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Virgin Money is Partnering with Flexys for BBLS Success

Virgin Money welcomes fintech partner Flexys' technology for delivering the UK government's Bounce Back Loan Scheme (BBLS) PAYG repayment choices. 

British businesses who suffered during the Covid-19 epidemic were granted relief through the government's BBLS. Virgin Money lent around £1 billion to 34,000 businesses. 

Wednesday, July 6, 2022 - 11:26
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/news/payments/virgin-money-partnering-flexys-bbls-success
Financial IT
Adyen Provides Omnichannel Payments Services to UNIQLO

Adyen, the financial technology platform of choice for leading companies, has been chosen by Fast Retailing, operator of UNIQLO, to power payments for the brand’s in-store and online checkout in multiple markets.

Wednesday, July 6, 2022 - 11:24
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Financial IT
Plum Launches Recyclable, Degradable Debit Card

London fintech Plum, Europe’s ultimate personal finance app, has launched a debit card to help its customers take control of their finances. The card is Plum's first move into spending, consolidating its position as a comprehensive money app.

Wednesday, July 6, 2022 - 10:58
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/news/payments/plum-launches-recyclable-degradable-debit-card
Financial IT
BNPL Company Openpay is Leaving US Market

Buy-Now-Pay-Later agency in Australia Openpay has terminated US operations and dismissed most of its staff, Reuters reports. 

The lender is the latest BNPL participant to experience the effects of rising interest rates and a wider economic slowdown, leading it to stop issuing loans in what it had recently called its major growth area.

Wednesday, July 6, 2022 - 10:53
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/news/payments/bnpl-company-openpay-leaving-us-market
Financial IT
Valtatech Becomes the First and Only Coupa-approved Peppol Connector Available on its App Marketplace and Business Spend Management Platform

Financial process automation experts and certified Peppol Access Point providers for Australia and New Zealand, Valta Technology Group (Valtatech), today announced its Peppol Connector for Coupa Invoice will be available to users in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions to enable them to send and receive e-invoices and e-orders via the Peppol network. C

Wednesday, July 6, 2022 - 10:51
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/news/payments/valtatech-becomes-first-and-only-coupa-approved-peppol-connector-available-its-app
Financial IT
Yapily Data Shows Open Banking Soaring Across Europe as UK Continues to Lead

Open banking maturity has soared across Europe over the last 12 months,  according to new research published in Yapily’s annual European open banking league table. 

Wednesday, July 6, 2022 - 10:40
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/news/open-banking/yapily-data-shows-open-banking-soaring-across-europe-uk-continues-lead
Financial IT
Zaggle is One of the 11 BFSIs Selected by NPCI and MeitY to Showcase Their Solutions at Digital India Week 2022

Zaggle, a profitable SaaS FinTech company and a pioneer in digitizing business spending, has been selected by NPCI and MeitY to showcase its solutions at the 8th edition of Digital India Week 2022 to be hosted in Gandhinagar, Gujarat from 4-8th Jul 2022. Out of 50+ entries, NPCI and MeitY hand-picked Zaggle for its innovative and state-of-the-art solutions.

Wednesday, July 6, 2022 - 10:31
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/news/management/zaggle-one-11-bfsis-selected-npci-and-meity-showcase-their-solutions-digital-india
Financial IT
Three in Five UK Adults Use Embedded Finance Services When Shopping Online

Three in five (60%) UK adults have used embedded finance services as part of the checkout process when shopping online in the past 12 months, according to a new survey from Temenos, the world's leading open platform for composable banking.

Wednesday, July 6, 2022 - 10:23
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/news/personal-finance/three-five-uk-adults-use-embedded-finance-services-when-shopping-online
Financial IT
SleekFlow Launches in the UK Following $8M Series A Funding Led by Tiger Global

SleekFlow, a leading SaaS omnichannel social commerce platform, has launched its new UK operation following an $8m Series A funding round.

The company, which has over 5,000 clients globally, has appointed e-commerce industry specialist Craig Johnson as its UK sales director and opened its doors in Waterloo, London. 

Wednesday, July 6, 2022 - 10:18
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/news/fundraising-news/sleekflow-launches-uk-following-8m-series-funding-led-tiger-global
Financial IT
American Express appoints Hannah Lewis to UK Country Manager

American Express has announced the appointment of Hannah Lewis as UK Country Manager and Senior Vice President, Head of UK for International Card Services which includes the UK consumer and commercial card businesses. She previously held the role of Vice President, Head of UK Consumer Products, Marketing and Brand. 

Wednesday, July 6, 2022 - 10:02
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/news/people-moves/american-express-appoints-hannah-lewis-uk-country-manager
Financial IT

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