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Ho-ho-holiday Spending Defies Cost-of-living Crisis as 69% of Consumers Plan to Increase or Maintain Festive Purchasing

New research from leading international payment service provider and UK and Europe direct bank card acquirer, Ecommpay, reveals that 80% of consumers changed their spending habits this year due to the cost-of-living crisis. However, over two-thirds still plan on increasing or maintaining their online spending for the festive season (69%).

A challenging year hasn’t dampened festive spirits

Tuesday, December 12, 2023 - 11:01
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Financial IT
Fime Becomes First European Lab Accredited by NVLAP for Biometric Testing

Tuesday, December 12, 2023 - 10:55
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Financial IT
Murex Expands Model Validation Offering with Financial Info and Analytics Leader

Murex, the global leader in trading, risk management and processing solutions for capital markets, has expanded its connectivity with financial information and analytics leader S&P Global Market Intelligence to cover model validation needs and provide an additional option to source market data into MX.3.

Tuesday, December 12, 2023 - 10:27
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Financial IT
ClearBank and LemFi Join Forces to Take on the Challenges of International Payments

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with LemFi (formerly known as Lemonade Finance), a leading fintech platform transforming financial services for immigrants.

Tuesday, December 12, 2023 - 10:22
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Financial IT
FICO Helps Millions of Ukrainian Refugees Get Access to Credit

Global analytics software leader FICO, recognized as a global leader in credit scoring analytics, has launched an innovative FICO® Score as part of an effort aimed at helping Ukrainian refugees get credit. This initiative is part of FICO’s long-standing commitment to financial inclusion, supporting an inclusive lending ecosystem, and developing innovative solutions to enable consumers to responsibly get access to credit.

Tuesday, December 12, 2023 - 10:12
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Financial IT
Paymentology Appoints Jeff Parker as CEO

Paymentology, a leading global issuer-processor, today announces the appointment of its new CEO Jeff Parker, who will be succeeding the interim Co-CEOs Abe Smith and Angy Watson. 

Tuesday, December 12, 2023 - 10:08
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Financial IT
Danske Bank and Netdania Announce Strategic Partnership

To enhance data visualisation and the charting experience of its District platform, Danske Bank has entered into a strategic partnership with Netdania, part of United Fintech, in a move welcomed as a first step in collaborating to accelerate the digital transformation of Denmark’s largest lender.

Tuesday, December 12, 2023 - 10:05
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Financial IT
French Fintech Aria Lands €15M to Bring the Digital Payment Experience to All Businesses
B2B payments represent $120 trillion in volume annually around the world but only 7% of this is conducted digitally.
Tuesday, December 12, 2023 - 10:01
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Financial IT
European Investors Start Making Bold Moves

European household assets have grown by 51% over the past 10 years. By the end of H1 2023, they totaled €34.08 trillion. This is approximately €93k per citizen aged 18+ compared to €62k a decade earlier.

Tuesday, December 12, 2023 - 09:55
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Financial IT
Confluence Announces Partnership with Manaos to Provide SFDR Reporting Solution

Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, today announced a partnership with Manaos, a modular platform built to simplify how institutional investors centralize portfolio data, connect ESG information, and report on the sustainability of their investment.

 

Tuesday, December 12, 2023 - 09:51
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Financial IT

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