Savers in the basic, higher and additional rate tax bands who invest the maximum £20,000 allowance into an ISA this tax year will need their provider to deliver a minimum rate of return of 1.84% p.a. to beat inflation. 

The situation is far worse for 20% tax payers with non-ISA investments of £20,000, who must achieve a rate of 2.30% just to keep pace with inflation, rising to 3.34% for a 45% additional rate tax payer. 

There is an undeniable convenience that comes with shopping online - a few clicks of a button and a parcel arrives at your doorstep the next day. The ability to be able to shop 24/7 saves customer’s time and money, which online merchants can capitalise on and encourage spending by sending discounts direct to customers. However, while shopping online is arguably easier for consumers rather than facing busy in-store queues, fears over the safety of purchasing goods online continue to rise.  

Independent not-for-profit standards association, The Banking Industry Architecture Network (BIAN), today announces the appointment of Michael Lewis of Citi to its Executive Board. Michael currently serves as Chief Technology Officer of Citi’s Global Consumer Technology organization, where he is responsible for building and driving Citi’s architecture and technology roadmap.

Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce. 

Alternative Airlines, a UK-based flight search website that offers a fast, easy and convenient way to book flights to remote destinations, has announced a new partnership with Klarna, one of the leading European payment providers, to allow customers an alternative and flexible way to pay for their travel. 

Cleo, the global leader in cloud integration software, proudly announces a technology partnership with Sage,the market leader in cloud business management solutions. As part of this relationship, Cleo has integrated its market-leading iPaaS platform, Cleo Integration Cloud, with Sage Intacct, a cloud financial management solution available in Sage Business Cloud.

Building on its commitment to drive positive change through its data and insight, Refinitiv today announced that it has appointed Leon Saunders Calvert as Head of Sustainable Investing & Fund Ratings, a newly created role that brings together Refinitiv’s ESG Sustainable Investing and Lipper Fund Ratings businesses to increase focus on unearthing links between sustainable business strategies and financial performance.    

HCL Technologies (HCL), a leading global technology company has been categorized as a Leader in Everest Group’s recently released report, Life & Pensions (L&P) Insurance Digital Services PEAK Matrix™ 2019 – Leapfrogging the Digital Transformation Stage.  This report analyzes the changing dynamics of the L&P Digital services landscape and assesses service providers across several key dimensions.