Buy Now, Pay Later

The majority of UK consumers are unhappy with high-street banks, believing they have prioritised profits over passing higher interest rates on to savers, new research has revealed.

A survey of 2,000 UK adults commissioned by SmartSave, run by Chetwood Financial found that 65% of people believe that mainstream banks are putting their profits ahead of passing on higher interest rates to their customers despite the base rate hikes.

No financial institution wants to support criminal activity or risk substantial fines from regulators that also damage their reputation. Yet many are doing so because they are not doing enough to prevent money laundering.

Identifying and stopping money laundering, particularly as digitalisation creates new opportunities for it to take place, is proving a challenge for financial institutions who are on the front line in trying to prevent it.

Blockchain for finance pioneer Quant announced today the availability of Overledger Platform in the Zapier store, enabling users and enterprises to build automated workflows customised for their role and business.

Zapier is an industry leading no-code development platform, its ‘zaps’ are beloved by millions for their ability to seamlessly integrate business applications and systems to automate workflows.

Global Fintech leader Broadridge Financial Solutions, Inc. announced today that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle in support of its private credit and collateralized loan obligation (CLO) portfolio management.

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, in partnership with Visa and ecolytiq (Visa partner and a global company providing sustainability service solutions) announced an innovative feature to its Mobile App with the introduction of the Carbon Emission Tracker Feature. This innovative move sets a new standard in Qatar and the broader region, reinforcing QIB's commitment to reshaping the digital banking landscape with a focus on sustainability and environmental awareness.

The INSEAD Alumni Balance in Business Initiative (BiB) is delighted to announce Lloyds Banking Group as the headline sponsor of the INSEAD Alumni Balance in Business Awards 2024. Dawn Capital, Europe's largest specialist B2B software investor and BiB Awards Founding Partner, is also sponsoring.

The World Federation of Exchanges (the WFE), the global industry group for exchanges and CCPs, is convening stakeholders at COP 28. The event is being held jointly with Dubai Financial Market at Nasdaq Dubai MarketSite on 5th December - the Just Transition Day at COP 28.

Shoppers are being warned to remain vigilant when shopping this festive period as over two-thirds (62%) of scam victims over 65 have fallen to a purchase scam, research from Feedzai, the financial crime and risk management solution, has found. 

Electronic Money Institution Sends now partners with Sumsub, the leading verification platform for monitoring fraud. This cooperation reduces fraud and verification hurdles and makes Sends secure and stress-free for clients.