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Baby Boomers to Lead Buy Now, Pay Later Growth as Two in Five Plan to Use Services in the Coming Year

TransUnion, a global information and insights company, has released results from its Q1 Consumer Pulse survey revealing sustained demand for Buy Now, Pay Later services (BNPL).

BNPL services allow consumers to split purchases into manageable instalments, often interest-free. Nearly a quarter of adults (23%) said they have used the service in the past year, mirroring pre-festive season observations.

Friday, April 5, 2024 - 00:41
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/news/lending/baby-boomers-lead-buy-now-pay-later-growth-two-five-plan-use-services-coming-year
Financial IT
Skipify and Visa Partner to Extend Reach and Capabilities of Skipify’s Connected Wallet

Skipify, a leading financial technology company redefining the checkout experience, today announced its partnership with Visa, a world leader in global payments technology, through the Visa Digital Commerce Program. Through this effort, Skipify aims to reinvent the way consumers transact, leveraging cutting-edge technologies to simplify and accelerate the payment process.

Thursday, April 4, 2024 - 14:00
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/news/payments/skipify-and-visa-partner-extend-reach-and-capabilities-skipifys-connected-wallet
Financial IT
FullCircl Continues to Reimagine Prospecting for Regulated Businesses
FullCircl, a UK-based SaaS platform that removes regulatory and verification roadblocks to drive revenue growth, has announced the launch of ‘Find Companies’, its reimagined prospecting tool designed to help regulated businesses build an intelligent prospecting strategy for today’s dynamic market.
 
Thursday, April 4, 2024 - 13:38
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/news/regtech/fullcircl-continues-reimagine-prospecting-regulated-businesses
Financial IT
UnaFinancial Launches Instalment Loans in the Philippines

UnaCash, an in-app and in-store financial solutions provider, was launched in 2021 in the Philippines as part of UnaFinancial, a Singapore-headquartered fintech group. UnaCash was started as a buy now, pay later service, while in July 2023 it was upgraded to offer point-of-sale (POS) loans to customers. Now, the service also provides installment loans amounting from ₱3,000 to ₱50,000 with a repayment period of 2 to 12 months. They are being offered to existing customers with outstanding credit history.

Thursday, April 4, 2024 - 13:30
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/news/lending/unafinancial-launches-instalment-loans-philippines
Financial IT
Wolters Kluwer Launches AI-powered OneSumX® Reg Manager to Enhance Regulatory Change Management

Wolters Kluwer Compliance Solutions has launched OneSumX® Reg Manager to help U.S. community banks and credit unions enhance their regulatory change management efforts.

Thursday, April 4, 2024 - 13:21
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/news/regtech/wolters-kluwer-launches-ai-powered-onesumxr-reg-manager-enhance-regulatory-change
Financial IT
Tally Launches Credit Card Debt Management Platform For Partners

Tally, a fintech startup known for helping people diligently pay down their credit card debt, today announced the release of its white-labeled credit card debt management software, a B2B offering that scales Tally’s mission to give consumers a better path to debt management. Tally's first partner, a large publicly traded consumer company with more than 50 million users, is slated to launch Tally’s software to its users in July 2024.

Thursday, April 4, 2024 - 13:15
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/news/credit-cards/tally-launches-credit-card-debt-management-platform-partners
Financial IT
Neonomics Selected by Endavu to Scale Investment App via Open Banking

Neonomics, a leading open banking company and Endavu, the fastest-growing investment platform in Denmark, have partnered to streamline the process for users of Endavu to fund their investment accounts. This collaboration aims to enhance accessibility, allowing users to seamlessly invest in over 50,000 different stocks and ETFs across more than 25 different markets.

Thursday, April 4, 2024 - 12:25
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/news/investment/neonomics-selected-endavu-scale-investment-app-open-banking
Financial IT
Apex Group Paves the Way by Harnessing the Power of Blockchain to Open Up Access to Global Private Market Funds

Apex Group has become the first transfer agent and fund service provider to administer regulated securities, using blockchain as the book of record. This ground-breaking approach enables global private market funds to access a more diverse and significantly larger pool of qualified investors.

Thursday, April 4, 2024 - 12:19
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/news/cryptocurrencies/apex-group-paves-way-harnessing-power-blockchain-open-access-global-private
Financial IT
Zip Introduces New Enterprise Capabilities To Help the World’s Largest Organizations Modernize Global Procurement and Drive Cost Savings

Today, the world’s leading Intake and Procurement Orchestration platform and Intake-to-Pay suite, Zip introduces new enterprise capabilities that enable businesses to drive compliance, strengthen integrations across other tools, and scale faster as the company helps customers, including publicly traded companies such as Northwestern Mutual, Coinbase, and Snowflake, save billions.

Thursday, April 4, 2024 - 12:15
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/news/financial/zip-introduces-new-enterprise-capabilities-help-worlds-largest-organizations
Financial IT
The Bank of England and the FCA Issue Joint Consultation and Draft Guidance on the Digital Securities Sandbox

The Bank of England and Financial Conduct Authority (FCA) are consulting on their proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is an initiative run by the regulators that will help facilitate the adoption of innovative technology in digital assets in the UK.

Thursday, April 4, 2024 - 12:07
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/news/trading-systems/bank-england-and-fca-issue-joint-consultation-and-draft-guidance-digital
Financial IT

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