With high inflation and the cost-of-living crisis pushing people towards increased borrowing*, research by GBG, the experts in digital identity, has uncovered that people applying for buy-now-pay-later (BNPL) accounts are less likely to be subject to affordability checks.
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As the deadline for e-invoicing adoption is nearing for GST-registered businesses with a turnover of 10 crore and above, Tally Solutions gears up to assist these businesses to seamlessly transition and manage e-invoicing with its fully connected solution - TallyPrime. The company has been taking extensive efforts to educate businesses across the country about the amendment to ensure they remain compliant.
Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has announced today its certification as a B Corporation (B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit.
Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report to give banking providers key insights on Super Apps and the critical factors that could make them a future threat to traditional banking providers.
BharatPe, India’s leading fintech company, today announced that it has achieved an important milestone on its road to profitability with BharatSwipe, the company’s POS business turning profitable. BharatPe has achieved this milestone 2 years of the launch of the product. The company also shared that this is the fastest-ever launch to the profitability story of any brand in the POS category in the country.
Urgent reform of Universal Credit (UC) is needed to provide support to vulnerable households, according to responsible lender Creditspring, as nearly a third (29%) of low earners are reliant on savings to pay bills – compared to the 21% average for the rest of the UK.
New research from Creditspring also indicates that almost a quarter (22%) of people across the UK will have to take out a loan to pay a bill when their savings run out.
Policy Expert, the UK’s leading personal lines Insurtech, registered its best-ever month for sales in August as it attracted new customers and renewals in record numbers.
Total home and motor policies sold grew 28% year-on-year in August, with over 128,000 policyholders either switching to Policy Expert or renewing their existing cover.
The international expansion of the BKN301 group, a fintech company offering Banking-as-a-Service solutions with a focus on high-growth markets, continues. Thanks to BKN301 Tech S.r.l., the group's technology arm, the company lands in Qatar in partnership with Soft Lab Business Solutions & Consulting WLL (SBS).
Worldline India, a leader in digital payment services today announced the launch of Paytech Pioneer Programme to onboard some of India’s best Engineering Talent from college campuses across the country.