A new digital cash service offering fast-tracked payments for emergency use is being pioneered for local councils and charities through The Post Office.

The digital concept has been developed by Eastbourne-based security-print company Zunoma. It provides cash relief to people facing financial hardship without the need for a bank account. Currently, eight councils across the country use the Payout NOW! service.

Chip, the digital savings app, has analysed the demographics and behaviours of its 350,000 users to find a record number of female investors as well as trends that not only indicate a higher appetite for risk among women compared to typical data but also a strong uptake in Environmental, Social, and Governance (or ESG) investing.

The financial services industry is evolving at a rapid pace, with shifting consumer expectations, new technologies, and developing regulatory requirements. Financial services firms need the right technology to help them stay agile and prepare for the future. 

The cloud is a key point of leverage for firms looking to improve performance across a broad range of activities. Moving to the public cloud can advance operational resiliency, improve staff productivity, increase regulatory compliance and enhance business model innovation. 

UK retail investors favour trading and investing in stocks and shares online over low-interest savings accounts, and they prefer to do it themselves rather than use an IFA

According to the findings of a new survey, people in the UK are choosing to trade and invest in stocks and shares online rather than receive potential returns from savings accounts with all-time low-interest rates.

AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its integration into the Xero App Store. 

Mastercard opens door to startups around the world looking to grow platforms across open banking, predictive financial modeling for small businesses, smart rental payments and beyond

Commenting on UK GDP showing a positive uptick and an encouraging economic outlook, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: "Today’s UK GDP data shows a positive uptick quarter on quarter and provides a more encouraging outlook for the UK economy going forward. However, the plight of UK small businesses and current default levels caused by the ongoing impact of the pandemic should be of real concern.

• 44% of European customers rate environmental and social issues as ‘very important’ when choosing a bank
• 18-24-year-olds are almost twice as likely to switch banks compared to those aged 55 and over

US INFLATION 5.4%

and going to stay high!