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Three-quarters of Pension Savers Would Choose ‘Pot for Life’ Pension

New research from leading online pension provider, PensionBee, reveals a notable enthusiasm among c.1,000 UK pension holders for the recently announced ‘pot for life’ pension model.

Over three-quarters (76%) of pension savers expressed that they would consider opting for the new model, while only 5% of savers stated that they would not be interested in having their own pension into which employers can pay contributions.

Friday, November 24, 2023 - 12:32
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Financial IT
ALT21 Welcomes Ann Stock as New Board Member

ALT21, a leading hedging technology company, welcomes Ann Stock to its board of directors.

The Board announcement follows the Company’s recently closed USD 21mio (19.4mio EUR) million funding round, one of the largest pre-series A funding rounds in Europe so far this year, to support the next stage of its growth.

Friday, November 24, 2023 - 12:18
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Financial IT
Men Most Likely to Use BNPL for Black Friday Purchases This Year, as Shoppers Plan to Use the Payment Option More Due to the Increasing Cost of Living

New research from leading international payment service provider and UK and Europe direct bank card acquirer, Ecommpay, reveals that men are more likely to use Buy Now, Pay Later (BNPL) (44%) compared to women (35%) this Black Friday. When asked why, two in five consumers (39%) cited the increasing cost of living and inflation as their reason for using BNPL services more in 2023 – with expected use up from 35% in 2022.

Friday, November 24, 2023 - 10:57
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Financial IT
Nigerian Trade Finance Startup FrontEdge Secures $10M

Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.

Friday, November 24, 2023 - 10:27
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/news/fundraising-news/nigerian-trade-finance-startup-frontedge-secures-10m
Financial IT
Lasso Security Emerges from Stealth With $6 Million Seed Funding to Pioneer Gen AI and Advanced LLM Cybersecurity

Lasso Security, innovators in Large Language Models (LLMs)  cybersecurity, announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI.

Friday, November 24, 2023 - 09:58
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/news/fundraising-news/lasso-security-emerges-stealth-6-million-seed-funding-pioneer-gen-ai-and
Financial IT
Sopra Steria Financial Services Designs Bespoke Digital Tool to Help People in Vulnerable Situations

A new digital solution that helps identify and support people in vulnerable situations has been launched at one of the UK’s leading credit unions.

Developed by Sopra Steria Financial Services, a subsidiary of the purpose-led digital transformation provider, Sopra Steria, and in partnership with the University of Edinburgh, Support Point will soon be available to all members at Capital Credit Union.

Friday, November 24, 2023 - 09:39
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Financial IT
“False Positives Are a Real Negative” Warns Seon in Run Up to Black Friday

As the holiday season approaches, SEON, a leader in online fraud prevention, has shed some light on the unique challenges and trends that businesses face during Black Friday and Cyber Monday. Drawing from its own internal data, SEON presents a nuanced picture for online businesses operating during this period.  

Friday, November 24, 2023 - 09:04
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Financial IT
AMLYZE and Plumery Forge Strategic Partnership, Revolutionizing Digital Banking Solutions

AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, and Plumery, a 3rd generation digital banking solution provider, have joined forces in a groundbreaking partnership to reshape the landscape of financial technology.

Friday, November 24, 2023 - 08:56
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/news/banking/amlyze-and-plumery-forge-strategic-partnership-revolutionizing-digital-banking
Financial IT
The Evolving Legal Framework — Cryptocurrency Regulations in Europe

The regulatory landscape for cryptocurrencies in Europe is a tapestry of diverse approaches, from pioneering jurisdictions to EU-wide harmonization efforts. Navigating this landscape requires adaptability, collaboration, and a nuanced understanding of the interplay between regulation and innovation.

Unlocking the full potential of cryptocurrencies in Europe demands staying informed and agile in an ever-evolving regulatory environment!

Friday, November 24, 2023 - 08:50
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/news/cryptocurrencies/evolving-legal-framework-cryptocurrency-regulations-europe
Financial IT
IDEX Biometrics Receives IDEX Pay Order for Biometric Metal Payment Cards

IDEX Biometrics has received an initial order for IDEX Pay from a smart card manufacturing partner in Asia who will deploy biometric metal payment cards for their bank clients world-wide. Cards produced from this order are expected to reach customers during the first quarter of 2024. 

Friday, November 24, 2023 - 08:20
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/news/payments/idex-biometrics-receives-idex-pay-order-biometric-metal-payment-cards
Financial IT

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