New Research from WEX and (E) BrandConnect Identifies the Pandemic as a Tipping Point for Digital Payments
WEX (NYSE: WEX), a leading financial technology service provider, and (E) BrandConnect, a commercial arm of The Economist Group, today announced the release of “The Digital Payments Tipping Point” white paper, which highlights how the pandemic has accelerated the digital transformation of B2B payments. The survey, of U.S. executives in financial services and technology, found that 72 percent of U.S.
Cancer Research UK Partners with Payments Tech Company TapSimple to Facilitate Cashless Donations in Age of Covid
Feel-good fundraising platform TapSimple has today announced the addition of Cancer Research UK to its portfolio of charity clients adding to the charity’s use of contactless technology to help raise funds in an increasingly cashless society. Cancer Research UK will be able to receive digital donations from supporters, via TapSimple’s device, the Clip. The technology facilitates Contactless and Chip & Pin donations when paired with the... more
Bounce Back Loan Scheme Top-Ups Open for Eligible Businesses
From today, participating lenders in the Bounce Back Loan Scheme (BBLS) are able to offer smaller businesses across the UK a ‘top-up’ to their existing Bounce Back Loan if they originally borrowed less than the maximum amount available to them. The Bounce Back Loan top-up will be available from several large lenders from today, with other lenders anticipated to make the top-up available in due course.
iwoca Makes Its “Buy Now, Pay Later” Product Free for SMEs During Lockdown
iwoca, one of Europe’s largest small business lenders, announces that its invoice payments product – iwocaPay – will be free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.1
McAfee Sees COVID-19-Themed Threats and Powershell Malware Surge in Q2 2020
- 4 years 2 weeks ago
- Covid-19, Cybersecurity
McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, released its McAfee Labs Threats Report: November 2020, examining cybercriminal activity related to malware and the evolution of cyber threats in Q2 2020. During this period, McAfee saw an average of 419 new threats per minute as overall new malware samples grew by 11.5%.
FICO Announces New Virtual Event, “Taking Control: Digital Transformation in the New Normal”
- 4 years 2 weeks ago
- Covid-19, Banking, FinTech StartUps
The latest FICO Virtual Event – Taking Control: Digital Transformation in the New Normal – will be a week-long event beginning Monday, November 9, 2020.
British Business Investments Announces New £30 Million Commitment to Back UK SMEs through Funding Circle’s UK SME Direct Lending Fund
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30 million commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund.
UK Consumers Struggled to Reach Lenders About Payment Problems in Pandemic
New FICO research [1] reveals that 1 in 10 UK borrowers found it hard to get assistance during the first phase of the pandemic; financial service providers need to be better equipped to offer support as extension of payment holidays come into force this week Highlights Motor finance customers faced the greatest challenge making contact with their lender at the start of the pandemic at 33 percent
GenZ Most Reliant on Credit as UK Population Continues to Struggle Financially
- 4 years 3 weeks ago
- Covid-19, Lending, Personal Finance
People in the UK continue to feel the strain on their finances due to COVID-19 with those aged 18 to 24 most affected - according to credit reference agency Credit Kudos’ second Borrowing Index, which drills down into the nation’s current borrowing behaviour. The survey of 2,000 people across the UK found that almost two in five (37%) of the youngest adults have seen their finances impacted (compared to 26% across the UK), while 43% had to... more
European Financial Institutions Lose Almost Two Thirds of Applicants During Onboarding
- 4 years 3 weeks ago
- Covid-19, Digital Identity
Signicat, the Trusted Digital Identity™ company, today revealed new research that shows 63% of consumers in Europe have abandoned financial applications in the past year. The survey results—conducted in May and June 2020 during Europe-wide COVID-19 restrictions—are the worst since the report debuted in 2016 and show a sharp increase of 23 points from the 40% abandonment rate in 2019.
New Salesforce Research Reveals that 71% of Indians Expect Companies to Accelerate Digital Initiatives, Showing the Many Ways Customer Engagement is Changing Amid Crises
Salesforce, the global leader in CRM, today released the fourth edition of its State of the Connected Customer report which reveals that while a string of crises has affected all facets of life, including a fundamental shift in how customers connect with brands, factors like empathy, personalization, convenience, and digital transformation are the keys to customer relationships.
CFO Role Expands Amid Pandemic, According to New Protiviti Survey
- 4 years 1 month ago
- Covid-19
Global consulting firm Protiviti has released the findings of its annual Finance Trends Survey, which reveal CFOs and senior finance executives are facing a growing list of responsibilities and demands from internal stakeholders as the pandemic has stress-tested the finance labor model in real time.
PXP Financial Releases New Report ‘Supporting Businesses and Payments through COVID’
PXP Financial, the global expert in acquiring and payment processing services, today launches its ‘Supporting Businesses and Payments through COVID’ report, advising businesses in gaming, retail and hospitality on best payments practice throughout the ongoing COVID-19 pandemic.
Enterprising online: how to supercharge your small business during lockdown
- 4 years 1 month ago
- Covid-19
With lockdown restrictions increasing across the UK a new report reveals that 1 in 5 small business believe they will not survive1 Fasthosts has detailed some tips to help those SMEs with an online presence thrive during this volatile period Businesses are set to face their hardest winter ever this year as lockdown restrictions continue to take effect across the UK.
