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Moneyhub Research Reveals 40% of Customers Unaware of FCA’s Consumer Duty Changes

A year on from the introduction of the FCA’s Consumer Duty (CD) obligations for financial services firms, as many as two-fifths of customers have not noticed any changes to their treatment, according to research from engagement, data and customer journey platform Moneyhub. With the deadline fast approaching for financial services firms to apply the Consumer Duty to closed products, the research indicates that firms still have work to do to realise the business and consumer benefits of the Consumer Duty. 

Tuesday, July 9, 2024 - 14:30
60698
/news/personal-finance/moneyhub-research-reveals-40-customers-unaware-fcas-consumer-duty-changes
Financial IT
BankservAfrica and UnionPay International Enhance E-Commerce in Africa

BankservAfrica and UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI cardholders across Africa's online merchants.

Tuesday, July 9, 2024 - 14:16
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/news/e-commerce/bankservafrica-and-unionpay-international-enhance-e-commerce-africa
Financial IT
EBANX and Zuora Partner in 15 Countries Across Latin America and Africa, Enhancing Subscription and Recurring Payments Experience for Merchants
EBANX, a global technology company specializing in payment services for rising markets, today announced a partnership with Zuora, a leading monetization suite for modern business, helping to enable payment processing in some of the fastest-growing digital markets in the world.
Tuesday, July 9, 2024 - 14:10
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/news/payments/ebanx-and-zuora-partner-15-countries-across-latin-america-and-africa-enhancing
Financial IT
Privado ID Introduces App Identity Verification

Privado ID, the team behind Polygon ID, is excited to announce the release of Privado ID Release 7, marking a significant milestone in our journey to establish the most widely adopted open-source digital identity software.

Tuesday, July 9, 2024 - 13:49
60695
/news/digital-identity/privado-id-introduces-app-identity-verification
Financial IT
Banco Santander and Google Launch Free Artificial Intelligence Course

Banco Santander and Google have reached an agreement to offer a free artificial intelligence (AI) course for anyone over the age of 18 the world over.

Tuesday, July 9, 2024 - 13:39
60694
/news/artificial-intelligence/banco-santander-and-google-launch-free-artificial-intelligence-course
Financial IT
Clear Street Welcomes Industry Veteran Edward Tilly as President

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, is pleased to welcome Edward Tilly to the firm as President.

Tuesday, July 9, 2024 - 13:33
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/news/people-moves/clear-street-welcomes-industry-veteran-edward-tilly-president
Financial IT
Happy Money Partners with Method to Further Streamline Debt Consolidation for Members

Happy Money, a leading provider of unsecured lending that helps credit unions grow, today announced a strategic partnership with Method, a leading provider of real-time data and payment access for consumer liabilities, to enhance the way members consolidate and pay off high-interest credit card debt. 

Tuesday, July 9, 2024 - 13:25
60691
/news/credit-cards/happy-money-partners-method-further-streamline-debt-consolidation-members
Financial IT
Conferma and Pliant Partner on Innovative Virtual Travel Payments

Conferma, the leading virtual card provider, has entered into a strategic partnership with digital corporate card issuer, Pliant to expand the use of virtual cards for business travel payments.

Tuesday, July 9, 2024 - 13:05
60690
/news/it-innovations/conferma-and-pliant-partner-innovative-virtual-travel-payments
Financial IT
Experian Welcomes Lloyds Banking Group to Support Hub

Experian today announces Lloyds Banking Group (LBG) as the newest partner of its Support Hub service.

As part of Experian Support Hub, LBG, home of some of the UK’s most well-known banking brands including Lloyds, Halifax and Bank of Scotland, will be able to offer their customers the opportunity to share their access and support needs with them in a simple, standardised way.

Tuesday, July 9, 2024 - 11:57
60689
/news/banking/experian-welcomes-lloyds-banking-group-support-hub
Financial IT
NALA Raises $40M to Build Cross-Border Payments for Emerging Markets

NALA, a leading UK fintech company, announced today that it has raised $40 million in Series A funding to support its global expansion and enhance the reliability of payments to Africa by developing its payment rails.

Tuesday, July 9, 2024 - 11:52
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/news/fundraising-news/nala-raises-40m-build-cross-border-payments-emerging-markets
Financial IT

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