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GenZ Most Reliant on Credit as UK Population Continues to Struggle Financially

People in the UK continue to feel the strain on their finances due to COVID-19 with those aged 18 to 24 most affected - according to credit reference agency Credit Kudos’ second Borrowing Index, which drills down into the nation’s current borrowing behaviour.

The survey of 2,000 people across the UK found that almost two in five (37%) of the youngest adults have seen their finances impacted (compared to 26% across the UK), while 43% had to increase their borrowing since the start of the pandemic.

Wednesday, November 4, 2020 - 14:58
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Financial IT
Clifford Chance Applied Solutions Develops New Digital Tool for Complex Banking Secrecy Regulations

Clifford Chance Applied Solutions announces the launch of a digital tool "Cross-Border Publisher: Banking Confidentiality" providing banks with trusted legal know how on banking duties of confidentiality on a multi-jurisdictional basis. The tool covers a growing list of key jurisdictions* for businesses, with more jurisdictions to be added subject to demand.

Wednesday, November 4, 2020 - 14:33
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Financial IT
Paynetics Leverages Visa Token Service Capabilities

Bulgarian fintech payment service provider Paynetics AD, today announced that it acquired tokenization capabilities through Visa Token Service to offer an extended range of services to businesses across Europe.

Wednesday, November 4, 2020 - 14:25
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Financial IT
Smartr365 Partners with Digidentity for Digital ID Verification

Smartr365, the end-to-end mortgage platform, has today announced a new exclusive partnership with Digidentity, the mortgage market’s premium digital ID provider.

Wednesday, November 4, 2020 - 14:06
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/news/digital-identity/smartr365-partners-digidentity-digital-id-verification
Financial IT
MYHSM Collaborates with Cyxtera to Continue its Global Expansion

MYHSM announces its Payment HSM as a Service will now be available via an additional cloud aggregator, Cyxtera, a global leader in data centre colocation and interconnection services.

Wednesday, November 4, 2020 - 13:54
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/news/payments/myhsm-collaborates-cyxtera-continue-its-global-expansion
Financial IT
Wealth-Tech Startup Winvesta Offers 3000+ US Stocks, ETFs and Bonds to Indian Investors

Overseas investments are fast gaining pace in India with increasing number of investors, especially millennial, exploring investments into US markets for portfolio diversification. In its bid to provide the Indian investors with better access to global markets, UK headquartered leading new-age wealth-tech platform, Winvesta, now enables investments in over 3000 US Stocks, ETFs and Bonds through its platform. The new additions include 900 ETFs that serve as pre-constructed portfolios for investors.

Wednesday, November 4, 2020 - 13:21
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Financial IT
Jim McKelvey
Wednesday, November 4, 2020 - 12:52
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Financial IT
Jack Dorsey
Wednesday, November 4, 2020 - 12:49
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Financial IT
Square
Wednesday, November 4, 2020 - 12:41
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Financial IT
Square
Wednesday, November 4, 2020 - 12:40
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Financial IT

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