Only 5% of UK SMEs have no issue with their current Payment Service Provider (PSP)

More than half of SMEs (52%) are frustrated by slow response times

Fear (29% worry about adoption costs), uncertainty (31% worry a change will impact CX), and contract lock-in (28%) are preventing UK SMEs from switching PSP

Automation should be a top priority for insurance providers who urgently need to reduce the volume of repetitive tasks that prevent them from improving vital services, according to Jason Cripps, the former Global Head of Intelligent Automation at Zurich Insurance.

“Implementing sanctions against Russian banks and companies will be more difficult in practice than many might expect. This is because Russian companies could restructure subsidiary companies so that they are no longer classified by the Office of Foreign Assets Control as ‘Russian-owned’. To do this they can, and probably will, restructure so that their subsidiaries are no longer at least 50% owned by a Russian parent company. 

TotallyMoney, the credit app which helps everyone move their finances forward, has partnered with Cashplus, the leading SME-focused digital challenger to launch its new, market-leading cashback credit card.

 juli, the AI-powered digital health platform empowering patients and their care teams to manage complex chronic conditions, announced it has secured $3.8 million in a seed funding round. Leading the round were Speedinvest, one of Europe’s most active early-stage venture capital firms, and Norrsken VC, a fund investing in start-ups solving the world's biggest problems while building massive businesses.

India is known to be the world’s largest recipient of remittances, receiving $87bn in 2021*

Sokin, the next generation payments provider, is set to disrupt India’s $87bn* remittances market by giving the 18 million** Indian migrants living outside their homeland access to 51% cheaper global money transfers***.

The joint solution will provide fully integrated POS and digital ordering for 
hotels

• Leading fintech provider finova fully migrates its servicing solution to the cloud using cloud computing service, Microsoft Azure
• The enhanced product has built-in security controls, advanced self-serve features and leverages finova’s API gateway for rapid third-party integration
• The proposition is integrated to finova’s market-leading Apprivo2 core banking platform

Questions of security, opportunity and diversity

This Editor-in-Chief’s letter is being written as Russia’s armed forces are mounting what appears to be a full-scale invasion of Ukraine – a truly appalling outcome after months of mounting geo-political tension.

To support its new obligations under the Shareholder Rights Directive (SRD II), WealthSeed, a breakthrough digital application for easy investing and personal finance in Poland launched by Fair Place Finance S.A., announced it will utilize a blockchain-based disclosure solution from global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR).