Financial inclusion measures and the ongoing need for cash led to a rise in ATM numbers in almost half of all countries, but overall, the global ATM installed base fell slightly in 2020

Cash remains the most widely used method of payment in many countries

Ralf Ohlhausen, Executive Advisor at PPRO, comments:

FSS (Financial Software and Systems), a globally leading provider of integrated payment products and a payments processor, has introduced significant enhancements to its prepaid multi-currency card offering, aimed at providing greater choice, security, and convenience to international travellers.

Optimus – the conveyancing panel management specialist for mortgage brokers, lenders and estate agents – has today announced that Molo Finance – the UK’s first digital mortgage lender – has partnered with Optimus to provide instant access to conveyancing quotes so customers can seamlessly instruct a top-rated and performance managed solicitor for efficient property transactions, supporting both individuals

Ahead of NatWest becoming the first bank to appear in court over money-laundering breaches, John Dobson, CEO at anti-money laundering experts, SmartSearch, comments: 

“To have a bank the size of NatWest facing criminal proceedings in a British court is unprecedented and suggests a much more aggressive approach by the FCA in dealing with those who fail to properly prevent fraud.

Igoria Trade S.A., a European Payment Institution from Poland, has chosen payment services provider, Nets Group, to deliver its risk management solution, enhancing security for business and individual cardholders. The partnership further expands Nets’ growing presence in Poland, following the Group’s acquisition of local payment services provider Polskie ePłatności (PeP) in 2020.

Today, BSO, a global pioneering infrastructure and connectivity provider, reports 40% YoY revenue growth, alongside expanding its network to reach over 240 points of presence (PoPs), more than 40 cloud on-ramps and launched advancements to its radio frequency and hollow-core fibre technology, amid the pandemic. 

Nordea Bank Abp has on 26 May 2021 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which Sampo plc's shareholding of Nordea Bank Abp’s shares and voting rights has decreased below the threshold of 15 percent on 25 May 2021.

The total number of shares and voting rights in Nordea Bank Abp is 4,049,951,919.

Over eight in ten (84%) online shoppers would turn their back on a retailer after a bad returns experience. That’s according to new research from Klarna, which highlights the power of returns as a customer acquisition and retention tool, and the repercussions of getting them wrong.  

FTRC has today launched a dedicated information hub on AdviserSoftware.com – the ultimate destination for financial advisers, wealth managers, and mortgage brokers – providing advisers with a one-stop shop of everything they need to know about the technology available to them to better run their businesses.