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Plaid Launches Variable Recurring Payments as it Finds £1.5 Billion Savings Opportunity for UK Business

Plaidan open banking network and payments platform powering digital finance, has found that UK businesses could save over £1.5 billion annually in payment processing fees with the help of a new form of open banki

Tuesday, July 26, 2022 - 09:22
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Financial IT
Biometric Authentication is no Longer a Business Enabler – it’s Now Crucial for Long-term Sustainability and Success

Remote digital biometric authentication and verification are now firmly in the mainstream thanks to the need for businesses to be continuously active online. For this reason, technologies involving proven facial biometrics to onboard or authenticate customers, employees, suppliers, or the like, have become critical for the security of business operations, and for security and fraud prevention reasons. 

Tuesday, July 26, 2022 - 06:49
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Financial IT
2022 First China UK Green Finance Development Forum Successfully Held Online

On July 15, the 2022 China UK Green Finance Development Forum, jointly hosted by the International Institute of Green Finance (IIGF) of the Central University of Finance and Economics and the Chartered Institute for Securities & Investment (CISI), was successfully held online.

Tuesday, July 26, 2022 - 06:44
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/news/infrastructure/2022-first-china-uk-green-finance-development-forum-successfully-held-online
Financial IT
CRIF Expands Open Banking-powered Consumer Credit Scoring to the UK, Enabling Lenders to Better Understand Consumer and Business Customers

Europe’s leading provider of credit information, CRIF, has expanded its open banking-powered consumer credit solution to the UK, helping more people access affordable, responsible credit during the current economic climate.

Tuesday, July 26, 2022 - 06:35
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/news/open-banking/crif-expands-open-banking-powered-consumer-credit-scoring-uk-enabling-lenders
Financial IT
Financial IT Interviews Mark Ledsham - COO at Currencycloud
Tuesday, July 26, 2022 - 06:07
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Financial IT
Over Half of Global Business Leaders Believe Investing in AI will Give Them a Competitive Advantage

SambaNova Systems, the company delivering the industry’s only comprehensive software, hardware, and solutions platform to run AI and Deep Learning applications, today announced the results of its global research on AI adoption within enterprise organizations. It found that business leaders are increasingly deploying AI and progress could be further accelerated by moving beyond a fragmented proliferation of small models.

Tuesday, July 26, 2022 - 06:01
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/news/artificial-intelligence/over-half-global-business-leaders-believe-investing-ai-will-give-them
Financial IT
Pidgin Selected to Demo its Real-Time Payments Platform at FinovateFall

Pidgin, a secure real-time payments platform built for the future of payments, has been selected to demo at FinovateFall this year, which takes place September 12-14 in New York City.

Tuesday, July 26, 2022 - 05:38
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/news/payments/pidgin-selected-demo-its-real-time-payments-platform-finovatefall
Financial IT
Mastercard Names Ellen Jackowski Chief Sustainability Officer

Mastercard today announced Ellen Jackowski will join the company as Chief Sustainability Officer starting July 25, 2022. In this role, she will be instrumental in further integrating Mastercard’s Environmental, Social and Governance (ESG) strategy into the organization.

Tuesday, July 26, 2022 - 04:47
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/news/people-moves/mastercard-names-ellen-jackowski-chief-sustainability-officer
Financial IT
Al Sanam Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

Al Sanam Islamic bank, a newly-established Islamic bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

Monday, July 25, 2022 - 16:22
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/news/islamic-finance/al-sanam-islamic-bank-selects-ics-banks-islamic-banking-solution-icsfs
Financial IT
Shares Raises $40 Million for its Social Investment App

London-based social and community-based investing app Shares is eying European expansion and a move into crypto after raising $40 million in a Series B funding round led by Valar Ventures.

The round, which brings Shares' total funding to $90 million in a little over a year, comes two months after the app launched in the UK.

Monday, July 25, 2022 - 16:15
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Financial IT

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