Sopra Steria, the purpose-led digital transformation expert, today released findings from its report: How creditors can deliver an unrivalled customer experience (CX) to consumers in vulnerable situations, highlighting that consumers are demanding increased flexibility when it comes to loan repayments amidst the UK’s turbulent economic landscape.

As the industry awaits an update on the UK’s New Payments Architecture (NPA), Finastra is committed to the timely development and roll-out of the functionality required to support readiness for its customers. Finastra’s cloud-based payments technology and collaboration with new and established bank and technology partners, such as Microsoft, will support banks’ full compliance with the infrastructure changes ahead of the 2024 deadline.

Broadridge Financial Solutions, Inc., a global Fintech leader, has won the Best Corporate Actions Technology and Best Asset Servicing Technology Product awards at this year’s Asset Servicing Times Industry Excellence Awards, an industry-renowned ceremony recognising the most influential names and businesses in the financial services market. These awards recognise Broadridge’s commitment to transforming proxy voting and the entire asset servicing lifecycle through next-generation technology.

DivideBuy, the leading UK Point of Sale (POS) finance pioneer, has today announced a partnership with Acquired.com, a UK payments specialist and payment initiation service provider, through which DivideBuy’s merchants will be able to leverage smart automated tools designed to eliminate the rate of failed transactions, boost approval rates and offer vastly smoother payment experiences for customers.

Northern Trust has hired Alvin Chia as its head of Digital Assets Innovation for Asia Pacific.

Worldline, a global leader in payments services confirms its leadership in sustainability, strengthening its performance in Corporate Social Responsibility (CSR), according to the latest rating by Moody’s ESG Solutions, an ESG (Environment, Social, Governance) data and assessments provider. 

India FinTech Forum, a not-for-profit fintech advocacy group representing Indian fintech companies, has announced 23 fintech startups who will give demos of their innovative products and services to a high-profile jury this month. The winning startup will be awarded the prestigious IFTA Fintech Startup of the Year award on 30th November 2022 during a full-day in-person conference at Mumbai. In another category, 6 companies incorporated before 2015 will compete for the Fintech Scaleup of the Year award.

Fintech infrastructure provider, Integrated Finance has announced the launch of its ‘Fintech Foundation’ incubator. The new programme will be supported by experts from leading banking service providers across the value chain, including Mastercard, Currencycloud and Enfuce.

Lentra, the class-leading Cloud lending platform, has closed its  Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for International expansion, including the USA.