GFT: Consumers Seek More Bank Support as Debts Mount
- 2 years 1 month ago
- Personal Finance
The average British consumer has almost £2,700 of credit card debt, and more than a third have, or contemplated taking out, a payday or short-term loan to cover rising debt costs in the last 12 months, according to new research. Despite this mounting debt, over a third (39%) of consumers are not using any tools to help manage their spending. Around one in four (26%) are still using manual software such as Microsoft Excel to track their...
dLocal Secures Partnership with Kenyan Commercial Banking System
- 2 years 1 month ago
- Infrastructure
dLocal, the leading cross-border payment platform specializing in high-growth markets, has finalized a partnership agreement with the KCB Group, the commercial banking services handled by the Central Bank of Kenya, including inbound remittance services. The approval comes almost exactly one year after the country approved dLocal local entity for its first payment services license.
LoopFX Announces £2.6M Investment from Augmentum Fintech PLC
- 2 years 1 month ago
- Fundraising News
LoopFX announces a fresh round of funding with Augmentum Fintech, Europe’s leading fintech fund, who have taken a £2.6mln stake in the business. Augmentum’s Founder & CEO Tim Levene will join the Board of LoopFX, which is chaired by John Sievwright and includes experienced financial services entrepreneurs Martin Gilbert, Michael Soutar and Ivan Ritossa.
myPOS Unveils Tap to Pay on iPhone for Merchants in Germany
- 2 years 1 month ago
- Payments
UK-based payments company, myPOS, is introducing Tap to Pay on iPhone for businesses in Germany. Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhone, with no additional hardware needed. Tap to Pay on iPhone enables merchants to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets.
Glia Delivers Unified Interactions to CU*Answers’ Digital Banking Platform
- 2 years 1 month ago
- Digital banking
Glia, the leader in customer interaction technology, today announced a strategic partnership with CU*Answers, a credit union service organization (CUSO), to unify member interactions within its digital banking platform. The partnership will provide credit unions with the ChannelLess® tools needed to drive efficiencies, loyalty and conversions.
Banca AideXa Secures €16M led by ConfCommercio
- 2 years 1 month ago
- Fundraising News
Italian fintech Banca AideXa, specializing in digital lending for micro and small businesses, has raised €16 million in new capital. This funding brings their total raised capital to €96 million and includes Italy’s largest business association, ConfCommercio, as a new investor.
Mastercard Move Collaborates with Urpay to Enable Convenient and Secure Cross-border Payment Services
- 2 years 1 month ago
- Payments
As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions.
Wearable Paytech Provider MuchBetter Launches Contactless Payment Ring for Free in Italy
- 2 years 1 month ago
- Payments
MuchBetter, the wearable payments tech pioneer, has today launched a free contactless ceramic payments ring in Italy giving consumers more convenient, stylish and enjoyable ways to pay by removing initial cost barriers to wearable tech.
GoCardless Partners with Celigo to Scale Indirect Customer Acquisition Globally
- 2 years 1 month ago
- Payments
Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels.
Nexi Extends Tap to Pay on iPhone to Merchant Customers in Germany
- 2 years 1 month ago
- Payments
Nexi, the European PayTech, now enables merchants in Germany to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone and will continue to expand the availability of Tap to Pay on iPhone to its customers in Europe where the service is available. This follows the launch of the same functionality from Apple for merchants in Italy at the end of May.
Ecommpay Announces Partnership with BigCommerce
- 2 years 1 month ago
- Payments
Ecommpay, the end-to-end payments platform for e-commerce, has added BigCommerce to its list of integrations with popular CMS and e-commerce platforms, offering an advanced payment ecosystem built for optimum conversion and growth. BigCommerce is a leading open SaaS, composable e-commerce platform powering tens of thousands of stores in over 150 countries around the world.
German Challenger C24 Extends Partnership with Mambu After Successful Bank Launch
- 2 years 1 month ago
- Banking
Mambu, a leading cloud banking platform, and C24 Bank, a fully regulated and BaFin-approved bank have announced an extension to their ongoing partnership following a successful initial launch of the greenfield digital retail bank.
Gr4vy Expands Partnership with Trustly in Europe
- 2 years 1 month ago
- Payments
Gr4vy, a leading cloud-native payment orchestration platform (POP), is extending its partnership with Trustly, the global leader in open banking payments, to launch in Europe.
Thredd Appoints Matt Swann as Non-Executive Director
- 2 years 1 month ago
- People Moves
Thredd, the leading ‘next-gen’ payments platform, today announces the hire of Matt Swann as Non-Executive Director (NED).
Digital IDs from Yoti, Post Office, and Lloyds Bank Are Accredited by PASS for Proof of Age
- 2 years 1 month ago
- Payments
The three Digital ID Connect apps - Yoti ID, Post Office EasyID and Lloyds Bank Smart ID - are now accredited by the UK’s national Proof of Age Standards Scheme (PASS). This gives UK businesses selling age-restricted goods and services more trust in Digital IDs, having confidence they are genuine and that customers have been verified to a high standard. Each of the Digital ID apps includes the approved PASS hologram.
