Denmark leads the pack with a staggering 90 per cent of card payments now contactless.

Norway is close behind at 87 per cent. Sweden and Finland have now both surpassed 70 per cent.

Mento’s migration to the leading cloud banking platform will bolster Chile’s efforts to improve financial inclusion by providing microlending and other credit options to the unbanked and underbanked 

Following the success of its award-winning Faster Processing solution, UTP Merchant Services, one of the UK’s largest providers of physical and online payment solutions, is launching a free service to help protect its customers from potential fraud and chargebacks.

• Growth continues to be the top reason for SMEs accessing finance, with even more brokers (43%) citing this as the most common SME loan purpose.

• Q4 sees a shift in the amount of money wanted by SMEs, with loans over £100,000 becoming most popular, compared to loans under £25,000 which took the top spot in Q3. 

• Demand for the Recovery Loan Scheme remains stable following the extension of the programme’s application deadline.

KNEIP, a leader in fund data management and reporting solutions for the asset management industry, today announces that it launched the first European-domiciled Bitcoin thematic fund on the Nasdaq Fund Network, to trade under the symbol MBTCX.

•   5 year Fixed-Term Deposit at 2.20 percent (fixed) annual interest rate, with a minimum balance of £25,000 for new clients 

Accessible via its iOS and Android app, Monument has launched a new 5 year Fixed-Term Deposit savings product which offers an annual fixed interest rate of 2.20 percent Gross/AER, believed to be the highest available in this category at the time of launch. Monument first released its app and entered into the savings market in December 2021.

In its second annual round-up, titled ‘The Future Demands Anthology’, leading mortgage technology provider, Twenty7Tec, reveals the insights, future predictions, and pandemic-spurred challenges from a diverse range of experts in the house buying sector, and highlights how top players in the sector plan to adapt to the major challenges ahead for our industry and society: post-covid life, net zero and with the increased use of technology.

• Trading volume nearly doubled in 2021

• Strong momentum on turnover, with two record quarters in a row, Q3 and Q4. 

• Year of milestones laying the foundation for future growth

Spectrum Markets, the pan-European trading venue for securitised derivatives, has released its Full Year 2021 Business Update revealing continued record growth. 

Moody’s Analytics announced today that Income Research + Management (IR+M) has licensed the PFaroe™ DB, a pension risk modeling software.

• The move follows successful expansion in 2021 into Africa, Latin America and Asia 
• New Digital Asset Chief Executive Officer appointed in the US 

Square Financial, the fintech brokerage headquartered in Europe, is launching a US Digital Asset Operation to increase its offering to American clients in line with its global growth plan.