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Almost Half of 18-34 Put off Life Goals Such as Children Due to Affordability

Families are still feeling the acute financial burden caused by increased costs and higher interest rates, and new research from Moneyhub reveals that over half of people regularly worry about their financial situation. The research also shows that UK savers believe their banks could be doing significantly more to help them get to grips with their finances

Monday, February 26, 2024 - 10:18
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/news/personal-finance/almost-half-18-34-put-life-goals-such-children-due-affordability
Financial IT
Flagright Collaborates with SALT to Enhance Financial Security for SMEs in India & Asia

Flagright, a leader in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is thrilled to announce its partnership with SALT, a pioneering financial platform designed to empower SMEs in India & Asia. This collaboration is a testament to the shared Y Combinator heritage, underlining both companies' commitment to leveraging technology for financial security and innovation.

Monday, February 26, 2024 - 10:11
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/news/regtech/flagright-collaborates-salt-enhance-financial-security-smes-india-asia
Financial IT
The Currency of Convenience: 80 Percent of 85–95-year-olds Now Pay with Contactless

New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, further cementing it as the UK’s most popular payment method, owing to its speed and convenience. Usage grew across all age demographics, and the gap between older and younger audiences continues to narrow, with the fastest growth among the over 65s for the third year running.

Monday, February 26, 2024 - 10:01
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/news/e-payments/currency-convenience-80-percent-85-95-year-olds-now-pay-contactless
Financial IT
Retirement at Risk - 40% of Savers Struggle to Interact with Their Pension or Investment Provider

A lack of information is putting people off from potentially saving for a better future, according to new research from award-winning Open B

Monday, February 26, 2024 - 09:55
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/news/personal-finance/retirement-risk-40-savers-struggle-interact-their-pension-or-investment
Financial IT
iwoca Partners with Business Account Provider Countingup to Offer Flexible Loans

iwoca, one of Europe’s largest SME lenders, today announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup's users at the touch of a button.

Monday, February 26, 2024 - 09:20
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/news/lending/iwoca-partners-business-account-provider-countingup-offer-flexible-loans
Financial IT
2024 Financial Crime Trends to Watch

Industry expert Katarina Pranjic takes a look at why the costs of compliance, collaboration, perpetual KYC, and richer data could prove some of this year’s biggest trends for banks in the ongoing fight against financial crime…

Reducing the cost of compliance

Monday, February 26, 2024 - 09:13
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/blog/compliance-kyc-kyb/2024-financial-crime-trends-watch
Financial IT
TD Bank Launches "Tap to Pay on iPhone" for Small and Micro Businesses

TD, America’s Most Convenient Bank®, today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S. to use their mobile phones for a seamless and secure point-of-sale (POS) experience.

Friday, February 23, 2024 - 14:02
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/news/payments/td-bank-launches-tap-pay-iphone-small-and-micro-businesses
Financial IT
Repay Partners With Maxyfi to Modernize the Collection of Payments

Repay Holdings Corporation, a leading provider of vertically integrated payment solutions, today announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivable

Friday, February 23, 2024 - 13:00
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/news/lending/repay-partners-maxyfi-modernize-collection-payments
Financial IT
Finnish Digital Neobank Opens in Sweden and Raises the Interest Rates on Fixed-term Deposits to a New Level

Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year's deposit. "We want to increase fairness in fixed-term deposits," says Jarkko Mäensivu, the CEO of Saldo Bank.

The digital neobank with a Finnish background, Saldo Bank, will lift the interest rate competition of the fixed-term deposits to a new level in Sweden.

Friday, February 23, 2024 - 12:55
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/news/infrastructure/finnish-digital-neobank-opens-sweden-and-raises-interest-rates-fixed-term
Financial IT
iDenfy Announces a New Partnership with Rawcaster to Boost Influencer Security

iDenfy, a globally renowned RegTech company offering ID verification and fraud prevention tools, announced collaborating with Rawcaster, a social media platform designed for influencers and their fans. This partnership will help automatically assess risks related to fraudulent accounts, ensuring that all Rawcaster’s influencers and other social media users are protected against fraudulent attacks. 

Friday, February 23, 2024 - 12:48
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/news/digital-identity/idenfy-announces-new-partnership-rawcaster-boost-influencer-security
Financial IT

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