23% of People Consider Cybersecurity Posture when Choosing a Bank, as Customer Expectations Move Beyond Compliance
- 2 years 2 months ago
- Security
Almost a quarter (23%) of US and UK consumers have said that a bank’s approach to cybersecurity is a factor when they consider opening an account, emphasizing the prominence of cybersecurity in consumer decision-making in an increasingly digital landscape. A further 36% stated that while cybersecurity isn’t a factor in selecting their bank, if they were aware of a major data breach, it may influence their selection.
ClearBank Grows Income 91% to £111.3m, More than Doubles Deposits to £6.1bn
- 2 years 2 months ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today presents the results from its 2023 Annual Report. It shows ClearBank’s first full year of profitability, with strong growth in income, platform and transaction fees, deposits, and clients.
CAB Payments Secures European Payment Service Provider Licence to Expand Into Europe and Accelerate Growth Strategy
- 2 years 2 months ago
- Payments
CAB Payments Holdings today announced it has expanded into the European Economic Area (EEA) with the establishment of CAB Europe BV, trading as CAB Payments Europe. CAB Payments Europe has secured a payment service provider licence with De Nederlandsche Bank N.V., (DNB) to provide services in the Netherlands and the ability to exercise passporting rights to offer its services across the EEA.
Liberis and Shop Circle Partner to Launch E-commerce Small Business Funding in the UK and US
- 2 years 2 months ago
- E-Commerce
Liberis, the leading global embedded finance platform, announced a partnership with Shop Circle, the number one e-commerce software provider. Shop Circle Capital, powered by Liberis, is designed to offer instant, hassle-free funding. This partnership will enable Liberis to expand its reach within the e-commerce industry through Shop Circle to enable merchants with flexible funding solutions.
Raphael Bres Returns to Tradeshift as Chief Product & Technology Officer
- 2 years 2 months ago
- People Moves
Tradeshift, the B2B e-commerce and fintech platform, today announces Raphael Bres has rejoined the company as Chief Product & Technology Officer (CPO). Raphael will spearhead strategic product innovation and technological transformation across Tradeshift’s portfolio of solutions.
Lending Standards Board Appoints Powerhouse Trio as Non-Executive Directors
- 2 years 2 months ago
- People Moves
The Lending Standards Board (LSB) has added a wealth of policy and governance expertise to its Board with the Non-Executive Director appointments of broadcaster Iain Dale, economic authority Paul Johnson CBE and charity sector leader Caron Bradshaw OBE. Iain, Paul and Caron replaced Liz Barclay and Graham Peacop, who have stepped down as LSB Non-Executive Directors at the end of their terms, on 1 April.
Ecommpay Strengthens its Position in the UK and EU by Adding Bacs & SEPA Direct Debit Capabilities
- 2 years 2 months ago
- Payments
Leading international Payment Service Provider and UK & Europe direct bank card acquirer Ecommpay has launched Direct Debit payments for UK and EU businesses in collaboration with bank payment company GoCardless.
CaixaBank Studies the Prevention of Cyberthreats by Using AI Tools
- 2 years 2 months ago
- Security
CaixaBank will be part of two European consortia to prevent cyberthreats and provide a faster and more secure response in the face of potential incidents. Via two projects financed by the European Commission under the scope of the Digital Europe programme, the bank will implement AI tools to generate solutions and services that contribute to increasing the security for activities carried out by financial institutions.
Visa Brings Convenience and Control to Booming Subscription Economy
- 2 years 2 months ago
- Payments
The global subscription economy is on a steady rise, expected to reach a staggering $406B by 2025. As the trend of consumers subscribing to services in sectors such as retail, food, and more increases, so does the challenge of managing their payments.
TD and Google Cloud Enter Into a Strategic Relationship to Power Innovative Banking Experiences
- 2 years 2 months ago
- Banking
TD Bank Group (TD) and Google Cloud today announced a multi-year strategic relationship. TD will add Google Cloud services to its portfolio of data-driven technology solutions to support its delivery of innovative banking experiences. Google Kubernetes Engine (GKE) already supports TD Securities Automated Trading (TDSAT), designed to enable TD Securities to adapt and quickly respond to changing market and client needs in a fast-paced environment.
LHV Bank Increases Share Capital by £21M to Support Business Growth
- 2 years 2 months ago
- Banking
LHV Bank, one of the UK’s newest licensed banks, has increased its share capital by £20.9m to support its growth ambitions. Following the additional capital investment by the Bank’s sole shareholder, LHV Group, completed in the last week, the share capital of LHV Bank is £75m.
Travelex Launches Click-and-collect in Hong Kong
- 2 years 2 months ago
- Personal Finance
Travelex, a market-leading foreign exchange brand, has launched its online click-and-collect service in Hong Kong, enabling customers to purchase their travel cash in advance online, at Travelex’s best exchange rate.
Byte Federal Launches Point of Sale System for Merchants Seeking to Accept Bitcoin
- 2 years 2 months ago
- Cryptocurrencies
Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect
Benjamin Capital Partners Secures Seed Round To Ignite Future Growth
- 2 years 2 months ago
- Fundraising News
Benjamin Capital Partners announced today the closing of a seed round, raising a total of $5.5 mil. from Play Ventures & F4 Fund. Other prominent investors in the round include inventor, investor, and serial entrepreneur Anton Gauffin; tech CEO and 20-year payment veteran Shane Happach; and Ilkka Teppo, founder of Reworks. The raise will serve to aggressively fuel growth for the Benjamin cash rewards app, which has generated robust consumer...
Innoviti Raises Rs. 40 Crores in First Close of Series E Round
- 2 years 2 months ago
- Fundraising News
Innoviti Technologies Pvt. Ltd., India’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it has done a Rs. 40 Cr. first close of its ongoing Series E round. The round was led by Bessemer Venture Partners and Patni Family Office, with the rights issue subscribed by early angels and founders.
