People across the UK are continuing to buy physical presents such as toys and clothes for children, despite parents, family and friends all agreeing they’d prefer to give money, new research has found.

Sixty-one per cent of UK parents with children under the age of 18 said they would prefer friends and family members – such as grandparents – to cut down on physical present buying, with a similar proportion (60%) seeing it as wasteful to receive gifts their children quickly grow out of.

smartKYC announces Stephen Manly as the company’s new Head of Sales. 

Stephen will be responsible for driving revenue and sales team leadership. A consultative, enterprise sales professional for more than 25 years, Stephen has spent the last six years developing his subject matter expertise in KYC processes and technology. 

Finastra research reveals that Open Banking is now universally and unequivocally regarded as a key part of a bank’s landscape, with 99% of respondents considering it either a ‘must have’ or ‘important’, up from 94% last year. The proportion of global financial institutions that consider it a ‘must have’ has risen to 61%, a notable increase from 2021 (51%).

Zumo, the Edinburgh-based crypto platform, has hired Vicky Byrom as its first Chief Data and Analytics Officer (CDAO), a new leadership role responsible for building the company’s data and analytics capabilities to a best-in-class standard.   

Facctum, the risktech company specialising in cloud-delivered enterprise risk decisioning technology, has today announced its launch into the EU market to satisfy the increasing demand for its services, with the creation of an entity in Ireland and the appointment of Nicolas Willard as its newest Director of Business Development. 

Adyen, the global financial technology platform of choice for leading businesses, and Mirakl, the industry's first and most advanced enterprise marketplace SaaS platform, today announced their partnership. Together, they will support the limitless growth of the world's most successful marketplaces by powering frictionless buying and selling experiences at scale.

A new report published today by the Association for Financial Markets in Europe (AFME) and Protiviti outlines four key barriers holding back the pace of Cloud adoption within the Financial Services sector.

Alpian, Switzerland’s first digital private bank, and Napier,  global provider of advanced financial crime compliance solutions, announce their partnership to implement a robust, end-to-end risk management platform for the bank.

GROW’s back office solution for fund administrators, built on global enterprise technology and services firm R3’s Corda blockchain platform, has been deployed by Vanguard Australia.

Global sports betting and iGaming supplier FSB Technology have teamed up with Trust Payments to deliver superior gaming experiences to players globally during the FIFA World Cup 2022 tournament.