Chelmsford City Council today announced a new partnership with leading enterprise software provider TechnologyOne, signing a two-year Software as a Service (SaaS) deal to implement its fully integrated OneCouncil solution.

TechnologyOne’s SaaS solution will replace the council’s on-premise Totalmobile system, streamlining its financial and procurement operations under one platform, with information accessible from any device, anywhere and at any time.

Businesses have invested £22bn less in the last two and a half years as a result of the uncertainty caused by Brexit, according to data from the Office of National Statistics, While this may make financial sense, it could negatively impact the business’ ability to operate as usual and maintain a competitive edge within a global market.

areeba, a leading Lebanese financial technology company that provides payment solutions for banks, governments and merchants in the Middle East, has signed an agreement with Wallet Factory for the supply of Mobile Wallet platform. Wallet Factory will provide areeba with technology to enable mobile payment services in the region.

The UK is at the forefront of the financial services revolution. With one of the world’s highest contactless card adoption rates, a thriving challenger bank community and successful open banking initiatives, it’s no surprise the nation’s fintech industry generates around £20 billion in annual returns.

Portag3 Ventures ("Portag3") today announced the creation of a group of senior advisors tasked with working with the platform to provide industry and functional expertise to portfolio companies and support the investment team's deal sourcing activities.

Over the years, cashless payments have progressed dynamically with the advent of digital payment technologies. With the wide adoption of digital payments everywhere, expectations of consumers are redefining the digital payments in the transit industry. To enhance customer experience, transit organizations are intensively implementing digital payments as it offers great flexibility and accessibility with decreased operational costs. With digital payments, the scope of transport industry has been expanding tremendously with increased productivity.

Dun & Bradstreet today announced a strategic partnership with encompass, a global provider of automated Know Your Customer (KYC) solutions, to help deliver world-leading data and analytics for UK businesses.

There are still millions of people who do not have access to a bank account. Some don’t qualify for one, while others can’t or don’t wish to pay the fees that are associated with commercial banking. To them, these fees are significant.

According to media sources, there are believed to be an estimated 1.7 billion adults across the globe who do not presently enjoy access to conventional financial services. This equates to 31% of the adult population who are not currently leveraging financial services, products and benefits from a traditional bank account.