Latest research predicts that the global number of outlets accepting cards will near 100 million by the end of 2025. The COVID-19 pandemic has accelerated the move to contactless payments, which will boost card acceptance

Nearly a million new card-accepting outlets in India in 2019

United Fintech, a ground-breaking new concept which enables banks and financial institutions to accelerate access to innovative digital technology from a wide range of fintechs specialising in capital markets, launches today.

United Fintech will provide banks and financial institutions with easy access to the newest technology and accelerate implementation of these proven solutions. Its focus is on facilitating banks and financial institutions in their transition to a digital world.

Tribe Payments, an issuer/acquirer processor and payment technology provider, today launched Open Banking APIs in partnership with Open Banking Europe.

iwoca, one of Europe’s largest small business lenders, has laid out its ambitions to lend an additional £100 million to businesses through the Coronavirus Business Interruption Loan Scheme (CBILS) before applications close on 31st January 2021. This will bring its total lending to over £200 million. 

Temenos (SIX: TEMN), the banking software company, today published a new report by The Economist Intelligence Unit (EIU) based on an analysis of over 10 million online conversations in public forums about personal finance.

BMLL, the award-winning data and analytics provider, today announced a collaboration with Data In Harmony (DIH), a data provider and data consultancy covering global financial markets, to make BMLL’s Data Lab and Data Feed available to US-based market participants, helping them unlock the predictive power of order book data.

SoftSolutions, the high performance multi-market fixed income trading technology provider, today announced the launch of the next generation of their nexRates solution, the fully integrated electronic trading as a service platform for secondary markets. nexRates can now be delivered over the cloud in addition to the well-established nexRates on-premise solution.  

New data released today by AppZen, the world’s leading AI solution for modern finance teams, reveals how the pandemic and remote work has impacted company expense reports. In addition to a 57 per cent increase in expense claims for internet, UK respondents’ claims for electricity and gas have risen 50 per cent, possibly impacted by colder weather and evenings getting darker, earlier.

BAFT, the leading international transaction banking association, announced today the formation of its Global Payments Industry Council (GPIC). The GPIC’s primary purpose is to set BAFT’s strategic agenda with respect to global payments and to ensure proper alignment of BAFT’s payments committees and working groups.

Digiterre, a software and data engineering consultancy, today announced the appointment of Theresa Cantwell to an expanded role as Director of HR and Engagement Management. In addition, as part of the growth of the HR function, Helen Chilton has been appointed Senior Technical Recruiter.