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Digital Cross-border Remittances to Reach $428 Billion in 2025, as Digital Solutions Prove Resilient During Pandemic

A new report from Juniper Research has found that digital cross-border remittances will grow from $295 billion in 2021 to $428 billion in 2025, with digital transactions returning to pre-pandemic values by 2022.

Tuesday, June 22, 2021 - 09:28
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Financial IT
New Corinium Research Report Reveals Data Privacy Compliance Top Priority for Companies, Yet Nearly Half Not Concerned About Regulatory Fines

Market research firm Corinium today released a new report, The Intersection of Data Privacy and Cybersecurity, which examines how data privacy, governance, and security leaders are empowering cyber-secure digital transformations within their organizations. Research uncovered that the vast majority of participants (94%) ranked data privacy compliance as a top priority for their organization.

Tuesday, June 22, 2021 - 09:20
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Financial IT
Sterling Surge Leads FX Higher, Dollar Pauses, Stocks Rebound

Fed’s Powell: Inflation Increased, But Remains Transitory

Tuesday, June 22, 2021 - 06:56
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Financial IT
Comment and Data on new £50 Note from Largest UK ATM provider - Cardtronics

Marc Terry, International Managing Director for Cardtronics said:

Monday, June 21, 2021 - 18:04
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Financial IT
Why Fintech 2.0 Now?

After a decade of being at the core of the financial services industry, having thousands of conversations with the brightest minds on our stages, hosting hundreds of workshops, and getting in the trenches with leaders solving real-world challenges, for the first time in our history, Money20/20 is proud to release our expert predictions in a thorough report about where our industry is headed over the next five years.

Monday, June 21, 2021 - 17:21
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Financial IT
Breakthrough for Data Sector as Nimble Learn Announces Launch of Analysis-Ready Open Data Blend

London-based analytics company Nimble Learn has announced a breakthrough in the accessibility of large and complex open data sets.

Open Data Blend is the collective name for a set of services that are designed to produce analysis-ready open data and reduce the time and cost of sifting through large open data sets.

It’s primarily aimed at data engineers, data analysts and data scientists, with potential applications in areas as diverse as pharmaceuticals, road safety and car maintenance.

Monday, June 21, 2021 - 17:06
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Financial IT
The Advantages and Disadvantages of Central Bank Digital Currencies

A Central Bank Digital Currency (CBDC) is essentially a regular currency but in a digital form, so it would still be highly regulated. There are three major advantages to CBDCs, the first being efficiency and governance. With digital currency, central banks don’t need to print cash or hold physical money. 

Monday, June 21, 2021 - 16:55
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Financial IT
SmartSearch warns against rushing AML to beat SDLT

Leading UK RegTech specialist SmartSearch has warned against the dangers of rushing through anti-money laundering checks, in a bid to beat the upcoming stamp duty holiday deadline at the end of June.

Thousands of homebuyers are expected to benefit from the temporary lifting of Stamp Duty Land Tax (SDLT) for properties worth up to £500,000 in England and Northern Ireland, following the decision to extend the holiday from March.

Monday, June 21, 2021 - 16:39
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Financial IT
Scienaptic Partners with 700Credit to Combine the Power of AI and Credit Data for Automotive Industry

Scienaptic, the world’s leading AI-powered credit decision platform provider, announced its partnership with 700Credit, the global leader in credit data for the automotive industry. This alliance will enable Scienaptic to tap 700Credit’s credit and compliance reports to enhance decisioning for its auto lending clients.

Monday, June 21, 2021 - 15:54
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Financial IT
Clearpay Reaches Two Million Active Customers

Clearpay, a leader in “Buy Now, Pay Later” payments known as Afterpay (ASX: APT) outside the U.K. and Europe, announced that it has reached two million active customers in the UK, just as the business introduces its first major global brand campaign, ‘Pay Better’. 

Pay Better

Monday, June 21, 2021 - 15:23
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Financial IT

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