All content with RSS

Two-Thirds Of Brits Use Retail Credit To Pay For Christmas

Two-thirds of Brits have used or plan to use retail credit during the Christmas season. Moneyhub’s Christmas Retail Credit Report reveals that retail credit users spend an average of £1,012.55 over the holidays, with £759.71—nearly three-quarters—financed through retail credit. It also highlights how Open Banking can help lenders and retailers better serve customers and manage lending risks.

Wednesday, November 20, 2024 - 10:29
62637
/news/personal-finance/two-thirds-brits-use-retail-credit-pay-christmas
Financial IT
British Business Bank’s Growth Guarantee Scheme Provides Over £250M Of Lending To UK Smaller Businesses

The British Business Bank today announces that its Growth Guarantee Scheme has supported more than £250m of finance to smaller businesses, since its launch as a successor to the Recovery Loan Scheme in July 2024.

The Growth Guarantee Scheme is designed to support access to finance for UK smaller businesses as they look to invest and grow. The scheme works with a wide range of financial products and lenders, including term loans, overdrafts, asset finance, invoice finance and asset-based lending.

Wednesday, November 20, 2024 - 10:25
62636
/news/investment/british-business-banks-growth-guarantee-scheme-provides-over-ps250m-lending-uk
Financial IT
Banks Can Boost Fraud Detection By More Than Ten-Fold Through Better Collaboration, Research Shows

Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud and Identity Report from LexisNexis® Risk Solutions.

Wednesday, November 20, 2024 - 10:23
62635
/news/security/banks-can-boost-fraud-detection-more-ten-fold-through-better-collaboration-research
Financial IT
MeaWallet Partners With Integrated Finance To Enhance Digital Wallet And Secure Card Data Access For Fintechs

MeaWallet, a leader in tokenization and digital payment solutions, has announced a strategic partnership with Integrated Finance, an innovative fintech IpaaS (

Wednesday, November 20, 2024 - 10:19
62634
/news/e-wallets/meawallet-partners-integrated-finance-enhance-digital-wallet-and-secure-card-data
Financial IT
Cash Savings Grew By 6.2% Year-On-Year As Consumers Recalibrate Their Finances

The latest proprietary insight from Moneyhub, the market-leading data and payments platform, and their Financial Wellness Tracker reveals that consumer cash savings rose by 6.2% in the 12 months to October 2024. 

Wednesday, November 20, 2024 - 10:15
62633
/news/personal-finance/cash-savings-grew-62-year-year-consumers-recalibrate-their-finances
Financial IT
Domino Integrates Cutting-Edge Technologies For Enterprises To Rapidly Assemble, Scale And Govern AI

Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, today announced new platform capabilities and integrations with Amazon Web Services (AWS), NetApp and NVIDIA that help shorten AI time-to-value, and reduce cost and risk without impeding innovation. Domino is delivering a broad set of single-platform capabilities across data, development, and deployment of AI workloads anywhere —whether in the cloud or on-premises— with full security. 

Wednesday, November 20, 2024 - 09:49
62632
/news/artificial-intelligence/domino-integrates-cutting-edge-technologies-enterprises-rapidly
Financial IT
FIS Unveils Global, Multichannel Brand Campaign To Spotlight Its Market Position As The Leading Financial Technology Behind How The World Stores, Moves, And Invests Money

FIS® , a global leader in financial technology, today unveils its new brand campaign, “Unlocking Financial Technology: Bringing the World’s Money into Harmony.” More than a marketing theme, the company’s campaign introduces a powerful new brand position that money has its own lifecycle, and that FIS

Wednesday, November 20, 2024 - 09:31
62631
/news/infrastructure/fis-unveils-global-multichannel-brand-campaign-spotlight-its-market-position
Financial IT
IDEX Biometrics Brings Biometric Smart Cards To Market With Cellfie Global

IDEX Biometrics has entered into a commercial development agreement with South Korean smart card manufacturer Cellfie Global (formerly ICK) to design, manufacture and market biometric metal and PVC cards for bank and fintech launches in USA, Europe and Asia. This gives IDEX Biometrics full coverage across all four card manufacturers in South Korea, representing a production capacity in excess of 100 million smart cards annually, and with world leading metal card manufacturing capabilities.

Wednesday, November 20, 2024 - 09:28
62630
/news/digital-identity/idex-biometrics-brings-biometric-smart-cards-market-cellfie-global
Financial IT
Moss Partners With Airwallex To Enhance And Streamline Global Payments

Moss, a leading innovator in B2B spend management solutions, has partnered with Airwallex, the leading global payments and financial platform for modern businesses, to embed g

Wednesday, November 20, 2024 - 09:05
62629
/news/payments/moss-partners-airwallex-enhance-and-streamline-global-payments
Financial IT
PayPal PYUSD To Bring Speed And Reduced Costs To Cross-Border Payments With Xoom

Today PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom.

Wednesday, November 20, 2024 - 09:02
62628
/news/payments/paypal-pyusd-bring-speed-and-reduced-costs-cross-border-payments-xoom
Financial IT

Pages