A survey has revealed that nearly a third of UK employees (31%) do not check their payslips regularly.

This is despite one in seven (15%) of the 1129 employees surveyed by IRIS Software Group indicating that they were worried about the accuracy of their payslips. 

The research showed that somewhat surprisingly, it was people working in the finance and accountancy sectors that were among the least likely to regularly check their payslips (41%), along with those employed in media, marketing and sales (47%) and education (42%). 

Equiniti, an international technology-led services and payments specialist, is delighted to announce that it has opened EQ Tek, a new R&D facility for its client-facing applications.

Headquartered in Krakow, Poland, EQ Tek will create an additional 150 roles for high-calibre developers as well as systems and UX experts within Equiniti. The team will be developing best-in-class applications and product delivery systems across all divisions of the business.

According to Jalal Orujov, a Member of the Executive Board and Chief Operating Officer at PASHA Bank, the new EFTPOS network management system opens up additional opportunities for the bank. "In addition to automating payments and optimizing the EFTPOS deployment, the new system provides comprehensive online workflow monitoring, as well as receiving additional information about each payment made in the terminal network.

Open banking platform Tink has strengthened its commitment to the UK and Irish markets by appointing Stripe’s former head of EMEA banking, Rafael Plantier, as its new Country Manager for the UK and Ireland. 

Singapore's DB Bank is teaming up with commodities trading house Trafigura to develop an open-sourced blockchain trade platform.

JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.

Southeast Asia's leading FinTech platform for digital businesses, Xfers, has launched its first blockchain-enabled initiative to further the goal of building an open financial ecosystem to enable financial inclusion in the region. With the launch of StraitsX, its pilot stablecoin initiative powered by Zilliqa, Xfers aims to create a frictionless and transparent payments ecosystem for Southeast Asia.

Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect-R™, a Vulnerability Management as a Service (VMaaS) platform.  DrawbridgeConnect-R continuously analyzes a firm’s vulnerabilities - rather than providing a mere point in time vulnerability assessment – and helps firms identify, prioritize and remediate organizational cybersecurity weaknesses that leave data at risk.

Finance transformation with analytics

Finance transformation is all about improving the overall value that finance provides, but with finance teams under increasing pressure to do more with less, this is something that is becoming increasingly difficult.

It’s estimated that 81% of finance teams are currently undergoing finance transformation, yet research by Gartner reveals that seven out of 10 finance transformations fail.