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Total Grassroots and Kelme Partner with GoCardless to Offer Stress-Free Payments and New Kits to Grassroots Football Clubs

Bank payment company GoCardless has announced a partnership with Total Grassroots and kit manufacturer Kelme to simplify payment collection for grassroots football clubs and kit out their team.

Thursday, November 28, 2024 - 09:37
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Financial IT
YouLend Data Shows UK SMEs Turn to Embedded Financing to Meet Capital Needs Ahead of Black Friday and Christmas

YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded financing to secure vital capital ahead of the most important sales period of the year—Black Friday and Christmas. YouLend data reveals a 30% surge in financing applications leading up to Black Friday in 2024, with ecommerce platforms being the main driver of this jump, illustrating the growing demand for flexible financing options at the point-of-need.

Wednesday, November 27, 2024 - 16:38
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Financial IT
The Role of Data Security in Protecting Sensitive Information Across the Finance Industry

Data is the fuel that keeps the engine of any organisation running efficiently. Its growing importance is becoming a frequent topic of conversation in boardrooms and strategy meetings. Companies increasingly know the need to protect their sensitive information and continue investing heavily in cybersecurity measures. However, this approach has a critical oversight: The assumption that investing in cybersecurity alone is sufficient to safeguard data.

Wednesday, November 27, 2024 - 16:34
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Financial IT
Sumsub and Elliptic Team Up to Tackle Crypto Financial Crime

Sumsub, a full-cycle verification platform, has announced its integration with Elliptic, the global leader in cryptoasset risk management.

Wednesday, November 27, 2024 - 16:29
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Financial IT
As the Holiday Shopping Season Kicks Off, Charlie, Banking* for 62+ Americans, Launches CharlieSaver: The Most Comprehensive Source of Senior Discounts Nationwide

Just in time for the holiday shopping season, Charlie, banking* for 62+ Americans, launched 

Wednesday, November 27, 2024 - 16:27
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Financial IT
MBL Fined £13M for Serious Control Failures That Allowed Trader to Conceal Over 400 Fictitious Trades

The FCA has fined Macquarie Bank Limited - London Branch (MBL) £13m for serious failings that allowed one of its employees to record over 400 fictitious trades.

From June 2020 to February 2022, Travis Klein, a trader based on MBL’s London Metals and Bulks Trading Desk was able to record and take steps to conceal over 400 fictitious trades in MBL’s internal systems in a bid to hide his trading losses.

Wednesday, November 27, 2024 - 16:22
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Financial IT
Payit™ by NatWest Provides Interactive Investor with a Simple and Safe Way for Customers to Validate Bank Accounts and Enjoy Easy One-Click Payments

interactive investor (ii) has rolled out NatWest’s multi-award-winning open banking payments solution Payit™, to enable their customers to deposit funds onto the investment platform immediately to allow investments to be made.  

Customers can now use Payit™ by NatWest to make a payment/a fund deposit online through the ii website and app.  

Wednesday, November 27, 2024 - 16:09
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Financial IT
Integrated Payments Can Prime UK Retailers for Black Friday Success: Lloyds Bank Merchant Services

With this year’s Black Friday falling on 29th November and Cyber Monday on 2nd December, aka “Cyber Weekend”, retailers across the UK are gearing up for the year’s biggest spending event in the run-up to the Christmas holiday season. Last year’s Black Friday achieved record sales of £13.3 billion, up 7.6% from 2022. 

Wednesday, November 27, 2024 - 14:32
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Financial IT
Payments & Compliance: Insights from EY at Sibos 2024
Wednesday, November 27, 2024 - 14:01
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Financial IT
Spendesk Officially Launches Its Own Payment Institution: Spendesk Financial Services

Spendesk, the complete spend management platform for mid-sized businesses, has officially launched Spendesk Financial Services, its payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a strategic collaboration with VISA, Spendesk Financial Services enables the company to deliver innovative and secure payment solutions to its clients across France and the European Union.

Wednesday, November 27, 2024 - 13:49
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Financial IT

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