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Pay.UK and Iliad Solutions Support NPA Payments Testing

Iliad Solutions is pleased to announce the general release of its T3 test and certification platform for New Payments Architecture. The solution is used in precertification mode to underpin the Pay.UK Self Validation Testing. The general release is further enhanced to integrate and simulate the back-end systems that Financial Institutions use to interoperate with NPA. This results in a fully automated end-to-end solution.

Tuesday, July 18, 2023 - 09:43
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/news/payments/payuk-and-iliad-solutions-support-npa-payments-testing
Financial IT
The Future is Now: Digital and Intelligent Upgrade Drives Insurance New Growth

The COVID-19 pandemic has accelerated innovation and forced insurers to attract market share through digital solutions that drive efficient distribution and create an excellent customer experience. The future for insurers has to be to finally make the shift from push selling to engaging with their customers based on understanding their needs, creating customer learning and new experiences. And a big portion of these interactions along customer journeys will be predominantly digital.

Tuesday, July 18, 2023 - 09:38
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/news/insurance/future-now-digital-and-intelligent-upgrade-drives-insurance-new-growth
Financial IT
Intelligent AI and Konsileo Look to Doorda Data to Construct Better Client and Risk Profiles

Doorda announces that insurance clients Intelligent AI and Konsileo are using their unique and trusted UK data sets to enable more complete and accurate client profiling.

The UK commercial property insurance sector has faced tough times over the past several years - inflation, valuations, supply chains, Brexit and wider global unrest have all impacted risk measurement processes and premiums.

Tuesday, July 18, 2023 - 09:32
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/news/data/intelligent-ai-and-konsileo-look-doorda-data-construct-better-client-and-risk-profiles
Financial IT
HedgeFlows Partners with Travelex to Launch Pre-order FX Service

HedgeFlows, a FinTech platform for small and medium enterprises (SMEs), has partnered with Travelex to help people plan against volatile exchange rates.

The partnership sees the launch of a secure exchange rate product, enabling UK holidaymakers to secure rates ahead of their holiday and protect travel money against currency fluctuations.

Tuesday, July 18, 2023 - 07:50
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/news/personal-finance/hedgeflows-partners-travelex-launch-pre-order-fx-service
Financial IT
Runway Financial Raises $27.5M in Series A

Siqi Chen, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he felt self-conscious about.

Tuesday, July 18, 2023 - 07:28
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/news/fundraising-news/runway-financial-raises-275m-series
Financial IT
IPC Partners with CryptoStruct to Provide Market Data to the Connexus® Crypto Trading Environment

IPC Systems, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for global financial markets, and CryptoStruct, a major low latency cryptocurrency market data and trading solution provider, have joined forces to offer enterprise-grade data to IPC’s Connexus® Crypto ecosystem.

Tuesday, July 18, 2023 - 07:13
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/news/trading-systems/ipc-partners-cryptostruct-provide-market-data-connexusr-crypto-trading
Financial IT
Merchants are Losing Out from Poor Payments Experiences, as New Research Shows Over Half of Consumers Would Abandon a Cart Due to Frustrating Payments

Open banking payments network TrueLayer today publishes new research revealing the gap between consumers’ expectations and the reality of payments experiences, and how this is affecting merchants. 

Tuesday, July 18, 2023 - 07:08
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/news/payments/merchants-are-losing-out-poor-payments-experiences-new-research-shows-over-half
Financial IT
Decentro Makes its First Acquisition with Neowise to Strengthen Itself in the Lending Infrastructure Space

Decentro, a leading fintech infrastructure company, has announced its expansion in the lending infrastructure space through its first-ever acquisition of Neowise. The acquisition, executed in a combination of cash and stock, includes acquiring all assets, mainly its advanced collection suite, and integrating the acquired company as a wholly owned subsidiary of Decentro's India arm. This strategic move strengthens Decentro's position in India's digital lending ecosystem, allowing them to offer an end-to-end embedded banking & finance stack.

Tuesday, July 18, 2023 - 07:04
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/news/lending/decentro-makes-its-first-acquisition-neowise-strengthen-itself-lending-infrastructure
Financial IT
Next Generation of Digital Corporate Banking and Treasury: Fennech Financial Accelerates Growth with £2.3 Million in New Investments

Fennech Financial, a leading innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding. The round was led by Lloyds Banking Group, who contributed a substantial £2 million, alongside some high-profile individual investors.

Tuesday, July 18, 2023 - 06:59
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/news/fundraising-news/next-generation-digital-corporate-banking-and-treasury-fennech-financial
Financial IT
Zip Bolsters Leadership Team with Addition of Financial Services Industry Veteran Andy Stearns Amidst Ongoing BNPL Adoption Surge in the U.S.

Global digital payments innovator Zip Co Limited, today announced the appointment of veteran payments and financial services industry leader Andy Stearns as Senior Vice President and Head of Merchant Business, starting immediately, for the U.S. market.

Tuesday, July 18, 2023 - 06:56
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/news/people-moves/zip-bolsters-leadership-team-addition-financial-services-industry-veteran-andy
Financial IT

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