Policy Expert, the digital home insurer, is celebrating two award wins, having been named a ‘National Winner’ in the 2019 European Business Awards – one of the world’s largest business competitions – as well as ‘Best Financial Services eCommerce’ at the eCommerce Awards 2019.
The insurtech firm has been recognised at the European Business Awards as the best business in the UK among its peers for innovative use of technology.
P.F.C. (Personal Finance Co.), the Stockholm-based neobank, today announced that it has gone live on Mambu’s leading SaaS banking engine. Ten months after the initial launch, P.F.C. sustains a monthly growth rate of 35% and has rapidly gained a foothold in Sweden’s competitive fintech market. The partnership helps P.F.C. accelerate the deployment of its innovative features and products aimed at simplifying everyday financial use.
Last year Gartner, the high-standard research institute, painted a rather realistic scenario for blockchain. In one of its research papers, Gartner stated that its latest technology hype cycle puts blockchain beyond the peak of expectations and is currently sliding down towards the trough of disillusionment stage. They estimated a 5-10 year timescale before it enters the plateau of productivity, or mainstream.
Neptune Networks Ltd. (Neptune) the fixed income network for disseminating real-time data, today announced the addition of NatWest Markets to its bond dealer community, making it the 29th participating bank to join the network.
The Neptune network provides a venue for investors to consume the highest-quality data, including bond axes/inventory, from their most trusted bank counterparts. This enables institutional investors to be more effective and targeted when looking to execute large sized orders in products such as corporate and emerging market bonds.
Ingenico Group, the global leader in seamless payments, is proud to announce its new partnership with high-street retail icon, M&S. Both companies will work together to implement a new payment service that will encompass all M&S customer touch points and digital channels, which are critical to supporting its sales and customer experience ambitions.
Visa is looking to cosy up to fintech firms through the launch of an online portal giving them "unprecedented" access to its technologies and network.
Visa estimates that some $17 trillion in consumer payments are still made with cash or cheques, and that there are 1.7 billion people around the world who are still outside of the formal financial sector.
StrongSalt, a California-based startup, has raised $3 million in a seed financing round from Valley Capital Partners, the company announced on Thursday.
With the freshly raised funds, the company is planning to develop its encryption platform-as-a-service for developers and enterprises.
Belgium's KBC has added PayPal balances and transactional information to its mobile bank account aggregation app.
KBC says the move to add PayPal followed a consultation with customers in which one-third of users said they would like to check their PayPal accounts via KBC Mobile. Within two days, over 5000 customers had synched up their Paypal account within the banking app.
The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank.
Credit transfers and direct debits were the second and third most common non-cash payment methods, accounting for approximately 23% each, while e-money and cheques together made up around seven percent.
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