Cash Usage Declines, and One in Three Europeans Would Use the Digital Euro
- 2 days 4 hours ago
- Cash management
The latest European Payment Study by management and technology consultancy BearingPoint reveals significant shifts in payment behavior across nine European countries. While cash usage continues to dominate transactions in German-speaking countries, it is steadily declining across the continent. In Germany, Austria, and Switzerland cash remains the most frequently used payment method, accounting for 69%, 73% and 57% of transactions, respectively.
Utah Community Credit Union Selects NCR Atleos Allpoint Network to Expand Cash Access
- 4 days 25 min ago
- Cash management
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $3.1 billion-asset Utah Community Credit Union (UCCU) has chosen to join the Atleos
Regions Bank Announces Latest Innovation to Help Companies Streamline Cash Flow
- 5 days 15 min ago
- Cash management
Regions Bank on Thursday announced its latest offering designed to help Treasury Management clients better manage cash flow, optimize liquidity, reduce risks and more clearly anticipate business needs. Regions Bank is announcing Regions Embedded ERP Finance, the latest offering designed to help Treasury Management clients better manage cash flow, optimize liquidity, reduce risks and more clearly anticipate business needs. (Photo: Business Wire)
Standard Chartered Supports ChinaAMC (HK) in Launching the First Tokenised Retail Fund in Asia Pacific
- 1 week 2 days ago
- Management
Standard Chartered Bank Limited is pleased to announce that it is supporting China Asset Management (Hong Kong) Limited to launch the first tokenised retail money market fund in Asia Pacific tentatively by the end of February as its digital asset service provider, with Standard Chartered Trustee (Hong Kong) Limited acting as the Open-Ended Fund Company custodian for the fund.
Moneyhub Partners With Money Squirrel to Support the Launch of Their Financial Management App for SMEs
- 2 weeks 4 days ago
- Management
Moneyhub has partnered with Money Squirrel to power its innovative financial management app for small businesses. Money Squirrel launched its app early in January to provide a platform to help businesses take control of their finances and make their hard-earned cash work harder. Moneyhub’s Open Banking-enabled API technology powers Money Squirrel’s platform. It empowers businesses to make the most of their money by automating the saving of... more
Outdated Expenses Processes Leave Employees £690 Million Out of Pocket Annually
- 1 month 6 hours ago
- Management
New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.
Pemberton Capital Advisors Optimises Portfolio Management With Broadridge Technology
- 1 month 2 weeks ago
- Management
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Pemberton Capital Advisors LLP, a leading European private credit manager, has adopted Broadridge’s Sentry Private Credit Portfolio Management solution. Pemberton selected Broadridge’s technology to help it gain greater operational efficiencies and scale its private debt and collateralized loan obligation (CLO) businesses to meet growing demand.
80% Of Companies Are Investing In AI To Improve Cash Flow Despite Budget Cuts
- 2 months 6 days ago
- Cash management
In collaboration with consulting and audit firm PwC France and Maghreb,
Kamina And Mastercard Announce Strategic Alliance To Boost Financial Wellness And Inclusion In Ecuador
- 2 months 1 week ago
- Management
The financial ecosystem in Latin America continues to evolve, focusing on delivering more comprehensive and effective services to its users. Countries like Brazil have already implemented programs offering tailored financial support, enabling individuals to manage their finances more effectively.
1 in 4 Brits Keep Cash on Hand Amid Growing IT Failure Concerns
- 2 months 1 week ago
- Cash management
As digital banking becomes the norm, over a third (34%) of Brits are worried about the potential of IT failures at their banks, and 25% now keep cash on hand as a precaution against outages. This trend reflects the growing uncertainty consumers feel about the reliability of digital financial services, as the availability of in-person banking continues to decline.
SumUp Cash Advance Expanded - Launches In Several New European Markets
- 2 months 2 weeks ago
- Cash management
Global fintech SumUp today announced the expansion of its Cash Advance product that first launched in the UK in 2020. Cash Advance will now be available in several new European markets: Germany, France, Ireland, and the Netherlands.
Aryza Partners With TransUnion To Enhance Credit And Debt Management Solutions In The UK And Ireland
- 2 months 2 weeks ago
- Management
Aryza Group, a leading provider of financial software solutions, has announced a partnership with TransUnion, a global information and insights company. The partnership will leverage the strengths of both companies to offer comprehensive credit and debt management solutions across all Aryza platforms and services in the UK and Ireland, whilst keeping consumer well-being at the heart of decision making.
Digital Cash On The Agenda As UK Cash Use Declines, Says Payments Association Study
- 2 months 2 weeks ago
- Cash management
An extensive new survey from The Payments Association, a trade group representing the payments industry, has shown that consumer preference for using cash is already low and likely to decline further. The Payments Association believes the UK should invest in the next stage of its payments evolution with the introduction of a Central Bank Digital Currency (CBDC).
Marygold Launches Newest Feature Of Mobile Fintech Banking App—Cash Management Account With Up To 6% Return
- 2 months 2 weeks ago
- Cash management
The Marygold Companies, Inc., a diversified global holding firm, today announced that its Marygold & Co. subsidiary has introduced the latest feature of its recently developed mobile fintech banking app—a Cash Management Account with a return of up to 6%.
East of England Co-op Extends Relationship With NCR Atleos, Expanding Cash Access for Local Communities
- 2 months 2 weeks ago
- Cash management
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that East of England Co-op has extended its relationship with Atleos to provide ATMs through the Cashzone Network across its stores.
