All content with RSS

Financial Literacy Gap: Half of UK Adults Claim Good Understanding of Jargon, But 71% Don’t Know How a Savings Account Works

New research from Pay.UK, owner and operator of the Current Account Switch Service, reveals a gap between how much people say they understand about money and the reality. The research reveals 78% of UK adults consider themselves financially literate yet 71% of respondents don’t know how a savings account works.

Wednesday, October 9, 2024 - 10:00
62037
/news/personal-finance/financial-literacy-gap-half-uk-adults-claim-good-understanding-jargon-71-dont
Financial IT
Checkout.com Becomes First Global PSP to Launch Octopus, the Leading Payment Method in Hong Kong, for Online Payments

Checkout.com, a leading digital payments provider, today announced a strategic partnership with Octopus, Hong Kong’s first homegrown global fintech, to enable online payment for customers of Hong Kong’s leading payment choice – becoming the first global payment service provider (PSP) to add Octopus as a payment option at check-out. 

Wednesday, October 9, 2024 - 09:53
62036
/news/payments/checkoutcom-becomes-first-global-psp-launch-octopus-leading-payment-method-hong-kong
Financial IT
New Report Finds That 95% of PSPs Have Had Accounts Closed or Restricted by Banks

 A new report from cross-border payments and FX fintech, Neo, has revealed that 95% of Payment Service Providers (PSPs) have experienced their bank accounts being closed or restricted by their banking partners.

Wednesday, October 9, 2024 - 09:02
62035
/news/payments/new-report-finds-95-psps-have-had-accounts-closed-or-restricted-banks
Financial IT
Experian to Transform Commercial Insurance Underwriting Processes with New AI-Powered Data Partner Solution

Experian UK&I today announces a new AI-powered data solution ‘Hazard Tags’ which will help transform underwriting processes in the commercial insurance sector.

Manual underwriting methods can be time-consuming for insurers and can often lead to a lack of clarity over key questions that are pivotal for accurate risk rating and quote pricing, as businesses expand and change their operations over time to reflect market demand.

Wednesday, October 9, 2024 - 08:59
62034
/news/insurtech/experian-transform-commercial-insurance-underwriting-processes-new-ai-powered-data
Financial IT
INDEXO Launches New Fully-Fledged Banking Experience for Latvians, Powered by Mambu’s Cloud Banking Platform

After being granted a banking licence from the European Central Bank, INDEXO Bank has officially commenced its banking operations in Latvia, leveraging Mambu, a leading cloud banking provider to build its extensive financial offering ranging from daily banking services to lending.

Wednesday, October 9, 2024 - 08:56
62033
/news/banking/indexo-launches-new-fully-fledged-banking-experience-latvians-powered-mambus-cloud
Financial IT
MeaWallet and B89 Join Forces to Enhance Digital Payments with Advanced Tokenization

MeaWallet, a leading digital payments enabler specialising in card tokenization announces its partnership with B89, a pioneering TechFin (fintech fully driven by techn

Wednesday, October 9, 2024 - 08:53
62032
/news/e-payments/meawallet-and-b89-join-forces-enhance-digital-payments-advanced-tokenization
Financial IT
FOURSOURCE Selects Mangopay to Transform Textile Marketplace Experience

FOURSOURCE, one of the world’s largest tech-enabled B2B apparel and textile network, has appointed Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to launch a customised end-to-end solution to allow payments to take place within the platform for the first time. 
 

Wednesday, October 9, 2024 - 08:50
62031
/news/payments/foursource-selects-mangopay-transform-textile-marketplace-experience
Financial IT
CellPoint Digital Bolsters Executive Team with Technology and Marketing Appointments

CellPoint Digital, the global leader in Payment Orchestration, today announced the promotion of Michael Sørensen to Chief Technology Officer and Steven Osei to Chief Marketing Officer. These strategic moves reinforce CellPoint Digital's commitment to accelerating growth through enhanced technological capabilities and strengthened market presence.

Wednesday, October 9, 2024 - 08:39
62030
/news/people-moves/cellpoint-digital-bolsters-executive-team-technology-and-marketing-appointments
Financial IT
Sopra Banking Software Announces Brand Name Change to SBS

Sopra Banking Software (henceforth referred to as 'SBS'), the global financial technology company trusted by more than 1,500 financial institutions for their digital transformation needs, today announced that it will immediately begin using the brand name SBS as part of a global rebranding initiative.

Wednesday, October 9, 2024 - 08:35
62029
/news/banking/sopra-banking-software-announces-brand-name-change-sbs
Financial IT
Worldline and OPP Unveil Groundbreaking Embedded Payments Solution for Platforms and Marketplaces in Europe

Worldline, a global leader in payment services, and OPP (Online Payment Platform), a leading specialised payment provider for platforms and marketplaces, today announced the launch of their innovative Embedded Payments solution in Europe. This collaboration provides businesses with a suite of payment capabilities that are uniquely designed to address the complex needs of platforms and marketplaces.

Wednesday, October 9, 2024 - 08:29
62028
/news/payments/worldline-and-opp-unveil-groundbreaking-embedded-payments-solution-platforms-and
Financial IT

Pages