Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the successful launch of ‘Yolt Pay Beta’ just two months ago with six of the major high street banks, the app is now extending its test phase offering.

InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast Asia, Europe and the Americas, has announced a partnership with The Root Academy (R66T Academy), the cricket coaching academy founded by the family of the England test cricket captain, Joe Root.

Rabo eBusiness, the world’s first bank-led Digital Identity Service Provider, has been recognised by bobsguide as the winner of its Best Retail Banking System Integration Award. The partnership between Rabobank, a financial institution, and Signicat, a leader in verified digital identity solutions, has now been recognised by a series of award wins and shortlistings since its launch.

Helene Jepson has been appointed Chief Compliance Officer and Head of Group Compliance. She will report to Chief Risk Officer, Head of Risk & Compliance Matthew Elderfield. She will join Nordea by 1 September 2019.

Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25^th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, into a ground-breaking festival of content and collaboration.

The rush to close high street bank branches may be premature, according to the latest research from digital product agency, Somo. Young adults (18-24) starting out on their banking journey claim to use a bricks and mortar branch more than 25-44 year olds.

To understand why APMs are become increasingly important in B2B payments, let’s first clear up some confusion:

What are APMs?

APM is a catch-all term to describe any payment method that does not require the use of a credit or debit card. There are three main types:

Imagine you have a short-term cash need [university fees for your kids] but you do have some long-term bonds in your investments portfolio. Wouldn’t it be great if your bank allows you to temporarily block these assets and get a short term loan facility to bridge the gap?

Lending against liquid assets that customers hold within their bank, is an underexploited market opportunity. If delivered well with the right level of automation and self-service capability, it creates great value for banks and their customers. Below we give an overview of some of these benefits.

Ingenico Group, the world leader in integrated payment solutions, has today announced its work with Europe’s leading fancy dress costume and merchandise shop,Funidelia.

 Funidelia was established in 2011 when co-founders Carlos Larraz (CEO) and Toño Escartin (chief business development officer) spotted a gap in the market for a Europe-based fancy dress supplier, having seen friends import costumes from the US and paying costly customs taxes and shipping costs.

SunTec, the leader in revenue management, relationship-based pricing, billing, and customer experience orchestration, announced the successful rollout of Customer Centricity System, powered by SunTec Xelerate^®, at MSB (formerly known as Maritime Bank), Vietnam. This implementation will further empower MSB with additional capabilities to innovate, offer and effectively manage customer centric products & services for each target segment as well as bring delight for its valuable customers through personalized offers at a customer level.