New research from Finastra shows that while rates remain consumers’ key driver in the mortgage lender selection process, trends relating to COVID-19 have put increased importance on digital experience and time-to-close. The pandemic is having an influence on both of these trends, as consumers demand more robust digital loan processes and surging volumes of mortgage applicants extend time-to-close.

The Sipay Plus payment gateway and HPS, the leading multinational provider of payment solutions, announced today the signing of a new partnership for the combination of their innovative electronic payment technologies to maximize the synergies between the two platforms.

The British Business Bank has appointed Jenny Knott as Non-executive Director (NED) to the board of British Business Bank plc, effective from 14 December 2020.

Jenny Knott is a highly experienced board-level investment banker with over 30 years’ experience in banking and corporate finance. She has served as Chief Executive Officer (CEO), Chief Financial Officer (CFO) and Chief Operating Officer (COO) on the Boards of global investment banks, financial services corporates and charitable organisations.

At the beginning of the year, insurance organisations were not only anticipating the FCA’s final report into general insurance practices, they were also preparing to spend more on digital transformation projects to meet consumer needs.

In July 2020, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative, by announcing the creation of the EPI Interim Company in Brussels, responsible for initiating the implementation of the joint payment initiative.

Standardisation, regulation and technological innovation means payments are well on the way to becoming instant, invisible and free. This is good news for everybody.

Well, not quite everybody. Banks are now faced with the significant challenge of transforming business models and legacy technology systems to meet the demands of a new era in payments.

Today Quantum Employment Design (QED) leader My Digital announces its collaboration with Ecospend Technologies Ltd, a pioneer in digital payment services and Open Finance.

Acronis, a global leader in cyber protection, today announced an update of Acronis True Image 2021 that incorporates a professional-grade vulnerability assessment tool into the personal cyber protection solution.

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced a client pilot program for its new Insurance Information Exchange (IIEX) service, a transformative new platform that will help clients turn massive quantities of insurance data and information across 15.6 million policy records into actionab