Semafone, the leading provider of data security and compliance solutions for call and contact centres, today announced the appointment of Gary E. Barnett to the role of chief executive officer as the company prepares to expand its presence in the U.S. market. Effective immediately, Mr Barnett will replace Tim Critchley who, as CEO of Semafone since 2009, has led the company from a UK start up to an award-winning international business spanning five continents.

Payments disruptor Paysend continues its global expansion by reaching the 500,000 customers milestone and adding an option of sending money to bank accounts across its network.  

The rapidly growing business now operates in more than 70 countries and now offers consumers an option of sending money to regular bank accounts in additions to card-to-card transfers to Visa or MasterCard and UnionPay.  

MDX Technology (MDXT) the high-performance market data solutions provider, has become the first provider of connectivity to real-time market data to integrate with OpenFin, the operating system for finance, enabling financial institutions and FinTech firms to consume multi-vendor market data feeds.

Omnio Group, a banking and payment services provider formed from the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, will host its exclusive launch celebration on 26^th February at the Tower of London. 

Since the successful merger of the two predecessor companies in August 2018, Omnio Group has been refining its suite of innovative financial services as well as developing its all-new brand identity and is now ready to unveil its new look and vision for the future to the industry. 

New data from the UK’s leading price comparison site, MoneySuperMarket, reveals the true extent to which Brits rely on immediate family for financial help. The data shows that over half (55 per cent) of Brits have borrowed over £100 from a family member, with the average loan reaching as high as £2,227¹, meaning the UK’s total family debt runs into the billions.

Today, American Express and Bill.com announced a strategic partnership with a new offering: American Express “Vendor Pay” by Bill.com. 

Despite payment vendors continuing to develop strategies for omnichannel, it is still a moving target.

But it is essential to get it right. The best vendors offer solutions that allow for a single cloud payment service that creates a single view of the customer across both stores and digital channels. Top retailers use these solutions to offer customers efficient cross-channel shopping experiences. Yet some retailers still take an isolated approach, but rarely dominate their market as a result.