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Money Worries Creating Mental Health Timebomb: Young People Three Times More Likely to See Mental Health Worsen Due to Finances

Young people are three times more likely than older generations to have their mental health impacted by money worries, research from responsible lender, Creditspring reveals.

Four in ten (39%) people aged 18-34 say their mental health has significantly worsened as a direct result of the cost of living crisis, compared to just 13% of over 55s.

Wednesday, April 10, 2024 - 09:56
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Financial IT
FICO Partners with Atto to Build Predictive Models with Real-Time Transactional Data

Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market. This partnership will enable UK lenders to easily integrate Open Banking data into the credit scoring process.

Wednesday, April 10, 2024 - 09:51
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Financial IT
TransferGo Secures 10 Million USD Investment from Taiwania Capital

TransferGo, the global fintech empowering a world on the move, today announced securing a 10 million USD investment from Taiwania Capital, a leading venture capital firm in Taiwan, backed by Taiwan’s public and private sectors. This investment aims to accelerate growth in the Asia-Pacific region and support the expansion of its new product offerings. 

Wednesday, April 10, 2024 - 08:36
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Financial IT
Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023

An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022. 

Wednesday, April 10, 2024 - 08:28
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Financial IT
PayDo Launches Embedded Finance

PayDo, a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA  Instant, FPS and SWIFT transactions. 

Now more than ever, financial agility and global connectivity are crucial. PayDo's shift to embedded finance is a game-changer for businesses and individual clients.  

Wednesday, April 10, 2024 - 08:13
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Financial IT
How Embedded Finance Can Become the Driver of Financial Inclusion

Financial inclusion is essential for the public, businesses and government nationwide. News in March revealed that the UK experienced the sharpest increase in absolute poverty in 30 years, with almost a fifth (18%) of the UK population in absolute poverty.

Tuesday, April 9, 2024 - 13:42
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Financial IT
Nubank Ultravioleta Enters the Travel Segment with the Launch of Global Account for Customers, in partnership with Wise Platform

Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large companies. Starting today, Ultravioleta customers can sign up in advance for first-hand access to the service, which will be launched in the coming weeks. 

Tuesday, April 9, 2024 - 13:21
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Financial IT
Novidea Secures Additional $30 Million from HarbourVest Partners, Bringing Total Series C to $80 Million

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform, today announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C round to $80 million, joining existing investors Battery Ventures, Cross Creek, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, Novidea has raised $120 Million.

Tuesday, April 9, 2024 - 13:07
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Financial IT
Entrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security

Entrust, a global leader in trusted payments, identities, and data security, today announced that it has completed its acquisition of Onfido, a global leader in identity verification. With this completed acquisition, Entrust now provides the industry's most comprehensive portfolio of AI-powered, identity-centric security solutions. Terms of the acquisition were not disclosed.

Tuesday, April 9, 2024 - 13:02
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Financial IT
allpay Limited Achieves Mastercard Sustainability Badge

allpay Limited is proud to announce its attainment of the Mastercard Sustainability Badge, positioning the company at the forefront of environmentally conscious practices. 

Tuesday, April 9, 2024 - 12:53
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Financial IT

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