In recent years, banking profits have been strong, with UK leaders reporting pre-tax gains of up to £24 billion. But alongside this success, competition has intensified. Fintech challengers are grabbing attention and market share, raising the bar with slick digital experiences, better personalisation, and tools designed around customer needs.
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Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), announced its extended strategic global agreement with Upvest, a leading provider of investment infrastructure in Europe, to further deliver and enhance end-to-end proxy voting and shareholder disclosure solutions for Upvest clients and their end users.
A new survey shows nearly half of all financial services executives are struggling with managing credit risk and detecting and preventing fraud. The survey also shows many are revamping their credit risk decisioning and fraud prevention strategies in 2025, with AI playing a prominent role.
QUBE Events is excited to bring back the NextGen Payments & RegTech Forum series to Malta on 20 February 2025 at the Hilton Hotel in St. Julian's – the vibrant hub for innovation and financial services! This prestigious forum offers valuable opportunities and powerful partnerships across all aspects of finance, from banking and insurance to asset management, fintech, compliance, and regulatory technology.
With the recent news that shops and service firms will not be compelled to accept cash, and with growing numbers of retailers opting for ‘card-only’ payment models, a significant swathe of the population is becoming disenfranchised. Refusing cash may appear to simplify the operational model, especially for retailers struggling to recruit and retain enough staff, but what is the bottom line impact when seven in 10 (71%) people still have some level of everyday reliance on cash?
Medius, a leading provider of AP Automation and wider spend management solutions, announces the promotion of Mary Flynn Barton to Chief Revenue Officer.
Bud Financial, the AI-powered financial data platform for banks, today announced that Jazari, a global Remit (Send) Now, Pay Later platform, has selected its platform to enhance their ability to offer seamless access to credit and a more efficient remittance process.
Worldline, a global leader in payment services, has entered a strategic partnership with FreedomPay, a leading global independent payment gateway. Focusing on the significant and rapidly evolving Travel & Hospitality sector, this collaboration will deliver innovative acquiring services and gateway capabilities to businesses across Europe and can be extended to Retail and other industries in the future.
As we enter 2025, financial wellness is becoming central to the employee experience. Nearly 60% of U.S. workers report facing financial stress, which impacts not only their personal lives but also their productivity, engagement, and job satisfaction. Employers have an opportunity—and arguably, a responsibility—to support their team’s financial wellness.
Tabby, the MENA’s leading financial services and shopping app, has raised $160 million in a Series E financing round at a $3.3 billion valuation, cementing Tabby as the most valuable fintech company in the region. The round was led by existing investors Blue Pool Capital and Hassana Investment Company, and drew additional participation from STV and Wellington Management.