 shareholders adequately, including the FROB and ‘la Caixa’ Foundation, which will then be able to continue...

From Cash To Contactless: Understanding The Future Of Payment Habits Across The UK

• 1 year 3 months ago
• Personal Finance

New research from NatWest has revealed the continued fast pace of change in the payment behaviors of people across the UK.

Payhawk Partners With J.P. Morgan Payments To Boost Innovation

• 1 year 3 months ago
• Payments

Payhawk, the global spend management solution, today announced it has selected J.P. Morgan Payments, a global payments leader, to enhance its global payment services for enterprise customers in the UK. This collaboration further strengthens Payhawk as a financial institution and demonstrates a mutual commitment to technological innovation.

MANTL Names Pinwheel Preferred Partner For Direct Deposit Switching

• 1 year 3 months ago
• Banking

Emily Turner Appointed as CEO of HSBC Innovation Banking UK

• 1 year 3 months ago
• People Moves

HSBC UK Bank plc announces the appointment of Emily Turner as CEO of HSBC Innovation Banking UK, with effect from February 2025 subject to regulatory approval.  

Adyen Goes Live With Tap To Pay On iPhone With Launch Partner NewStore In New Zealand

• 1 year 3 months ago
• Payments

Adyen, the global financial technology platform of choice for leading businesses, brings Tap to Pay on iPhone to its New Zealand retailer customers. By partnering with NewStore for the launch, businesses including Lorna Jane and R.M.Williams can now accept contactless payments using only an iPhone and the NewStore Associate iOS app. 

KPMG Invests $100M In Google Cloud Alliance To Accelerate Enterprise Adoption Of AI

• 1 year 3 months ago
• Investment

KPMG LLP and Google Cloud today announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises. KPMG will make a landmark $100 million investment in its Google Cloud practice, which KPMG estimates will drive $1 billion in incremental growth for the firm.

Spendesk Partners With Adyen To Accelerate SMB Innovation With Embedded Payments And Financial Services

• 1 year 3 months ago
• Payments

Adyen, the financial technology platform of choice for leading businesses, has today announced its long-term strategic partnership with Spendesk, the complete spend management platform for medium-sized businesses.