Merchants and consumers are increasingly dissatisfied with Black Friday as the cost-of-living crisis continues to hit profit margins and disposable income, at the start of this year’s critical sales period.
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Digital B2B payments specialist, Adflex,
Assets under administration (AUA) at Flagstone, the UK’s leading cash deposit platform, have topped £10 billion for the first time, thanks to fast adoption of the company’s fintech solution and market-wide demand for competitive cash savings options.
Monument (or the “Bank”) today announced that it has successfully completed its Series B funding round, having raised over $50 million (£40+m) , backed by a combination of existing and new investors. Since its inception, Monument has raised in excess of £100 million in equity capital, consistently achieving successive ‘up-rounds’. Positioned well with its ground-breaking technology, exceptional team, and well-capitalised backers, Monument is set to continue on its journey of innovation and growth.
Worldline, a global leader in payments services, has been selected by the Goethe-Institut, Germany’s cultural institute, operating worldwide, to provide optimised payment experiences to its consumers through integrated local payment methods in respective currencies.
Operating through 158 branches in 98 countries around the world, the Goethe-Institut has been promoting knowledge of the German language and fostering international cultural collaborations since 1951.
TrueLayer, Europe’s leading open banking payments network, today announces its new payments app is now live in the Shopify App Store, allowing UK and EU merchants to add open banking payments to their checkout.
Electronics retailer Maplin has gone live with the app, with further partners to be announced soon.
Nomura's digital assets subsidiary, Laser Digital, today announces the launch of their Ethereum Adoption Fund. The Fund, which invests in long-only spot positions in Ethereum, also deploys a yield enhancement strategy by staking the Ethereum held by the fund.
Liminal Custody Solutions, a leading provider of digital asset custody, has taken a momentous stride in its mission to fortify the security and accessibility of India's digital asset ecosystem. As a trusted custodian of digital assets, Liminal was appointed by the Central Bureau of Investigation (CBI) to manage seized digital assets in a non-custodial manner securely, which they impounded during their investigations.
Nexi has entered into an agreement with