Online research from Equifax, the consumer and business insights expert, shows that using a debit or credit card with a pin number is still the preferred method of payment for 42% of people in the UK. Contactless methods followed at 34%, with the vast majority of these respondents (31%) preferring a contactless card to using their phone or wearable technology (3%).
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Lithuanian Business Angel Network’s (LitBAN) founding event, which took place on March 14th in Vilnius, was an overwhelming success with over 150 attendees and 50 registered paying members.
Temenos (SIX: TEMN), the banking software company, today announces a partnership with MAINSYS, a leading provider of IT services to the Belgian financial services sector. The partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector, and Temenos’ digital end-to-end banking technology packaged with global best practices.
Financial IT speaks with Steve Frook, VP Sales, Horizn Inc. at FinovateEurope 2018
AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that the company has successfully assisted clients to comply with AnaCredit requirements across the Eurozone, from large GSIBs with pan European reporting obligations to DSIBs, subject to high volume single jurisdiction reporting regulations. AxiomSL’s coverage currently includes Belgium, Germany, France, Spain, Netherlands, Ireland, Italy, Greece, Finland, Luxembourg, Estonia and Malta.
The banking and financial sectors are on the brink of a fundamental structural change. Compliance regulations have kept these industries trapped in long-overdue legacy systems. Yet, senior executives understood that they need to make a shift towards integrating more technology into their daily operations.
Reports are mounting of a widespread epidemic afflicting insurance companies worldwide. Symptoms include fledgling pilots, corporate inertia, and in the worst cases, a never-ending trajectory of business as usual.
If you are experiencing any of the above, you could be suffering from Stuck In The Lab syndrome. If left untreated, the syndrome could lead to outbreaks of dead-end pilots and the rampant transmission of corporate risk averseness. But fear not, for although the symptoms are debilitating, its causes have been identified and treatments are under development.
In an industry-first, Metro Bank, the revolution in British banking, has today announced the launch of its ‘walk out trading’ service.
With the length of time it takes to get up and running being a critical factor in determining how successful a new business will be, Metro Bank’s trading business customers will be able to accept and process card payments in a matter of hours.
Keychoice, the insurance distribution business owned by SSP, is pleased to announce the extension of its long-term relationship with the RAC for a further five years. This will see the RAC continue as its exclusive breakdown partner until early 2024.
The new deal underlines Keychoice's commitment to nurturing longstanding partnerships with market-leading brands, and the development of additional products through these partners to drive further benefit and value for its members.














