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The Price of Poor Payroll: New Research Reveals the Impact Poor Payroll Management is Having on UK SME Growth, Operations and Employee Engagement
- 24.11.2020 05:17 pm
- Payments
Research from IRIS Software Group (IRIS), one of the UK’s largest software companies, has found the UK’s small businesses are struggling to manage payroll for their staff during the pandemic, and it is impacting business performance. The YouGov Study revealed how nearly a third (29%) of businesses owners think managing payroll requires too much of their time. Despite a quarter (25%) agreeing that the amount of time spent managing payroll... more
Paysend Resolves 97% of Support Queries Within 24 Hours During COVID-19
- 24.11.2020 02:53 pm
- Covid-19, Payments, Money Transfers
As the world continues its race towards total digitalisation, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine tuning them to customer preferences. UK-based global FinTech firm Paysend has reported that 97% of issues raised with its Customer Service team are resolved within 24 hours, despite additional pressure from the global pandemic, including remote working environments.
Copper Adds CoinFLEX Exchange to ClearLoop in Institutional Custodian First
- 24.11.2020 12:33 pm
- Cryptocurrencies
Copper.co, the London-based digital asset infrastructure provider, today announced CoinFLEX, the first physically delivered cryptocurrency futures exchange, as the latest adopter of Copper’s ClearLoop framework. Copper will be the first institutional custodian to support off-exchange settlement at CoinFLEX, an exchange which uniquely offers a range of additional crypto products including repo markets, futures spreads, one-click borrow/lending,... more
FSS to Expand Market Footprint in Saudi Arabia
- 24.11.2020 09:25 am
- Payments
FSS (Financial Software and Systems), a global payments technology company, today announced its commitment to support the country’s banks to strengthen digital payment capabilities in the Kingdom of Saudi Arabia (KSA).
TransferGo Secures £4M from Silicon Valley Bank to Power Instant Payments
- 23.11.2020 12:42 pm
- Investment, Payments
TransferGo, one of the world’s fastest growing money transfer companies, today announces it has received £4m in financing from Silicon Valley Bank UK Branch (SVB), the bank of the world’s most innovative companies. This will enable the business to further develop and expand its real-time payments platform for consumers, SMEs and enterprise clients.
FICO UK Credit Market Report September 2020 Shows Card Spend Rise Stalling
Global analytics software provider FICO today released its analysis of UK card trends for September 2020, which shows the continuing impact of COVID-19 on household finances even while furlough and payment holidays remained in place during the month.
MiFinity Offers Post-Brexit Payment Solutions For UK & EEA
- 20.11.2020 02:53 pm
- Payments
The FCA announced on the 18th November 2020, that passporting of certain payment services for UK licenced institutions to European Economic Area (EEA) states will expire at the end the transition period on 31 December 2020.
Quppy Users Are Offered a Referral Program
- 20.11.2020 01:13 pm
- Transaction Banking, Payments
The Quppy digital financial solution is launching its first referral program. The Quppy current and new users are now provided with their unique referral links to share among their communities. The Quppy referral program works on a volume basis. Both the referrer and the referee are awarded with 15 euros right after the referee transaction volume reaches 600 euro. Every Quppy user has an unlimited number of referral initiatives.
Barclaycard Payments Reveals Growth in E-commerce Ahead of Black Friday
- 20.11.2020 01:09 pm
- Payments
Barclaycard Payments, which processes £1 in every £3 spent in the UK, has so far this month seen a 29 per cent jump in the value of the online transactions compared to November 2019. However, overall transactions remain 7 per cent below where they were in November last year, likely due to the drop in in-store sales, with many retail outlets currently unable to open.
Italian Fintech Satispay Raises €93M in Series C
- 20.11.2020 07:35 am
- Investment, Payments
Satispay, the leading Italian fintech startup revolutionizing mobile payments, is pleased to announce a €93 million Series C round.
The 3rd GCC E-Payments and Online Banking Summit
EastMed Ltd, announced the 3rd Annual E-Payments and Online Banking summit will be held under the patronage of Central Bank of Bahrain on 2-3 December 2020, virtually. E-Pay Summit which has been held annually since 2018 is the chosen meeting point for senior influencers from the e-commerce, retail, banking, fintech & telecommunications ecosystem to share their latest strategies, challenges and new applications which are set to impact the... more
Stocard Pay expands to four more European countries
- 19.11.2020 08:46 pm
- Payments
Stocard, the leading European mobile wallet, today launches its payment feature Stocard Pay in four European countries: Italy, France, Germany and the Netherlands having launched in the UK in June this year. This latest announcement from Fintech company Stocard is the first of a series of features as it sets its sights on becoming the leading on-the-go financial services provider.
Citi Selects Mastercard as Network Partner for the Citi Plex Account by Google Pay
- 19.11.2020 05:09 pm
- Payments
Today, Citi announced it has selected Mastercard as its network partner for the Citi Plex Account on Google Pay, a new digital checking and savings account built with financial wellness and mobile functionality at the core of the design to make managing money simpler, smarter and more rewarding.
Compass Plus and Consult Hyperion Team Up to Delve Into Future Ready Payments Platforms
- 19.11.2020 03:34 pm
- Payments
Compass Plus and independent global payments consultancy Consult Hyperion have joined forces to make industry professionals question whether payments platforms that are entering their fourth decade can truly meet their future business needs in a new white paper and webinar. Delving into the differences between payment platforms born in the 1990s and those developed and launched in the 2010s, the white paper and webinar focus on how a newer... more
Card Issuers Worldwide to Launch Their Branded “Pays” on Way4
- 19.11.2020 12:47 pm
- Payments
Now, card issuers who use the Way4 payments platform can build their own alternative to Google Pay or Samsung Pay by embedding NFC payments to their own mobile banking or wallet apps on Android phones. This was made possible after Way4 Contactless Wallet SDK passed security certification by EMVCo and international payment schemes.
