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Natwest Launches Business Banking Switcher Offer For SMEs

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.

Tuesday, June 27, 2023 - 10:10
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Financial IT
LMS Begins Charge Registration Evolution

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. 

Tuesday, June 27, 2023 - 10:07
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Financial IT
P2P Platforms Expect Strong Market Competition

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)*. 

Tuesday, June 27, 2023 - 10:03
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Financial IT
One-fifth of Teachers Reliant on BNPL to Pay for the Weekly Shop Risking Long-term Debt as Key Worker Finances Reach Breaking Point

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.

Tuesday, June 27, 2023 - 10:01
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/news/lending/one-fifth-teachers-reliant-bnpl-pay-weekly-shop-risking-long-term-debt-key-worker
Financial IT
14 Leading Businesses to Face Industry Experts at Isle of Man FinTech Innovation Challenge Finale

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.

Tuesday, June 27, 2023 - 09:57
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/news/fintech-startups/14-leading-businesses-face-industry-experts-isle-man-fintech-innovation
Financial IT
Worldpay from FIS and HSBC UK Team Up with Visa to Allow Merchants to Accept Instalment Payments in the UK

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.

Tuesday, June 27, 2023 - 09:41
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/news/payments/worldpay-fis-and-hsbc-uk-team-visa-allow-merchants-accept-instalment-payments-uk
Financial IT
PayU Adds New Payment Methods to Help Merchants Increase Conversion at Checkout in South Africa

Today PayU, the leading online payment service provider operating in over 50 emerging markets, announces the integration of two new payments methods – Mastercard Click to Pay and Capitec Pay. The integration of these payments methods will enable merchants to reduce checkout abandonment and fraud via seamless and secure authentication, further solidifying PayU’s position as the leading Payment Service Provider (PSP) in the region. 

Tuesday, June 27, 2023 - 09:36
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Financial IT
GoldenSource® Launches App to Accelerate Data Onboarding & Analytics in Snowflake®

GoldenSource, the leading independent provider of cloud data management solutions, announced today that the GoldenSource Snowflake Native App will be available alongside GoldenSource’s industry-leading data warehouse schema, for use within the Snowflake Data Share.

Tuesday, June 27, 2023 - 09:30
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/news/data/goldensourcer-launches-app-accelerate-data-onboarding-analytics-snowflaker
Financial IT
Demand for Integrated Surveillance Skyrockets Amid Regulatory Crackdown – Report Finds

Demand for integrated trade and communications surveillance among financial institutions has surged by 100% this year following heightened regulatory scrutiny across the financial markets, research from SteelEye has revealed.

Tuesday, June 27, 2023 - 09:26
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/news/compliance/demand-integrated-surveillance-skyrockets-amid-regulatory-crackdown-report-finds
Financial IT
Penfold Unveils ‘Solutions Hub’ to Help Businesses and Employees Boost Their Pension Knowhow

The UK is in a savings crisis, with the majority of workers pessimistic about their financial future1. In response, pension provider Penfold has launched a ‘Solutions Hub’, as part of a redesigned website, that simplifies pensions and helps users plan their financial futures. 

Tuesday, June 27, 2023 - 09:23
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Financial IT

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