E-commerce card purchases continue to gain momentum as pandemic-driven habits remain popular and e-commerce card payments have become increasingly convenient, secure and widely available

Online payments account for a fifth of payment card spending 

With buy now, pay later data now appearing on consumer credit reports, its popularity has not wavered, as recent research from information and insights provider TransUnion confirms.

TransUnion – the first UK credit reference agency to accept buy now, pay later data into credit reports – has revealed that nearly four in 10 (38%) UK adults use these payment services when shopping online, which is consistent with the previous year.

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it was selected ‘Best Cyber Security Service’ at the Private Equity Wire (PEW) US Emerging Managers Awards. 

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, today announced the appointment of Luz Mabel del Valle as new Chief Risk Officer (CRO) and Deputy Chief Compliance Officer (CCO), effective immediately. 

As CRO, del Valle will serve on the executive team and lead all risk management functions including financial, product, operational, and enterprise risk. 

Aevi, a top player in the integration of digital and physical payment channels, has successfully launched its first pilot merchant on the TSYS processing platform in collaboration with Vivid Payments. With its expertise in streamlining checkout processes and providing access to transaction data, Aevi is revolutionizing in-person payments and providing a seamless payment experience for merchants and customers alike.

Open banking is worth over £4billion to the UK economy. With over 7 million users, and monthly average of 8 million payments made using the technology each month, it is a major UK fintech success story, driven by forward-looking regulation. 

OneStream Software, a leader in corporate performance management (CPM) solutions for the world’s leading enterprises, today announces the launch of the OneStream Solution Exchange. The Solution Exchange builds on the success of the OneStream MarketPlace and the inaugural OneStream Wave Developer conference to further enhance the OneStream platform development experience with the addition of partner-built and community-shared solutions.

Brightwell, a payments technology company that builds financial products to send money securely anywhere in the world and one of the leaders at the forefront of innovative fintech solutions, announced today that it has hired Robert Berris as the company’s first Chief Innovation Officer.

Since 2011, Skaleet, a fintech company, has been developing innovative tools to transform the banking experience for millions of consumers. These tools are in use by financial providers on all five continents. Today, Skaleet announces a module that will enable banks and credit institutions to process loans in a few minutes and then easily manage those loans from initial application to loan servicing, and to debt collection. 

The recommendations published today by the Joint Regulatory Oversight Committee (JROC) are an extremely positive milestone for Open banking in the UK. They both recognise the dramatic success of Open Banking to date and outline a vision to ensure the continuation of the UK’s global leadership in this area.