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Defining the Open Finance Balance - is PSD3 Enough?

With the global transaction value of digital payments expected to hit US$9.46 trillion for the first time this year, the latest version of the regulation that governs all digital payments and open finance in Europe has been announced.

Tuesday, August 15, 2023 - 06:40
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/blog/openfinance/defining-open-finance-balance-psd3-enough
Financial IT
Tonik and FC Home Center Partner for Shop Installment Loans

The Philippines’ First Neobank Tonik Digital Bank proudly announces the launch of its Shop Installment Loan to FC Home Center stores. The partnership pushes to enhance the shopping experience of customers in the consumer durables market.

Customers will now have access to 15-minute loan approvals and hassle-free and flexible financing in the Tonik app, ultimately fast-tracking processes and eliminating lengthy traditional loan application procedures.

Tuesday, August 15, 2023 - 06:33
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/news/digital-banking/tonik-and-fc-home-center-partner-shop-installment-loans
Financial IT
Xverse Raises $5 Million in Seed Funding Round Led by Jump Crypto

Xverse, a Bitcoin Web3 wallet, including NFTs through a method called Ordinals, has secured significant backing in its latest seed round.

The company raised $5m in a seed round that was led by prominent industry investor Jump Crypto.

Monday, August 14, 2023 - 15:46
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/news/fundraising-news/xverse-raises-5-million-seed-funding-round-led-jump-crypto
Financial IT
Deko and Aero Commerce Partner to Provide Checkout Finance Solutions for Merchants

Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities. Among the checkout finance capabilities available through this partnership, Aero has directly integrated Deko's Newpay product, a digital credit account, that improves conversion rates and encourages repeat spending.

Monday, August 14, 2023 - 14:18
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/news/alternative-finance/deko-and-aero-commerce-partner-provide-checkout-finance-solutions-merchants
Financial IT
Cutting-edge Power Electronics Research to be Shared at PCIM Asia Conference 2023

The leading conference for power electronics in Asia returns to Shanghai this year, gathering leading experts and academics from across the country and beyond to share the latest findings and technology within power electronics, intelligent motion, renewable energy and energy management. Highlighted areas include wide-bandgap devices, power semiconductors, packaging technology and more.

Monday, August 14, 2023 - 13:15
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/news/infrastructure/cutting-edge-power-electronics-research-be-shared-pcim-asia-conference-2023
Financial IT
Cost-of-doing-business Crisis: 2023 is the Worst Trading Environment in 15 Years According to International SMEs

New research from global SME funder, Bibby Financial Services, reveals that 2023 is the worst economic environment for small and medium-sized enterprises (SMEs) in 15 years. 

Findings from the 2023 Global Business Monitor, which surveyed SME owners and decision-makers from nine countries, show inflation (55%), energy costs (49%) and uncertainty over local economies (28%) are stifling business growth in 2023.

Monday, August 14, 2023 - 12:47
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/news/trading-systems/cost-doing-business-crisis-2023-worst-trading-environment-15-years-according
Financial IT
New Research Reveals Lack of Trust and Dissatisfaction Among Retail Banking Customers as Consumer Duty Comes into Effect

New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.

Monday, August 14, 2023 - 12:03
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/news/retail-banking/new-research-reveals-lack-trust-and-dissatisfaction-among-retail-banking
Financial IT
Unleashing the Crypto Revolution: How Fetch AI and Pikamoon are Transforming the Blockchain Landscape

Change is the only constant, and the crypto industry is no exception. New age cryptos like Fetch.AI and Pikamoon are changing the face of the game. They are redefining what is possible through their disruptive blockchain technology.

Experts believe these two unique coins are two of the many interesting cryptocurrency projects at the forefront of blockchain technology and innovation.

Monday, August 14, 2023 - 11:48
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/blog/crypto-blockchain/unleashing-crypto-revolution-how-fetch-ai-and-pikamoon-are-transforming
Financial IT
Joe Redmond Appointed CEO of Paytrix Ireland to Drive Compliance and Expansion Plans Across Europe

Paytrix, the pioneering fintech firm that simplifies global payments for high-growth businesses, today announces the appointment of renowned Irish financial services entrepreneur, Joe Redmond, as Chief Executive Officer for Paytrix Ireland. With a formidable industry track record and extensive experience across payments, foreign exchange, governance, risk and compliance, Joe will oversee Paytrix Ireland’s programme of licence acquisition and regional expansion. 

Monday, August 14, 2023 - 11:42
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/news/people-moves/joe-redmond-appointed-ceo-paytrix-ireland-drive-compliance-and-expansion-plans
Financial IT
Hanley Economic Building Society chooses LMS Panel Link®

LMS, the UK’s leading conveyancer and panel management specialist, today announces that Hanley Economic Building Society has chosen LMS Panel Link® to drive efficiencies in the conveyancing process. This collaboration will allow the lender to gain access to a fully vetted panel of law firms specifically tailored to its bespoke needs. 

Monday, August 14, 2023 - 11:20
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/news/management/hanley-economic-building-society-chooses-lms-panel-linkr
Financial IT

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