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Nutanix Study Projects Hybrid Multicloud Adoption for Financial Services Will Triple, as Organisations Prioritise Data Security & AI

Nutanix, a leader in hybrid multicloud computing, announced the findings of its sixth annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the financial services and insurance industry.

Tuesday, June 25, 2024 - 14:46
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/news/cloud/nutanix-study-projects-hybrid-multicloud-adoption-financial-services-will-triple
Financial IT
GFT: Consumers Seek More Bank Support as Debts Mount
The average British consumer has almost £2,700 of credit card debt, and more than a third have, or contemplated taking out, a payday or short-term loan to cover rising debt costs in the last 12 months, according to new research.
 
Despite this mounting debt, over a third (39%) of consumers are not using any tools to help manage their spending. Around one in four (26%) are still using manual software such as Microsoft Excel to track their expenses.
Tuesday, June 25, 2024 - 14:28
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/news/personal-finance/gft-consumers-seek-more-bank-support-debts-mount
Financial IT
dLocal Secures Partnership with Kenyan Commercial Banking System
dLocal, the leading cross-border payment platform specializing in high-growth markets, has finalized a partnership agreement with the KCB Group, the commercial banking services handled by the Central Bank of Kenya, including inbound remittance services. The approval comes almost exactly one year after the country approved dLocal local entity for its first payment services license.
 
Tuesday, June 25, 2024 - 14:14
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/news/infrastructure/dlocal-secures-partnership-kenyan-commercial-banking-system
Financial IT
LoopFX Announces £2.6M Investment from Augmentum Fintech PLC

LoopFX announces a fresh round of funding with Augmentum Fintech, Europe’s leading fintech fund, who have taken a £2.6mln stake in the business.

Augmentum’s Founder & CEO Tim Levene will join the Board of LoopFX, which is chaired by John Sievwright and includes experienced financial services entrepreneurs Martin Gilbert, Michael Soutar and Ivan Ritossa.

Tuesday, June 25, 2024 - 14:09
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/news/fundraising-news/loopfx-announces-ps26m-investment-augmentum-fintech-plc
Financial IT
myPOS Unveils Tap to Pay on iPhone for Merchants in Germany

UK-based payments company, myPOS, is introducing Tap to Pay on iPhone for businesses in Germany. Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhone, with no additional hardware needed. Tap to Pay on iPhone enables merchants to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets.

Tuesday, June 25, 2024 - 13:43
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/news/payments/mypos-unveils-tap-pay-iphone-merchants-germany
Financial IT
Glia Delivers Unified Interactions to CU*Answers’ Digital Banking Platform

Glia, the leader in customer interaction technology, today announced a strategic partnership with CU*Answers, a credit union service organization (CUSO), to unify member interactions within its digital banking platform. The partnership will provide credit unions with the ChannelLess® tools needed to drive efficiencies, loyalty and conversions.

Tuesday, June 25, 2024 - 13:40
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/news/digital-banking/glia-delivers-unified-interactions-cuanswers-digital-banking-platform
Financial IT
Banca AideXa Secures €16M led by ConfCommercio

Italian fintech Banca AideXa, specializing in digital lending for micro and small businesses, has raised €16 million in new capital. This funding brings their total raised capital to €96 million and includes Italy’s largest business association, ConfCommercio, as a new investor.

Tuesday, June 25, 2024 - 13:16
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/news/fundraising-news/banca-aidexa-secures-eu16m-led-confcommercio
Financial IT
Mastercard Move Collaborates with Urpay to Enable Convenient and Secure Cross-border Payment Services

As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. 

Tuesday, June 25, 2024 - 12:27
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/news/payments/mastercard-move-collaborates-urpay-enable-convenient-and-secure-cross-border-payment
Financial IT
Wearable Paytech Provider MuchBetter Launches Contactless Payment Ring for Free in Italy
MuchBetter, the wearable payments tech pioneer, has today launched a free contactless ceramic payments ring in Italy giving consumers more convenient, stylish and enjoyable ways to pay by removing initial cost barriers to wearable tech.
 
Tuesday, June 25, 2024 - 11:14
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/news/payments/wearable-paytech-provider-muchbetter-launches-contactless-payment-ring-free-italy
Financial IT
GoCardless Partners with Celigo to Scale Indirect Customer Acquisition Globally

Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels.

Tuesday, June 25, 2024 - 10:54
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/news/payments/gocardless-partners-celigo-scale-indirect-customer-acquisition-globally
Financial IT

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