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UK consumers cast their vote on the future of the high street

Divido, the multinational white-label platform for point of sale lending, has today unveiled the results of its UK-wide research into how consumers approach high-value purchases, and subsequently what the UK high street needs to offer in order to stay relevant.

The study of over 2000 UK consumers reveals that just 7% of Brits browse exclusively in-store before making a high-value purchase (identified as costing over £250) - putting pressure on the value of bricks and mortar stores in the UK.

Wednesday, December 5, 2018 - 10:28
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Financial IT
PPRO Group and Mastercard’s Pay by Bank app announce partnership to bring secure bank transfer payments to UK merchants

 PPRO Group, the leading cross-border e-payment specialist has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO payment platform for UK merchants. With mobile commerce having become the most popular method of online mobile transactions, accounting for 52% of all online retail sales in 2017 alone, the partnership will put mobile banking at the centre of the consumer payment experience. 

Wednesday, December 5, 2018 - 10:26
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Financial IT
TECHNOLOGY SECTOR POISED FOR BIG DATA WAVE IN FINANCE AND SALES DEPARTMENTS – DLA PIPER EUROPEAN TECH INDEX

Harnessing big data is becoming standard practice for IT and marketing teams in technology, but DLA Piper's 2018 Tech Index reveals that a revolution may now be underway in finance and sales departments as well.

Wednesday, December 5, 2018 - 09:39
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SWIFT pilots integrated payment validation service as gpi captures more than 50% of payment volumes

SWIFT today announces it will begin piloting an integrated pre-validation gpi payments service, focussing on enabling the speedy identification and elimination of errors and omissions in payment messages. 

Wednesday, December 5, 2018 - 09:37
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Financial IT December Issue 2018

One of the lead articles in this edition of Financial IT highlights how banks will continue to beexcited about Artificial Intelligence (AI) in 2019. There will be experimentation involving AI.There will be investment in AI. However, mainstream adoption of AI solutions are unlikely. This is partly because the demands of clients are complex and increasingly sophisticated. Chatbots maybe able to reduce costs and boost efficiency, but they are not – yet – able to provide the tailoredcustomer experience that clients are looking for.

Wednesday, December 5, 2018 - 08:52
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Financial IT December Issue 2018
Wednesday, December 5, 2018 - 08:49
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Financial IT
Ondot announces new digital card services platform to support consumer engagement and drive innovation for UK banks

Ondot Systems, the global leader in powering mobile payment services, today announces a new suite of mobile, digital solutions that enable UK and Europe’s largest banks to compete and disrupt emerging challengers.

Wednesday, December 5, 2018 - 08:32
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Financial IT
Bank branch transformation: from the cash withdrawal „box“ to the financial services "boutique"

The largest European banks closed more than 9,000 branches over last years and shed 50,000 staff. These figures reflect the latest banking trend - digitization of settlement instruments and bank branches. The market of mobile and contactless payments, digital currencies, and etc. are rapidly growing.

Wednesday, December 5, 2018 - 08:12
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Are Insurance Companies Maximizing AI’s Impact? Leading Insurance Companies Dissect Strategies for Implementing AI

Understanding AI is non-negotiable for insurance carriers. Out of the entire spectrum of technology that have the potential to affect the insurance industry, the consensus is growing that AI is likely to have the biggest impact. The industry certainly believes this; insurance carriers’ investments in AI are increasing year-on-year, with the trend is set to continue, at least into 2019.

Wednesday, December 5, 2018 - 07:38
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Financial IT
Natixis adds Apple Pay to Apetiz

Natixis Payments brings its Apetiz’s customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient. 

Wednesday, December 5, 2018 - 07:19
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