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NomuPay Accelerates Growth Through Acquisition of Total Processing

NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing. Terms of the deal have not been disclosed. NomuPay has confirmed the deal is a mixture of stock and cash.

Thursday, November 30, 2023 - 12:56
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Financial IT
Financial Organisations 13% More Likely to Suffer a Ransomware Attack Than Other Sectors, Finds Thales Data Threat Report

Thales today released the latest iteration of the 2023 Thales Data Threat Report – Financial Services edition. This year’s report finds much higher levels of credential-based attacks in this sector than the average enterprise (56% versus 42%), with greater concerns around ransomware, quantum computing and even human error leading to breaches.

Thursday, November 30, 2023 - 12:50
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Financial IT
Open Banking’s Transformative Benefits for the Audit Industry

In the world of auditing, professionals are no strangers to an array of difficult challenges that can sometimes significantly impact their efficiency and accuracy.

Thursday, November 30, 2023 - 12:45
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Financial IT
GFT Partners with Engine by Starling to Help Banks Rapidly Modernise

Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.

Thursday, November 30, 2023 - 12:33
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Financial IT
Mastering Network Tokenisation: An Essential for Digital Transaction Safety.

In the modern digital economy, card-not-present (CNP) transactions have become commonplace. However, these transactions bring with them the significant threat of payment card fraud and data breaches. A promising solution to this problem is on the horizon: network tokenisation. This innovative technology bolsters the security of digital commerce transactions by ensuring the safety of shared and stored data.

Thursday, November 30, 2023 - 12:14
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Financial IT
New ITN Business Programme to Premier at FinTech Connect
Next week sees the return of Fintech Connect to the ExCel centre in London, marking a decade as Europe’s only dedicated fintech event for the entire ecosystem. Over the course of two days – 6th and 7th December 2023 - 3,000+ attendees will hear from the most inspirational global fintech industry C-suite leaders and start-up innovators.
 
Thursday, November 30, 2023 - 11:04
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Financial IT
Consortium of Vitruvian Partners, Visa and Maki.vc to Invest in Finnish Issuer Processing Powerhouse Enfuce

Issuer processing powerhouse Enfuce, announced today an €8.5m follow-on investment round, led by Vitruvian Partners with participation from Maki.vc and Visa, a world leader in digital payments. This follows Enfuce's €45m Series C funding round initiated in 2021. Enfuce has raised a total of €62m to date.    

Thursday, November 30, 2023 - 10:52
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Financial IT
REVEALED: Charitable Giving Remains a Priority for UK Consumers Despite Ongoing Cost of Living Crisis

New research from GoCardless, the bank payment company, finds that 45% of consumers say they donate regularly to charity today -- only a slight drop from the 49% who did so last year, even as the cost of living continues to rise.

Thursday, November 30, 2023 - 10:30
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Financial IT
Adyen Appoints Nicole Olbe as UK Managing Director to Drive Growth in UK Business

Adyen, the global financial technology platform of choice for leading enterprise businesses, has today announced the appointment of Nicole Olbe as Managing Director of its UK operations.

Thursday, November 30, 2023 - 10:14
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Financial IT
Griffin Announces Senior Hires to Drive Embedded Finance Revolution

Griffin, the API-first UK bank and full-stack Banking as a Service platform, today announced the addition of seven new senior team members across key areas of the business. These exceptional new hires reinforce Griffin’s commitment to building the global platform for embedded finance and delivering a world-class banking experience to customers.

Thursday, November 30, 2023 - 10:06
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Financial IT

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