Only 40 per cent of UK consumers would still rather use their bank for international money transfer services than any other available platform, according to research from FXcompared Intelligence, the research division of FXcompared. This lack of a preference for bank-based transfers is seen across a range of currency transaction values.

Dave Hobday, MD of Worldpay UK, said:

“We know that 10% of Brits don’t carry any cash on them, so if you’re only taking cash payments, that’s one in 10 potential customers who will never consider shopping with you.

“When all the recent talk is around technology making payments fast, secure and convenient, notes and coins increasingly seem like something our children will laugh about in the future.

Germany's Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment.

Mobile payments company Square is to open its fourth global hub in Melbourne, Australia, to drive sales of its Register tablet POS.

Tullett Prebon Information (TPI), a leading global provider of financial market data, has won Best Data Provider (Broker) at the Inside Market Data awards for the fifth year in a row.

The Inside Market Data awards recognise excellence within the market data industry. The winners, voted for by data consumers within the global banking and financial services sectors, were announced at a ceremony held in New York on Wednesday, 20 May.

A new study from Experian, the global information services company, reveals that more than three million¹ social housing tenants could be missing out on the most competitive online financial deals due to a lack of a credit history and also limited internet access.

The youth (18-24 year olds) of the UK & Ireland’s Information Generation, have demonstrated exacting standards over their suppliers in retail, financial services and technology, media and entertainment sectors, research undertaken by Opinium reveals today.

Equiniti, a leading specialist in technology, finance and administrative services, today opened the doors to its brand new Fintech innovation centre in Cardiff’s newly developed ‘Capital Quarter’.

The centre will serve as an exciting hub from which Equiniti will continue to develop its core offering of innovative FinTech solutions. These currently include multi-lingual platforms and device agnostic portals for employee share plans, online applications for investment platforms and web/mobile applications for pension products.

 Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, announced today that Willis, one of the world’s leading insurance brokers, has selected Gresham’s Clareti Transaction Control (CTC) solution for real-time matching and reconciliation of transaction data across its global business.

Zurich, Switzerland – SIX Financial Information wins Best Corporate Actions Data Provider for the sixth year in a row at this year’s Inside Reference Data and Inside Market Data Awards