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Survey Finds UK Shoppers are Frustrated with SCA and Merchants are Missing Out

After more than three months of living with regulations designed to protect e-commerce shoppers, consumers in the UK say they embrace measures to secure their transactions, but that they won’t tolerate a poorer shopping experience in the process, according to a new survey conducted by Signifyd, the market leader in e-commerce fraud protection.

Wednesday, July 6, 2022 - 12:04
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Financial IT
German Payments Landscape – What’s Next?

Despite its reputation for technical innovation, Germany has traditionally been heavily reliant on cash. Cast your mind back to 2016 when, in a bid to tackle money laundering and terrorism financing, the German Finance Minister announced plans to ban the use of cash for purchases over €5,000. The German tabloid, Bild, responded with an open letter ’Hands Off Our Cash’, denouncing the move.

Wednesday, July 6, 2022 - 11:56
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Financial IT
Group-IB Announces Regional Diversification of Business

Group-IB, one of the global leaders in cybersecurity, has completed the first step in a series of actions aimed at separating its Russia and CIS business. Group-IB has just transferred its activities in Russia to a new entity under local management.

Wednesday, July 6, 2022 - 11:49
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Financial IT
Klarpay Becomes New Visa Principal Member

Wednesday, July 6, 2022 - 11:34
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Financial IT
Virgin Money is Partnering with Flexys for BBLS Success

Virgin Money welcomes fintech partner Flexys' technology for delivering the UK government's Bounce Back Loan Scheme (BBLS) PAYG repayment choices. 

British businesses who suffered during the Covid-19 epidemic were granted relief through the government's BBLS. Virgin Money lent around £1 billion to 34,000 businesses. 

Wednesday, July 6, 2022 - 11:26
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Financial IT
Adyen Provides Omnichannel Payments Services to UNIQLO

Adyen, the financial technology platform of choice for leading companies, has been chosen by Fast Retailing, operator of UNIQLO, to power payments for the brand’s in-store and online checkout in multiple markets.

Wednesday, July 6, 2022 - 11:24
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Financial IT
Plum Launches Recyclable, Degradable Debit Card

London fintech Plum, Europe’s ultimate personal finance app, has launched a debit card to help its customers take control of their finances. The card is Plum's first move into spending, consolidating its position as a comprehensive money app.

Wednesday, July 6, 2022 - 10:58
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Financial IT
BNPL Company Openpay is Leaving US Market

Buy-Now-Pay-Later agency in Australia Openpay has terminated US operations and dismissed most of its staff, Reuters reports. 

The lender is the latest BNPL participant to experience the effects of rising interest rates and a wider economic slowdown, leading it to stop issuing loans in what it had recently called its major growth area.

Wednesday, July 6, 2022 - 10:53
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Financial IT
Valtatech Becomes the First and Only Coupa-approved Peppol Connector Available on its App Marketplace and Business Spend Management Platform

Financial process automation experts and certified Peppol Access Point providers for Australia and New Zealand, Valta Technology Group (Valtatech), today announced its Peppol Connector for Coupa Invoice will be available to users in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions to enable them to send and receive e-invoices and e-orders via the Peppol network. C

Wednesday, July 6, 2022 - 10:51
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Financial IT
Yapily Data Shows Open Banking Soaring Across Europe as UK Continues to Lead

Open banking maturity has soared across Europe over the last 12 months,  according to new research published in Yapily’s annual European open banking league table. 

Wednesday, July 6, 2022 - 10:40
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Financial IT

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