South Africa’s most recent unemployment figures paint a gloomy picture. Our unemployment rate is now a staggering 32,9%, which is among the highest in the world. The problem is that the country’s chronic joblessness is what leads to most other socio-economic issues, including crime, poverty and inequity. In other words, we can’t fix our other challenges until we fix unemployment. 

In just three years’ time over 5.2 billion people, or 60% of the world’s population, will be using digital wallets – a 53% increase from 2022. 

Leading Swiss Fintech Rivero today announced it has onboarded  Cornèrcard, a leading issuer of Visa, Mastercard® and Diners Club payment cards in Switzerland, to their card scheme compliance platform.

Nutanix, Inc., a leader in hybrid multicloud computing, has announced the public sector findings of its fifth annual Enterprise Cloud Index (ECI) survey, which measures enterprise progress with cloud adoption.

NatWest, the UK’s biggest bank for business, is offering 24 months of free business banking to UK businesses switching their main business banking account to NatWest.

The new SME switcher offer from NatWest for businesses with up to £2m in turnover comes at a time when customers could benefit from a reduction or break in their banking fees.

LMS, the UK's leading conveyancing services provider, today announces that it has increased the digital capability of its charge registration tool. In the first stage of its dedicated programme of work to improve this process for law firms, they can now update LMS indirectly through their own CMS provider, digitally. This change marks the first step in a redesign of our charge registration processing and oversight. 

The European P2P market is not yet highly competitive. However, the situation may change as early as next year.

Analysts of the Robo.cash platform assessed the competitiveness of the European P2P market using the reverse Herfindahl-Hirschman index (HHI)*. 

One-fifth (18%) of teachers have been forced to rely on buy now, pay later (BNPL) payment options to afford their weekly shop, according to new research from responsible lender, Creditspring.

More than a quarter of teachers (26%) say they wish they’d never used BNPL options, with 14% admitting they’d were unable to meet repayments and that this pushed them into debt.

14 businesses from across the globe will face their industry peers as they present cutting-edge solutions at the Isle of Man's highly-anticipated FinTech Innovation Challenge Finale event on 29th June 2023.

Global financial technology leader FIS^® has today announced a partnership with Visa to enable eligible Worldpay from FIS UK merchants to accept payments using the Visa Instalments checkout functionality for the first time.

Worldpay is the first merchant acquirer to offer Visa Instalments as an option at checkout in the UK whilst HSBC UK becomes the first card issuer in the UK to offer the service to its credit card customers.