Small businesses supplying the automotive, retail and manufacturing sectors face the longest-ever wait for payment from some of the UK’s largest companies, according to Good Business Pays.

Good Business Pays, which campaigns to stamp out bad payment practices and poor payment culture, analysed payment data that shows that the average number of days taken to pay suppliers has risen between February 2022 and February 2023.

Temenos today announced it has been named a Leader in Everest Group’s PEAK Matrix® evaluation of wealth management solutions, positioned the highest for vision and capability with its Temenos Wealth solution.

A new study from Juniper Research, foremost experts in the payments market, found that the transaction value of recurring payments will exceed $15.4 trillion globally in 2027,

Strategic priorities in the global insurance sector are shifting as firms increase their focus on operational resilience, according to new research from AutoRek, a reconciliation and finance automation fintech.

Bankjoy, a digital banking provider, today announced its integration with Fiserv Portico, a full-service account processing system. Through this integration, credit unions using Fiserv Portico will have greater flexibility to deploy Bankjoy’s world-class digital banking tools for their members.
 

Gate.io, the world's leading crypto asset trading platform, has launched a new wealth management product called Gate Wealth. This product is designed to provide professional, comprehensive, and customized wealth management services to global crypto investment users, helping them better manage their crypto assets.

Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint

Partnerships 

Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions

Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round.

Kashet is led by banking, technology, and service industry experts, including heavyweights Alex Wilmot-Sitwell from Bank of America and UBS, and Andrew Brookes of Bank of England, as well as international executives, Gary Steel and Jacob Waehrens.