Finastra, a global provider of financial software applications and marketplaces, and OpenFin today announced a partnership to redefine the user experience of Finastra Kondor, a leading bank treasury management system.

Cashflows, the platform that makes it easy for businesses to accept payments, today launches the new Cashflows Developer Portal. The enhanced portal acts as a one-stop-shop to empower merchants and partners with access to all of Cashflows’ products and services, streamlining and simplifying the onboarding process.  

The Norfolk FinTech Report 2024 - commissioned by Tech East and independently produced by Whitecap Consulting - forecasts Norfolk's FinTech sector could be worth £100M by 2027, with the number of FinTech firms doubling within the next three years and forecast to create more than 600 new roles in the region.

New research from embedded finance specialist Weavr reveals that a staggering 94% of Accounts Payable (AP) professionals would prefer their AP software to be able to execute payments, not just prepare them. Based on a survey of 250 UK finance and accounting professionals, the data shows a significant number of pain points within current industry solutions.

Monument (or the “Bank”) proudly announces a significant milestone in its journey: it has reached £2 billion in customer deposits and interest-bearing assets, with £1 billion raised in just four months, from January to April 2024.  

Today, the Consumer Financial Protection Bureau (CFPB) issued a new report that suggests consumers tend to pay more for products that have more complex pricing structures. The report is based on experiments with multiple rounds of buyers and sellers interacting in simple markets, and found that participants tended to pay more when prices were broken into sub-parts and were harder to understand.

Topps Tiles, the UK’s number one tile specialist, has tapped bank payments company GoCardless to power the payments behind Trade Pay, its newly launched trade credit scheme which gives traders the ability to regularly pay on credit in Topps Tiles stores. 

Ansa, the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced today a $14M Series A funding round. The round was led by Renegade Partners with participation from Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures.

PayNearMe, the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine™ as its exclusive payments platform to facilitate the deposit and payout experience for its online gaming players in Pennsylvania. With MoneyLine, Mohegan Digital has access to the widest range of payment types, along with sophisticated fraud and risk prevention capabilities, through a single integration.