E-commerce is one of the greatest business success stories of the last decade. It has created jobs, injected new dynamism into our economies, created countless ‘unicorns’ and given people, who wouldn’t otherwise have had it, access to goods and services that improve their lives.

Our spending behaviour in the UK is certainly far different from what it once was. After all, how often do you now purchase goods and services using cash or coins? For many of us, physical currency is proving to be a thing of the past. In an age of rapidly increased digitalisation, our spending habits have followed a similar fate to that of the paper map or a photo album.

Yolt, Europe’s leading third party provider (TPP) of open banking technology in Europe, has announced the appointment of Cristel Lee Leed as Chief Marketing Officer (CMO). In a newly created position, Cristel joins the executive team as Pauline Van Brakel takes on her new role as Chief Product Officer (CPO) in Amsterdam. Pauline’s move follows over three successful years as Chief Customer Officer (CCO) and reinforces Yolt’s commitment to putting customers at the heart of product strategy.

Banks and building societies that are not delivering a user-friendly digital banking experience are at risk of losing customers, most of whom expect digital channels to become more important in how they manage their finances. According to findings from a new survey of 1,000 U.K. bank and building society customers conducted on behalf of Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, customers have high expectations of digital services and their financial services providers.

Gregory Pennington, one of the UK's largest and longest established debt management companies, has integrated an Open Banking solution, provided by Equifax in partnership with AccountScore, into its annual customer review process. The technology automates an often onerous operation for customers, saving time and inconvenience, as well as significantly reducing Gregory Pennington’s operational costs.

Ever wondered what the operational differences are between multi-cloud, hybrid-cloud and public cloud? Speakers at The Cloud Migration Summit - Russell Warman, Head of Infrastructure and Operations at Auto Trader UK, and Andy Nelson, Associate Director of Informatics & Cloud Operations at Illumina, as they speak from experience about the benefits, challenges, considerations and strategy in choosing their specific cloud architecture.

Torstone Technology, a leading provider of post-trade securities and derivatives processing technology, has announced that it has signed a definitive agreement to acquire Percentile, a provider of real-time, cloud-based risk and compliance technology to global financial markets.

The word biometrics is derived from two Greek words – bio meaning “life” and metrics meaning “to measure”. Biometrics are thus biological measurements, often used in automated methods, to recognize a person based on a physiological or a behavioural attribute. In this blogpost I will explore the topic of biometric authentication in relation to payment systems and its promising role in transforming face-to-face payments in the future.

Brewin Dolphin, one of the UK’s largest wealth managers with £34.9 billion in discretionary funds under management, has selected Avaloq to transform its back office infrastructure through Avaloq’s Software as a Service (SaaS) solution.

The project will significantly enhance Brewin Dolphin’s digital capabilities at a time of increasing market competition and a need by all financial institutions to capitalise on the powerful benefits that cloud-based SaaS technologies can deliver.

Fintech lending platform, Freedom Finance, has expanded its digital capabilities with a transition to a cloud-based service.   

The new platform embraces the latest technology trends such as cloud native applications, API gateway and micro-service. The platform will deliver increased speed and efficiency for borrowers and for the lenders on Freedom Finance’s panel.