Following confirmation that adults in Northern Ireland will be able to apply for a £100 pre-paid card to spend at high streets across the country at the end of summer 2021[i], digital payments expert PayPoint is stressing the importance of flexible pay out options that benefit all businesses and consumers alike.

CFOs across the UK warn that cashflow and overspending are the main barriers to their organisation’s financial recovery. The research, commissioned by Soldo, a European pay and spend automation platform, found that 60% of CFOs are forecasting that their business will not recover to pre-pandemic levels until October 2022.

Robust US Factory Activity Fails to Boost Dollar

Clim8 Invest (Clim8), the investment platform for consumers to make a positive impact on climate change, has announced it has secured up to £2 million investment from Channel 4 Ventures, the UK's largest ‘media for equity’ fund. The partnership will enable Clim8 to exponentially increase brand awareness as it looks to achieve its mission to empower millions of people to have a positive impact on climate change.

 Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that its wholly owned FCA regulated subsidiary has secured the scheme licenses to continue acquiring and processing Mastercard and Visa payments for merchants based in the United Kingdom (UK) beyond the expiry of the FCA Tem

Today FICO is celebrating the achievements of its customers and their achievements with AI, machine learning and decision management. The 12 winners of the 2021 FICO® Decisions Awards have demonstrated extraordinary innovation in very different industries and markets.
More information: https://www.fico.com/en/fico-decisions-awards-2021

London-based lender 365 Business Finance has formed a new strategic partnership with payment solutions provider PayXpert, one of the many valuable partners aligned with during the pandemic.

Through such partnerships, 365 Business Finance has been able to double the number of enquiries received for merchant cash advances*, compared to pre-Covid volumes.

Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round. 

EMV® contactless payment terminal requirements have been updated by global technical body EMVCo to help enable a more reliable and consistent payment experience through the addition of IQ demodulation requirements. The development reflects consumer use of an increasing range of card technologies, self-powered payment devices such as smartphones, and wearables to perform transactions.