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UK paytech platform Blink Payment today announces its technology will be integrated into insurance software provider ParaCode’s customer platform, allowing insurance brokers to streamline and enhance their payments processes.
£1.3 trillion of UK savings is sitting in low interest savings accounts earning less than 50% of the Bank of England base rate (currently 4.5%), according to analysis of Bank of England credit data by Flagstone, the UK’s largest savings platform*. This equates to approximately three in every four pounds of UK savers’ hard-earned cash.
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card which will empower its customers with the flexibility and convenience they need to pay for goods and access funds across borders.
Comment from Willem Wellinghoff, Chief Compliance Officer and UK Chair of inclusive payments platform, Ecommpay:
Safello, the leading cryptocurrency exchange in the Nordics, has entered into an agreement with Zumo, a B2B digital assets platform, to facilitate sustainability disclosure requirements under MiCAR.
Through this collaboration, Safello will leverage Zumo’s expertise in carbon calculations and crypto sustainability impact to ensure accurate and transparent sustainability disclosures.
Clearwater Analytics today announced two strategic acquisitions, marking a major step toward transforming investment management technology.
Fime has achieved full FIDO Alliance Identity Verification (IDV) Certification Program accreditation across multiple regions. Both the Fime EMEA and Fime Taiwan testing laboratories can now support identity verification vendors in certifying their Document Authenticity and Face Verification solutions, helping combat fraud while enhancing the user experience.
Monzo, the UK’s largest digital bank with more than 11m customers, today announced they are removing the waitlist for their Under 16s product - making it available for any eligible parents or guardians to sign their kids up. U16s is a free account designed to bring the best of Monzo’s money management tools to children aged 6-15.
Ripple, the leader in enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Financial Centre (DIFC). Ripple will be the first blockchain-enabled payments provider licensed by the DFSA.