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Ever since we've been able to buy anything we need with just a click of a button on our laptops or phones, online sales have been consistently increasing each year. Just last year, the total value of UK retail sales was £394 billion, with an average annual growth of online retail sales of 10%. More of us are shopping online these last few months and for the foreseeable future because of coronavirus. There are growing concerns regarding secure online payment.
Sopra Banking Software (SBS), a global leader in digital banking and financing software, announces a strategic channel partnership with Tink, Europe’s leading open banking platform.
Two European Fintech leaders in digital banking combine their technologies and expertise.
Sage, the market leader in cloud business management solutions, today announced new updates to its Small Business Accounting Solution. Designed to support small businesses in the construction industry, the updates enable customers to manage their day-to-day accounting in the cloud, as well as comply with sector specific UK Government requirements for the Construction Industry Scheme (CIS).
Today, iProov is proud to announce that its technology is to be deployed by Dutch challenger bank Knab, to provide an effortless online biometric experience to its nearly 500,000 customers.
Knab customers can now effortlessly authenticate themselves for a growing range of sensitive transactions using iProov’s patented Flashmark technology. The partnership with the online-only bank, which is owned by multinational life insurance, pensions and asset management firm AEGON, sees iProov collaborate with a challenger bank for the first time.
Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced it has completed its USD$2 million Pre-IPO investment round. The round was led by OK Group, a world-leading blockchain technology and service provider focused on the research and development of the technology and its all-scenario applications..
UK-based payments service provider SumUp (www.sumup.co.uk), today announces a partnership with Google - which will enable merchants using Google My Business to add support links to Gift Cards directly to their Business Profile on Google - in its latest move to support small businesses during COVID-19 and beyond.