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Open Banking Remains Top Priority for UK Banks, Yapily Data Reveals

Today, new data released by Yapily — the leading open banking infrastructure provider — reveals that UK banks have continued to invest in open banking technology as user adoption grows.

The data, which analyses the average open banking API response times across 10 of the UK’s top traditional banks, reveals that 100% have improved their response speed between 2020 and 2021, in some cases by up to 37%. 

Wednesday, February 2, 2022 - 14:28
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Financial IT
Banks Juggling Multiple Tech Systems Hinders Market and Trade Surveillance, Says Study

Having numerous technology systems scattered across the business is the biggest obstacle to financial institutions achieving strong market and trade surveillance this year, according to new research from VoxSmart. 

Wednesday, February 2, 2022 - 14:21
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Financial IT
Ecobank Cape Verde, Official Sponsor of the Cape Verde Pavilion at Expo 2020 Dubai

Ecobank to use the Pavilion to grow its profile and visibility in UAE
 
Participation to promote investments back to Cape Verde; Ecobank (www.Ecobank.com ) to use the Pavilion to grow its profile and visibility in UAE; Ecobank’s network of 33 countries key to reaching Sub Saharan Africa, as well as 5 Representative Offices, one of which is located in Dubai, UAE.

Wednesday, February 2, 2022 - 14:13
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/news/banking/ecobank-cape-verde-official-sponsor-cape-verde-pavilion-expo-2020-dubai
Financial IT
Crunchr Raises Funding to Revolutionise People Analytics for Enterprise HR Teams

●      Crunchr is a leading people analytics platform that helps companies understand what’s happening within their workforce and organization, and to get actionable insights to improve workforce productivity and employee engagement.

●      Crunchr will use the new funding to invest in product development and international expansion, and plans to treble the team within 18 months.

Wednesday, February 2, 2022 - 14:01
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/news/fundraising-news/crunchr-raises-funding-revolutionise-people-analytics-enterprise-hr-teams
Financial IT
Accenture to Develop UAE National Instant Payment Platform

 Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strategy. In collaboration with SIA, now part of Nexi Group, and G42, Accenture will build and operate the National Instant Payment Platform (IPP) over the next five years.

Wednesday, February 2, 2022 - 13:52
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/news/payments/accenture-develop-uae-national-instant-payment-platform
Financial IT
CUBE and LogicGate Partner for Comprehensive Regulatory Compliance Solution

CUBE and LogicGate partner to offer customers holistic and proactive regulatory solution that will automate their manual processes 

Wednesday, February 2, 2022 - 13:12
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/news/regtech/cube-and-logicgate-partner-comprehensive-regulatory-compliance-solution
Financial IT
Commerzbank and Fraunhofer Whitepaper: Big Data, Blockchain, Internet of Things and Artificial Intelligence Set to Revolutionise Trade and Supply Chain Finance
  • Whitepaper sees trade and supply chain finance industries at a turning point
     
  • Report identifies building blocks of the new trade finance ecosystems
Wednesday, February 2, 2022 - 13:01
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/news/blockchain/commerzbank-and-fraunhofer-whitepaper-big-data-blockchain-internet-things-and
Financial IT
Charles Taylor Joins the Ai Battle Against Fraud by Investing in Cutting-edge Insurtech

Charles Taylor, the provider of claims and technology solutions to all parties in the global insurance market, has entered into a partnership with Fraud Keeper (FK), acquiring a majority share of the company.

Wednesday, February 2, 2022 - 12:43
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/news/insurtech/charles-taylor-joins-ai-battle-against-fraud-investing-cutting-edge-insurtech
Financial IT
Splitit Finds Over Half of Uk Credit Card Holders Plan to Use Buy Now, Pay Later in 2022
  • Over half of UK credit card holders (54%) plan on using a Buy Now, Pay Later (BNPL)1 service within the next 12 months.

  • 46% agree using a BNPL service is a smarter way to manage their finances.

  • In the next year, a fifth (20%) plan to use a BNPL service over four times.

  • Just under half (49%) agree they prefer a BNPL service that works with their current credit card(s).

Wednesday, February 2, 2022 - 12:03
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/news/payments/splitit-finds-over-half-uk-credit-card-holders-plan-use-buy-now-pay-later-2022
Financial IT
Failure of 'easy' Resolutions Show It Is Time for Brits to Take a Long-term View
  • People believe popular new year’s resolutions such as exercising or eating healthily are easier to commit to than saving into their pension
  • Less than half of adults say they would easily commit to saving an extra £75 a month into their pension
  • One in five people don’t currently save into their pension each month
Wednesday, February 2, 2022 - 11:42
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Financial IT

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