As inflation rises and the economy fluctuates, a significant number of consumers are beginning to look for alternative ways of banking and managing their finances. This is where fintech comes into play, as it offers a wider range of services that align with the needs of modern consumers. The fast-growing industry covers most financial services that are available online, from digital lending and mobile banking to cryptocurrency and insurance.

It’s been two months since PSD2 enforcement started in the UK, and we have taken a look at data from merchants to see what patterns are emerging and what we can learn.

PPS, an Edenred company, and the UK and Europe’s market-leading payments provider, today announces an exciting new step in its long-standing relationship with the UK Post Office.

Individuals and small businesses using PPS services can now deposit cash instantly to their accounts at 11,500 post offices across the United Kingdom.

Tech-focussed investment bank ICON Corporate Finance has acted as corporate development adviser to global software company TimeXtender in its investment from leading Nordic growth equity investor, Monterro. 

Worldline, a world leader in payment services, is deploying Open Payment on the Lyon public transport network (TCL) for SYTRAL Mobilités, France's second-largest mobility organising authority, to simplify the purchasing process and offer more freedom to travellers in the 73 communes served.

Construction technology provider Causeway Technologies has acquired Yotta, a global provider of connected asset management software and services, from AIM-listed Oxford Metrics.

Global payment service provider, Computop, has today announced the appointment of Philip Plambeck as Senior VP of Sales in the UK. 
 

LIKEZERO, the next generation contract risk analysis and data capture company, is delighted to announce the appointment of Joli Riley as COO.

Brand New Day, a leading neobank in the Netherlands, has opted for Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, to scale its anti-money laundering (AML) controls.

A new digital based solution, Early Pay, designed to incentivise larger organisations and local authorities to pay their suppliers before an invoice is due and encourage stronger supply chain relations has been launched by UK Fintech, Saltare.