A survey carried out by 3Gem for Amaiz, the new banking app, has revealed that just over 30% of micro-businesses don’t have a separate business bank account. These businesses risk muddling business and personal expenditure and breaking tax rules. The survey also found that 44% of micro-businesses are usually spending at least 3 hours a week on admin, with one in five spending around a day a week on getting the books in order.
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Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, has been named a Strong Performer by Forrester in its report, The Forrester Wave™: Digital Wealth Management Platforms, Q1 2020.
Dzing, a new to market electric money and payment institution, today announced the launch of its new mobile payment app, to allow international students, remote freelancers, overseas workers, and travellers, conduct financial services from their smart devices at high speed.
Now available on Android and iOS, the Dzing app will offer its users a simple, seamless process for transferring funds across borders in the UK and Europe. The app will also provide its customers with multi-currency accounts, as well as card and partner card options for users.
Beyond.pl (www.beyond.pl), a leading data center operator based in Poznan, Poland, has successfully been recertified as Rated 4 according to ANSI/TIA 942 standards. The Beyond.pl Data Center 2 maintains its position as one of the most secure data centers in Poland and Central and Eastern Europe and is operated to the highest industry standards. “Rated 4 certification is one of the most difficult certifications for a data center and we are pleased to have this recertification completed,” says Aman Khan, CEO of Beyond.pl.
Civic Technologies, a leading innovator in digital wallet solutions, today announced that Civic Wallet is the first and only crypto wallet to offer a $1 million (USD) digital currency guarantee provided by Coincover, the leader in high security, risk prevention and mitigation solutions, insured by Lloyd’s of London underwriters. Civic Wallet is currently in private beta.
Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package, which CEC Bank has integrated with its legacy systems, allowing it to launch, in March, a complex project aimed at digitalizing the products and services provided by the bank to customers in Romania and abroad. The package can be accessed 100% online and includes a current account, a debit card and access to the Mobile Banking service.
Over the last ten years, the retail e-commerce ecosystem has undergone a wide-ranging transformation. As recently as 2010, the e-commerce and payments value chain were relatively straightforward: Any eCommerce merchant could integrate a payment processor’s front-end HPP into their checkout or perform a deeper API integration for a customised checkout experience. The customer then enters their card details or other bank details, which were passed on to payment platforms and schemes for processing.
In the face of current restrictions on businesses, digital agencies NetXtra and Footprint Digital have partnered to provide an initiative to help businesses to market and sell online in as little as 48 hours.
NYMBUS® will help all financial institutions respond to the impact of COVID-19 through its live new program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection loans, enabling participating banks and credit unions to deliver instant financial relief for their small business customers.
Dwolla, the programmable payments platform, today announces the appointment of Brady Harris as the company’s CEO. With nearly 20 years of leadership in the Payments and FinTech space, Harris brings unparalleled expertise to the Dwolla team. Moving forward, Dwolla founder Ben Milne will support the company in multiple capacities, including as a member of the board.