Online research from Equifax, the consumer and business insights expert, reveals over a third (37%) of Brits believe the UK will be a cashless society within the next 10 years. Over half (53%) of 16-34 years olds believe we’ll be reliant on digital and card payments by 2028, compared to  just 22% of those aged 55 or above.

Path Solutions is proud to announce that its Islamic core banking platform, iMAL has received the GoodAccreditation standard for the eighth consecutive year. This accreditation is awarded to companies based on customer satisfaction across a number of system and service criteria.

The Forum of Private Business (FPB) has today called on the government to consult more widely on the needs and issues for small business.

The renewed call comes as Parliament’s Business, Energy and Industrial Strategy (BEIS) Select Committee continues its sessions looking at small businesses and productivity.

Turkish consumers will now be able to send funds to a network of over 60 countries, thanks to payments disrupter Paysend’s expansion into the country.

The Turkish expansion means consumers can send funds to any Visa, MasterCard or Unionpay card accounts across the Paysend global payout network.

Today, Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial” or “the Company”) announced that it has entered into definitive agreements with investors for its Series C equity financing totaling approximately US$14 billion. This financing round includes an RMB tranche raised by Ant Financial from domestic investors and a USD tranche raised by Ant International Co., Limited (“Ant International”), a wholly owned offshore subsidiary of the Company, from international investors. 

First lecture series: Information Technology

Gresham College, London’s oldest Higher Education Institution, is delighted to announce the appointment of Richard Harvey to IT Livery Company Professor of Information Technology.

Professor Harvey is an expert on artificial intelligence, machine learning and signal processing. In his first lecture series he will focus on the latest innovations in information technology.  

BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it is collaborating with the Government of Canada to modernize their operations centers during G7 ministerial meetings and the 2018 G7 Summit.

The world has gone chatbot crazy, certainly there is still a lot of focus on ‘virtual assistants’, as some people like to refer to them as. They are essentially used to mimic human speech where a human would be required via a messaging interface. As someone who closely works within the financial services industry, automation is certainly one of the priorities in large companies, esp. within the banking world.

A brief summary of the open banking API

Particeep designs its solutions in order to remove any technological barrier for financial institutions wishing to distribute online their products and services.

Particeep offers banks an open banking API to make accessible through a single integration and securely their repository of products and services, pricing elements, partners offers to scale online their sales strategy. Their data and products are then easily available on any web/ mobile platforms.

Flexiti, a leading provider of Point-Of-Sale (POS) financing and payment technology, today announced the acquisition of TD Financing Services’ (TDFS) Canadian private label credit card portfolio valued at approximately $250 million.