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LINK Protects Free Access to Cash for Every UK High Street

Responding to the rapid and unprecedented decline in cash usage by UK consumers, LINK, the country’s main cash machine network, has announced that funding will be made available to protect free access to cash for every high street in the UK.

From today, should a high street be threatened with the loss of an ATM or Post Office, LINK will step in to ensure that an ATM is made available and paid for with funding from all the UK’s main banks and building societies.

Thursday, August 29, 2019 - 13:13
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PayActiv Streamlines Earned Wage Access with Fiserv

Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced today that PayActiv will enhance employee financial wellness by streamlining access to earned wages with money movement capabilities

Thursday, August 29, 2019 - 11:26
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PPRO rebrands signifying a look to the future of payments

PPRO, the cross-border e-payments specialist has rebranded, marking a shift in both the future of the company and the payments industry.

Thursday, August 29, 2019 - 11:21
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Financial IT
Financial Data Exchange welcomed Visa and Mastercard

The Financial Data Exchange welcomed eight new members between May 1 and July 31, 2019, bringing the total membership to 55 organizations spanning the full breadth of financial services ecosystem, from financial institutions to data aggregators, banking core processors and fintechs.

Thursday, August 29, 2019 - 11:20
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MHB-Bank becomes Raisin Bank – Focus on Banking-as-a-Service for Fintechs

The Berlin-based fintech Raisin continues to expand. Following the successful conclusion of ownership control procedures by Germany’s Federal Financial Supervisory Authority (known as BaFin), Raisin has taken over MHB-Bank as sole owner, thus becoming the first fintech in Germany to buy a bank. Since Raisin launched in 2013, the Frankfurt-based bank has been Raisin’s servicing bank in Germany and Austria. From this business partnership a close cooperation has developed.

Thursday, August 29, 2019 - 11:01
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/news/banking/mhb-bank-becomes-raisin-bank-focus-banking-service-fintechs
Inefficient Procurement Processes are Costing UK Businesses Almost £2m per Year

Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual procurement processes, which is costing UK businesses on average £1.94m annually* and limiting procurement teams’ ability to deliver more strategic value.

Thursday, August 29, 2019 - 10:56
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/news/cloud/inefficient-procurement-processes-are-costing-uk-businesses-almost-ps2m-year
Financial IT
BearingPoint, Berlin Hyp, SAP and okadis develop solution for the integration with SAP FSDM in regulatory reporting on Abacus360 Banking

BearingPoint RegTech, one of the leading providers of Regulatory and Risk Technology (RegTech/RiskTech), announced today that they are developing a solution for the integration of the SAP Financial Services Data Management (FSDM) data model on Abacus360 Banking for use in regulatory reporting in a joint project with their customer Berlin Hyp and cooperation partners SAP and okadis Consulting GmbH.

Thursday, August 29, 2019 - 10:52
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Blockchain Live returns to London for its third year on the 25th of September

Blockchain Live returns to London for its third year on the 25th of September, gathering industry leaders and innovators to discuss the applications and impact of blockchain across various industries.

Thursday, August 29, 2019 - 07:42
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Financial IT
Empaxis launches TAMP1 with InvestCloud

Empaxis has selected InvestCloud, Inc. to launch a new Turnkey Asset Management Platform, TAMP1. The product has been designed to provide complete outsourcing of all operations for small- to medium-sized investment managers.

Thursday, August 29, 2019 - 07:37
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Cashfac announce App Store launch of small business banking and cash flow forecasting app

Cashfac PLC, the global provider of back office operational cash management software, have announced the live launch of their new banking and cash flow forecasting app for small businesses – Slide – as a free-to-download app on Apple’s App Store.

Wednesday, August 28, 2019 - 18:36
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Financial IT

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