Capitalising on the big fast forward and restoring customer confidence in an increasingly contactless world

2021 will be the year for businesses and consumers alike to fully take advantage of the huge leap that we have seen take place in the payments industry, as a result of the pandemic. Technology that we thought would take years to be adopted on a mass scale has suddenly become the norm, and we have even seen a resurgence of older technologies that have solved new problems.

Pleo, the fintech empowering businesses with a smart spending and expense management solution, today announces Google Pay functionality for its 13,000+ European and UK customers.

The prize-linked savings app EverUp has chosen the Payments as a Service FinTech Modulr to power its payments infrastructure, including access to Faster Payments. 

Xiatech, a UK Headquartered system integration and data analytics specialist, has agreed a growth capital investment with Rockpool Investments. 

The role of the finance broker has grown in recent years, with increased responsibility and trust from lenders to deliver suitable matches and customers to meet their specific needs. However, it has also been a time where a common sense approach has helped start, grow and develop a large number of businesses that perhaps aren’t of interest to the mainstream banks.

everyoneINVESTED and Objectway – a leading international player in Digital Wealth & Asset Management software – have entered into a partnership agreement that will enable them to leverage their ambition of providing professional asset managers and financial institutions with access to everyoneINVESTED's innovative digital investment technology. The first solution that Objectway will offer the international market is built around everyoneINVESTED's 'Profiler', a fast and user-friendly app for creating digital investor profiles.

The COVID-19 crisis has accelerated the growth of e-commerce across Europe and with the closure of so-called “non-essential” shops, consumers have turned to online shopping. As a result, Black Friday sales volumes have reached new heights. Worldline, the European leader in the payment and transactional services sector and number 4 on a global scale, recorded a significant increase in e-commerce transactions during the two days of Black Friday and Cyber Monday shopping season in Benelux and DACH regions.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel. Bank Hapoalim, Israel’s largest bank that currently manages more than 30% of the total bank guarantees in the country, has signed up as the anchor customer for the platform.

Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid, and multicloud computing, announced that its Board of Directors has appointed Rajiv Ramaswami as President and Chief Executive Officer, effective Wednesday, 9 December, 2020, and as a member of the Board of Directors, effective Monday, 14 December, 2020.

OpenFin, the operating system (OS) of finance, announced today that it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. The capital will accelerate new product development and brings OpenFin’s total funding to date to $50 million (USD).